Fjarde AP Fonden Fourth Swedish National Pension Fund Makes New $6 Million Investment in Atmos Energy Corporation $ATO

Fjarde AP Fonden Fourth Swedish National Pension Fund bought a new position in Atmos Energy Corporation (NYSE:ATO) in the 1st quarter, Holdings Channel.com reports. The firm bought 32,500 shares of the utilities provider’s stock, valued at approximately $6,003,000.

Other hedge funds have also modified their holdings of the company. Garner Asset Management Corp purchased a new position in Atmos Energy in the 4th quarter worth approximately $25,000. JFS Wealth Advisors LLC lifted its holdings in Atmos Energy by 85.9% in the 4th quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock worth $26,000 after buying an additional 73 shares in the last quarter. Kingdom Financial Group LLC. purchased a new position in Atmos Energy in the 4th quarter valued at about $26,000. Princeton Global Asset Management LLC grew its stake in shares of Atmos Energy by 270.2% during the fourth 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 in the last quarter. Finally, Elevated Capital Advisors LLC purchased a new stake in shares of Atmos Energy during the fourth quarter worth about $32,000. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on ATO shares. Citigroup increased their price target on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Wall Street Zen upgraded shares of Atmos Energy from a “sell” rating to a “hold” rating in a research note on Saturday. Barclays upped their target price 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 lifted their price target on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research note on Friday, May 15th. Finally, Mizuho cut their price objective on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $183.90.

Atmos Energy Trading Down 0.1%

NYSE:ATO opened at $176.66 on Monday. Atmos Energy Corporation has a 12-month low of $150.51 and a 12-month high of $192.51. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89. The business has a 50 day simple moving average of $175.80 and a 200 day simple moving average of $176.81. The firm has a market capitalization of $29.49 billion, a P/E ratio of 21.70, a P/E/G ratio of 3.06 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, beating 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 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. Equities research analysts predict that Atmos Energy Corporation will post 8.46 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 given a $1.00 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 annualized dividend and a yield of 2.3%. Atmos Energy’s dividend payout ratio is 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.