Rockefeller Capital Management L.P. Acquires 5,312 Shares of Atmos Energy Corporation $ATO

Rockefeller Capital Management L.P. increased its holdings in Atmos Energy Corporation (NYSE:ATO) by 57.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,623 shares of the utilities provider’s stock after purchasing an additional 5,312 shares during the period. Rockefeller Capital Management L.P.’s holdings in Atmos Energy were worth $2,451,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Garner Asset Management Corp bought a new stake in Atmos Energy in the fourth quarter worth $25,000. JFS Wealth Advisors LLC increased its holdings in shares of Atmos Energy by 85.9% in the fourth quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock worth $26,000 after buying an additional 73 shares during the period. Kingdom Financial Group LLC. bought a new stake in shares of Atmos Energy in the 4th quarter valued at about $26,000. Princeton Global Asset Management LLC boosted its holdings in Atmos Energy by 270.2% during the 4th quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 127 shares during the period. Finally, Elevated Capital Advisors LLC bought a new position in Atmos Energy during the 4th quarter worth approximately $32,000. Institutional investors own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

ATO has been the subject of several recent research reports. Truist Financial lowered their price objective on Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Wall Street Zen lowered shares of Atmos Energy from a “hold” rating to a “sell” rating in a report on Friday, June 19th. Citigroup raised their price target 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. Barclays boosted 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 report on Wednesday, April 8th. Finally, Morgan Stanley set a $190.00 target price on shares of Atmos Energy in a report on Wednesday, June 24th. One analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Atmos Energy has an average rating of “Hold” and a consensus price target of $182.60.

Atmos Energy Stock Performance

NYSE:ATO opened at $174.68 on Tuesday. The stock has a market cap of $29.16 billion, a P/E ratio of 21.46, a price-to-earnings-growth ratio of 3.04 and a beta of 0.60. The firm’s fifty day simple moving average is $176.58 and its 200 day simple moving average is $176.63. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve month high of $192.51. 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 issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping the consensus estimate of $3.37 by $0.10. The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same period in the prior year, the business earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, research analysts predict that Atmos Energy Corporation will post 8.46 EPS for the current year.

Atmos Energy Dividend Announcement

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

About Atmos Energy

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.