Forsta AP Fonden Lowers Holdings in Atmos Energy Corporation $ATO

Forsta AP Fonden trimmed its holdings in Atmos Energy Corporation (NYSE:ATO) by 18.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 65,000 shares of the utilities provider’s stock after selling 14,700 shares during the period. Forsta AP Fonden’s holdings in Atmos Energy were worth $10,896,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Norges Bank purchased a new position in Atmos Energy in the fourth quarter worth approximately $331,426,000. Eurizon Capital SGR S.p.A. purchased a new position in Atmos Energy in the fourth quarter worth approximately $34,582,000. Fideuram Asset Management Ireland dac purchased a new position in Atmos Energy in the fourth quarter worth approximately $102,000. National Pension Service grew its position in Atmos Energy by 6.2% in the fourth quarter. National Pension Service now owns 221,670 shares of the utilities provider’s stock worth $37,159,000 after acquiring an additional 12,979 shares during the period. Finally, SBI Okasan Asset Management Co.Ltd. purchased a new position in Atmos Energy in the fourth quarter worth approximately $1,620,000. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ATO has been the subject of several analyst reports. TD Cowen increased their price objective on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Citigroup raised their price target on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Barclays raised their price target on Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, May 26th. Finally, Mizuho lowered their price target on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research report on Friday. One research analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $181.90.

Atmos Energy Trading Down 0.1%

ATO opened at $168.96 on Monday. Atmos Energy Corporation has a 52 week low of $149.98 and a 52 week high of $192.51. The business has a fifty day simple moving average of $183.33 and a 200-day simple moving average of $177.17. The firm has a market cap of $28.20 billion, a P/E ratio of 20.76, a P/E/G ratio of 2.94 and a beta of 0.60. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65.

Atmos Energy (NYSE:ATO) last released its quarterly 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 return on equity of 9.59% and a net margin of 27.58%.The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period last year, the business posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities analysts expect that Atmos Energy Corporation will post 8.44 earnings per share for the current year.

Atmos Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Tuesday, May 26th will be issued a $1.00 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. Atmos Energy’s dividend payout ratio (DPR) is 49.14%.

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.