Canada Pension Plan Investment Board grew its position in shares of Atmos Energy Corporation (NYSE:ATO) by 11.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,500 shares of the utilities provider’s stock after buying an additional 2,400 shares during the quarter. Canada Pension Plan Investment Board’s holdings in Atmos Energy Corporation were worth $1,886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Atmos Energy Corporation by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 10,274,797 shares of the utilities provider’s stock valued at $852,294,000 after buying an additional 150,691 shares during the period. BlackRock Inc. lifted its holdings in shares of Atmos Energy Corporation by 2.7% during the 2nd quarter. BlackRock Inc. now owns 9,636,125 shares of the utilities provider’s stock valued at $799,314,000 after buying an additional 255,277 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Atmos Energy Corporation by 1.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,376,644 shares of the utilities provider’s stock valued at $114,193,000 after buying an additional 23,431 shares during the period. Cramer Rosenthal Mcglynn LLC lifted its holdings in shares of Atmos Energy Corporation by 22.3% during the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 1,128,125 shares of the utilities provider’s stock valued at $93,578,000 after buying an additional 205,735 shares during the period. Finally, Sfmg LLC lifted its holdings in shares of Atmos Energy Corporation by 1.5% during the 2nd quarter. Sfmg LLC now owns 1,078,193 shares of the utilities provider’s stock valued at $89,436,000 after buying an additional 15,547 shares during the period. 69.55% of the stock is currently owned by hedge funds and other institutional investors.

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Several research firms have recently weighed in on ATO. BidaskClub raised Atmos Energy Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, July 25th. J P Morgan Chase & Co increased their price target on Atmos Energy Corporation from $91.00 to $94.00 and gave the company an “overweight” rating in a report on Thursday, October 12th. Zacks Investment Research cut Atmos Energy Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and set a $77.00 price target (up from $67.00) on shares of Atmos Energy Corporation in a report on Friday, September 1st. Finally, Argus upped their price objective on Atmos Energy Corporation from $92.00 to $97.00 and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $86.80.

Shares of Atmos Energy Corporation (NYSE:ATO) opened at $89.33 on Friday. The company has a quick ratio of 0.35, a current ratio of 0.53 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $9,479.07, a price-to-earnings ratio of 24.34, a PEG ratio of 3.58 and a beta of 0.38. Atmos Energy Corporation has a 12 month low of $69.57 and a 12 month high of $91.00.

Atmos Energy Corporation (NYSE:ATO) last posted its quarterly earnings data on Wednesday, November 8th. The utilities provider reported $0.34 EPS for the quarter, hitting the consensus estimate of $0.34. During the same period in the previous year, the business earned $0.40 earnings per share. research analysts anticipate that Atmos Energy Corporation will post 3.61 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 27th will be paid a $0.485 dividend. This represents a $1.94 annualized dividend and a dividend yield of 2.17%. This is a positive change from Atmos Energy Corporation’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Friday, November 24th. Atmos Energy Corporation’s dividend payout ratio is 48.13%.

About Atmos Energy Corporation

Atmos Energy Corporation is a fully-regulated, natural-gas-only distributor engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. It operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes 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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