Fox Run Management L.L.C. purchased a new position in shares of Atmos Energy Corporation (NYSE:ATO – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,009 shares of the utilities provider’s stock, valued at approximately $840,000.
Other hedge funds also recently bought and sold shares of the company. Checchi Capital Advisers LLC grew its position in shares of 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 purchasing an additional 60 shares during the period. MGO One Seven LLC grew its position in shares of 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 purchasing an additional 62 shares during the period. Horizon Investments LLC grew its position in shares of Atmos Energy by 1.2% in the fourth quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock valued at $912,000 after purchasing an additional 67 shares during the period. Buckhead Capital Management LLC grew its position in shares of Atmos Energy by 1.1% in the fourth quarter. Buckhead Capital Management LLC now owns 6,671 shares of the utilities provider’s stock valued at $1,118,000 after purchasing an additional 71 shares during the period. Finally, Norinchukin Bank The grew its position in shares of Atmos Energy by 0.7% in the third quarter. Norinchukin Bank The now owns 9,733 shares of the utilities provider’s stock valued at $1,662,000 after purchasing an additional 72 shares during the period. Hedge funds and other institutional investors own 90.17% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the stock. Barclays upped their price objective on shares of Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. TD Cowen increased their price objective on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a report on Friday, May 15th. Weiss Ratings lowered shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. Citigroup increased their price objective on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Morgan Stanley set a $183.00 price objective on shares of Atmos Energy in a report on Thursday, May 21st. One analyst has rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $181.90.
Atmos Energy Price Performance
Shares of Atmos Energy stock opened at $169.32 on Thursday. The business’s fifty day moving average price is $181.06 and its 200 day moving average price is $176.74. The stock has a market capitalization of $28.26 billion, a P/E ratio of 20.80, a PEG ratio of 2.91 and a beta of 0.60. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve month high of $192.51. 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 – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same quarter in the previous year, the firm posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, research analysts anticipate that Atmos Energy Corporation will post 8.43 earnings per share for the current year.
Atmos Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Tuesday, May 26th. Atmos Energy’s payout ratio is currently 49.14%.
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.
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