Atmos Energy Corporation $ATO Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC boosted its stake in Atmos Energy Corporation (NYSE:ATO) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 189,256 shares of the utilities provider’s stock after acquiring an additional 7,083 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Atmos Energy were worth $35,105,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in ATO. Compound Planning Inc. lifted its position in shares of Atmos Energy by 3.6% during the fourth quarter. Compound Planning Inc. now owns 1,654 shares of the utilities provider’s stock worth $277,000 after purchasing an additional 58 shares in the last quarter. Checchi Capital Advisers LLC boosted its position in Atmos Energy by 3.9% in the 4th quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock valued at $265,000 after buying an additional 60 shares during the last quarter. MGO One Seven LLC boosted its position in Atmos Energy by 4.3% in the 4th quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock valued at $254,000 after buying an additional 62 shares during the last quarter. Wealthfront Advisers LLC grew its stake in shares of Atmos Energy by 0.8% during the first quarter. Wealthfront Advisers LLC now owns 8,153 shares of the utilities provider’s stock valued at $1,506,000 after acquiring an additional 65 shares in the last quarter. Finally, Root Financial Partners LLC grew its stake in shares of Atmos Energy by 39.1% during the first quarter. Root Financial Partners LLC now owns 235 shares of the utilities provider’s stock valued at $43,000 after acquiring an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Atmos Energy Stock Performance

Shares of ATO opened at $177.57 on Monday. The business’s fifty day moving average price is $174.02 and its 200 day moving average price is $177.41. Atmos Energy Corporation has a 12-month low of $154.23 and a 12-month high of $192.51. The stock has a market capitalization of $29.64 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 3.08 and a beta of 0.60. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89.

Atmos Energy (NYSE:ATO) last released its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, beating the consensus estimate of $3.37 by $0.10. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same quarter in the previous year, the firm earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities research analysts forecast that Atmos Energy Corporation will post 8.45 EPS for the current year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Tuesday, May 26th were paid a dividend of $1.00 per share. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 annualized dividend and a yield of 2.3%. Atmos Energy’s dividend payout ratio is 49.14%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on ATO shares. Barclays reduced their price target on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating for the company in a report on Tuesday, July 14th. Wall Street Zen lowered Atmos Energy from a “hold” rating to a “sell” rating in a research report on Saturday. Truist Financial increased their target price on Atmos Energy from $187.00 to $188.00 and gave the company a “hold” rating in a research note on Friday. Citigroup lifted their price target on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Finally, Argus cut their price target on shares of Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a report on Thursday, July 2nd. Four analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $186.42.

Atmos Energy Company Profile

Atmos Energy Corporation (NYSE: ATO) is a U.S.-based natural-gas utility that primarily focuses on the regulated distribution of natural gas. Headquartered in Dallas, Texas, the company operates through local distribution systems to deliver natural gas to residential, commercial, industrial and electric generation customers. Atmos’s core activities include pipeline operations, gas distribution, system maintenance and reliability programs designed to ensure safe and continuous service to its customers.

The company’s services encompass gas delivery, system integrity and maintenance, storage and transmission connections, and customer-facing programs such as billing, conservation initiatives and energy-efficiency offerings.