JPMorgan Chase & Co. Has $81.85 Million Holdings in Atmos Energy Corporation $ATO

JPMorgan Chase & Co. boosted its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 13.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 479,308 shares of the utilities provider’s stock after purchasing an additional 56,604 shares during the period. JPMorgan Chase & Co.’s holdings in Atmos Energy were worth $81,848,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its stake in Atmos Energy by 1.6% in the second quarter. Geode Capital Management LLC now owns 4,073,886 shares of the utilities provider’s stock worth $625,180,000 after purchasing an additional 63,166 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Atmos Energy by 94.9% in the second quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock valued at $562,851,000 after buying an additional 1,778,653 shares during the last quarter. Invesco Ltd. lifted its position in Atmos Energy by 3.1% during the 2nd quarter. Invesco Ltd. now owns 3,082,338 shares of the utilities provider’s stock worth $475,019,000 after buying an additional 91,254 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Atmos Energy by 2.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,949,497 shares of the utilities provider’s stock worth $332,877,000 after acquiring an additional 50,214 shares during the last quarter. Finally, Norges Bank bought a new stake in Atmos Energy during the 2nd quarter worth about $282,487,000. Institutional investors own 90.17% of the company’s stock.

Insider Transactions at Atmos Energy

In other Atmos Energy news, Director Sean Donohue sold 450 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $171.15, for a total value of $77,017.50. Following the completion of the sale, the director owned 877 shares of the company’s stock, valued at approximately $150,098.55. This represents a 33.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ATO shares. Mizuho boosted their target price on shares of Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a research report on Monday, December 29th. Wall Street Zen lowered Atmos Energy from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. UBS Group lifted their target price on Atmos Energy from $159.00 to $174.00 and gave the company a “neutral” rating in a research note on Wednesday, December 17th. Finally, Zacks Research raised Atmos Energy to a “hold” rating in a research note on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $175.67.

Atmos Energy Stock Up 0.3%

Shares of Atmos Energy stock opened at $181.54 on Tuesday. The business has a fifty day simple moving average of $170.34 and a 200 day simple moving average of $170.46. The stock has a market cap of $30.03 billion, a PE ratio of 23.58, a price-to-earnings-growth ratio of 3.15 and a beta of 0.75. The company has a quick ratio of 1.02, a current ratio of 1.13 and a debt-to-equity ratio of 0.67. Atmos Energy Corporation has a 12 month low of $141.59 and a 12 month high of $182.69.

Atmos Energy (NYSE:ATO) last released its earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.41 by $0.03. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the prior year, the firm posted $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Research analysts predict that Atmos Energy Corporation will post 7.18 EPS for the current year.

Atmos Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, February 23rd will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $4.00 annualized dividend and a yield of 2.2%. Atmos Energy’s dividend payout ratio (DPR) is presently 51.95%.

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.