Aristotle Capital Management LLC Sells 1,503,648 Shares of Atmos Energy Corporation $ATO

Aristotle Capital Management LLC lessened its holdings in Atmos Energy Corporation (NYSE:ATO) by 23.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,866,481 shares of the utilities provider’s stock after selling 1,503,648 shares during the quarter. Atmos Energy accounts for approximately 1.9% of Aristotle Capital Management LLC’s investment portfolio, making the stock its 19th biggest position. Aristotle Capital Management LLC’s holdings in Atmos Energy were worth $898,951,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Atmos Energy by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 21,032,554 shares of the utilities provider’s stock worth $3,525,687,000 after acquiring an additional 276,485 shares in the last quarter. Capital International Investors grew its stake in shares of Atmos Energy by 8.5% during the fourth quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider’s stock worth $1,993,968,000 after buying an additional 927,986 shares during the last quarter. State Street Corp grew its stake in shares of Atmos Energy by 1.5% during the fourth quarter. State Street Corp now owns 10,786,358 shares of the utilities provider’s stock worth $1,808,117,000 after buying an additional 155,836 shares during the last quarter. Geode Capital Management LLC raised its position in Atmos Energy by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 4,214,985 shares of the utilities provider’s stock valued at $703,824,000 after purchasing an additional 78,438 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in shares of Atmos Energy by 2.3% in the third quarter. Bank of America Corp DE now owns 3,737,053 shares of the utilities provider’s stock valued at $638,102,000 after buying an additional 84,786 shares during the period. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Trading Up 0.7%

ATO opened at $179.24 on Friday. The company has a fifty day moving average price of $173.76 and a two-hundred day moving average price of $177.67. Atmos Energy Corporation has a 1-year low of $154.23 and a 1-year high of $192.51. The company has a market cap of $29.92 billion, a P/E ratio of 22.02, a price-to-earnings-growth ratio of 3.09 and a beta of 0.60. 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 issued its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, beating the consensus estimate of $3.37 by $0.10. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period last year, the business posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts predict that Atmos Energy Corporation will post 8.44 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The firm also recently disclosed 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. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Tuesday, May 26th. Atmos Energy’s dividend payout ratio (DPR) is currently 49.14%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ATO shares. Wall Street Zen lowered shares of Atmos Energy from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Wells Fargo & Company started coverage on Atmos Energy in a report on Monday, July 13th. They issued an “overweight” rating and a $200.00 price objective for the company. Citigroup boosted their price target on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Weiss Ratings lowered shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. Finally, Mizuho decreased their price objective on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research report on Friday, May 29th. Four analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Atmos Energy currently has an average rating of “Hold” and a consensus target price of $186.92.

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.