ABN Amro Investment Solutions Has $5.48 Million Position in Atmos Energy Corporation $ATO

ABN Amro Investment Solutions lessened its position in Atmos Energy Corporation (NYSE:ATO) by 50.4% in the 1st quarter, Holdings Channel reports. The firm owned 29,686 shares of the utilities provider’s stock after selling 30,180 shares during the period. ABN Amro Investment Solutions’ holdings in Atmos Energy were worth $5,484,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ATO. Compound Planning Inc. boosted 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 grew its stake in Atmos Energy by 3.9% in the fourth quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock valued at $265,000 after acquiring an additional 60 shares during the period. MGO One Seven LLC grew its stake in Atmos Energy by 4.3% in the fourth quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock valued at $254,000 after acquiring an additional 62 shares during the period. Wealthfront Advisers LLC increased its holdings in shares of Atmos Energy by 0.8% in the first quarter. Wealthfront Advisers LLC now owns 8,153 shares of the utilities provider’s stock worth $1,506,000 after acquiring an additional 65 shares in the last quarter. Finally, Root Financial Partners LLC increased its holdings in shares of Atmos Energy by 39.1% in the first quarter. Root Financial Partners LLC now owns 235 shares of the utilities provider’s stock worth $43,000 after acquiring an additional 66 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Atmos Energy Stock Up 2.0%

ATO opened at $178.47 on Thursday. Atmos Energy Corporation has a 1-year low of $154.23 and a 1-year high of $192.51. The stock has a market cap of $29.79 billion, a PE ratio of 21.93, a price-to-earnings-growth ratio of 3.04 and a beta of 0.60. The stock’s fifty day simple moving average is $173.76 and its 200 day simple moving average is $177.60. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65.

Atmos Energy (NYSE:ATO) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping the consensus estimate of $3.37 by $0.10. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the firm posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, research analysts expect that Atmos Energy Corporation will post 8.43 earnings per share for the current year.

Atmos Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. Atmos Energy’s dividend payout ratio (DPR) is currently 49.14%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ATO. Weiss Ratings lowered shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. Wells Fargo & Company started coverage on Atmos Energy in a research report on Monday, July 13th. They issued an “overweight” rating and a $200.00 target price on the stock. Mizuho lowered their price objective on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Barclays decreased their target price on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Atmos Energy from $196.00 to $198.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Four research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $186.92.

Atmos Energy 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.