Atmos Energy Corporation $ATO Shares Sold by Cramer Rosenthal Mcglynn LLC

Cramer Rosenthal Mcglynn LLC lessened its holdings in Atmos Energy Corporation (NYSE:ATO) by 2.1% during the 3rd quarter, Holdings Channel reports. The firm owned 151,365 shares of the utilities provider’s stock after selling 3,223 shares during the quarter. Atmos Energy comprises 1.6% of Cramer Rosenthal Mcglynn LLC’s investment portfolio, making the stock its 23rd biggest holding. Cramer Rosenthal Mcglynn LLC’s holdings in Atmos Energy were worth $25,846,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Geode Capital Management LLC lifted its stake in Atmos Energy by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 4,073,886 shares of the utilities provider’s stock valued at $625,180,000 after buying an additional 63,166 shares in the last quarter. Bank of America Corp DE increased its position in Atmos Energy by 94.9% during the second quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock worth $562,851,000 after buying an additional 1,778,653 shares in the last quarter. Invesco Ltd. lifted its position in shares of Atmos Energy by 3.1% in the second quarter. Invesco Ltd. now owns 3,082,338 shares of the utilities provider’s stock valued at $475,019,000 after acquiring an additional 91,254 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Atmos Energy by 2.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,949,497 shares of the utilities provider’s stock valued at $332,877,000 after acquiring an additional 50,214 shares during the last quarter. Finally, Norges Bank purchased a new stake in Atmos Energy during the 2nd quarter worth about $282,487,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on ATO. Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a report on Monday, December 29th. Barclays raised their target price on shares of Atmos Energy from $165.00 to $167.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 27th. Morgan Stanley set a $192.00 price objective on Atmos Energy in a report on Friday, February 20th. UBS Group increased their target price on Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 17th. Finally, Mizuho upped their price objective on shares of Atmos Energy from $170.00 to $180.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Atmos Energy has an average rating of “Hold” and a consensus target price of $175.67.

Atmos Energy Price Performance

Atmos Energy stock opened at $185.80 on Friday. The firm has a fifty day moving average of $173.03 and a 200-day moving average of $171.47. Atmos Energy Corporation has a 52-week low of $141.59 and a 52-week high of $187.98. The company has a quick ratio of 1.02, a current ratio of 1.13 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $30.74 billion, a P/E ratio of 24.13, a PEG ratio of 3.23 and a beta of 0.74.

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

Atmos Energy Dividend Announcement

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

Atmos Energy 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.