Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in Atmos Energy Corporation (NYSE:ATO) by 35.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,537 shares of the utilities provider’s stock after buying an additional 11,377 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Atmos Energy Corporation were worth $3,611,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Carroll Financial Associates Inc. raised its position in Atmos Energy Corporation by 0.3% in the second quarter. Carroll Financial Associates Inc. now owns 1,282 shares of the utilities provider’s stock valued at $106,000 after buying an additional 4 shares during the period. Advisor Partners LLC raised its position in Atmos Energy Corporation by 1.0% in the first quarter. Advisor Partners LLC now owns 2,777 shares of the utilities provider’s stock valued at $219,000 after buying an additional 28 shares during the period. Lbmc Investment Advisors LLC raised its position in Atmos Energy Corporation by 0.6% in the first quarter. Lbmc Investment Advisors LLC now owns 5,325 shares of the utilities provider’s stock valued at $421,000 after buying an additional 31 shares during the period. Public Employees Retirement Association of Colorado raised its position in Atmos Energy Corporation by 1.1% in the second quarter. Public Employees Retirement Association of Colorado now owns 3,243 shares of the utilities provider’s stock valued at $269,000 after buying an additional 35 shares during the period. Finally, Ronna Sue Cohen raised its position in Atmos Energy Corporation by 0.5% in the second quarter. Ronna Sue Cohen now owns 7,515 shares of the utilities provider’s stock valued at $623,000 after buying an additional 40 shares during the period. 71.04% of the stock is owned by hedge funds and other institutional investors.

Atmos Energy Corporation (ATO) opened at 88.19 on Wednesday. Atmos Energy Corporation has a 52-week low of $68.51 and a 52-week high of $89.00. The firm has a market cap of $9.35 billion, a price-to-earnings ratio of 23.62 and a beta of 0.39. The company has a 50-day moving average of $86.43 and a 200 day moving average of $82.08.

Atmos Energy Corporation (NYSE:ATO) last announced its earnings results on Wednesday, August 2nd. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.01. The company had revenue of $526.50 million for the quarter, compared to the consensus estimate of $596.52 million. During the same quarter in the previous year, the firm earned $0.64 earnings per share. On average, equities research analysts anticipate that Atmos Energy Corporation will post $3.61 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 5th. Shareholders of record on Monday, August 21st will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a $1.80 annualized dividend and a yield of 2.04%. Atmos Energy Corporation’s payout ratio is presently 48.13%.

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Several research analysts recently issued reports on the stock. Barclays PLC set a $75.00 price target on shares of Atmos Energy Corporation and gave the stock a “sell” rating in a research report on Saturday, May 6th. BidaskClub raised shares of Atmos Energy Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. Zacks Investment Research raised shares of Atmos Energy Corporation from a “hold” rating to a “buy” rating and set a $94.00 price target for the company in a research report on Tuesday, June 13th. Finally, Argus increased their price target on shares of Atmos Energy Corporation from $89.00 to $92.00 and gave the stock a “buy” rating in a research report on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $87.67.

In related news, Director Richard A. Sampson bought 1,500 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was acquired at an average cost of $88.12 per share, for a total transaction of $132,180.00. Following the completion of the transaction, the director now directly owns 3,000 shares in the company, valued at approximately $264,360. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.57% of the company’s stock.

Atmos Energy Corporation Company Profile

Atmos Energy Corporation is engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. The Company operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes the pipeline and storage operations of its Atmos Pipeline-Texas Division, and nonregulated segment, which includes its nonregulated natural gas management, nonregulated natural gas transmission, storage and other services.

Institutional Ownership by Quarter for Atmos Energy Corporation (NYSE:ATO)

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