Pacer Advisors Inc. Has $3.21 Million Stake in Atmos Energy Corporation $ATO

Pacer Advisors Inc. increased its position in Atmos Energy Corporation (NYSE:ATO) by 41.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,168 shares of the utilities provider’s stock after purchasing an additional 5,648 shares during the period. Pacer Advisors Inc.’s holdings in Atmos Energy were worth $3,213,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. TABR Capital Management LLC acquired a new stake in shares of Atmos Energy in the 4th quarter worth about $1,096,000. Swiss Life Asset Management Ltd boosted its stake in Atmos Energy by 133.1% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 39,904 shares of the utilities provider’s stock valued at $6,814,000 after purchasing an additional 22,784 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Atmos Energy by 12.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 182,173 shares of the utilities provider’s stock worth $30,853,000 after purchasing an additional 20,408 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in Atmos Energy during the 4th quarter worth approximately $34,582,000. Finally, Principal Financial Group Inc. lifted its holdings in shares of Atmos Energy by 30.9% in the fourth quarter. Principal Financial Group Inc. now owns 486,229 shares of the utilities provider’s stock valued at $81,507,000 after purchasing an additional 114,836 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Atmos Energy Stock Up 1.2%

Atmos Energy stock opened at $171.68 on Wednesday. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve month high of $192.51. The firm has a 50 day moving average price of $177.67 and a 200-day moving average price of $176.48. The company has a market capitalization of $28.66 billion, a P/E ratio of 21.09, a P/E/G ratio of 2.95 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 posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations 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, equities analysts predict that Atmos Energy Corporation will post 8.43 EPS for the current year.

Atmos Energy Announces Dividend

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

Analysts Set New Price Targets

ATO has been the topic of several analyst reports. TD Cowen lifted their target price on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research report on Friday, May 15th. Mizuho lowered their target price on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a report on Friday, May 29th. Barclays raised their price target on shares of Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 8th. Truist Financial reduced their price objective on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Finally, Morgan Stanley set a $183.00 price objective on shares of Atmos Energy in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $181.90.

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.