Mather Group LLC. Decreases Stake in Atmos Energy Corporation $ATO

Mather Group LLC. lessened its position in shares of Atmos Energy Corporation (NYSE:ATO) by 5.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 83,983 shares of the utilities provider’s stock after selling 4,997 shares during the period. Mather Group LLC.’s holdings in Atmos Energy were worth $14,078,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Capital International Investors raised its holdings in shares of Atmos Energy by 3.4% in the 3rd quarter. Capital International Investors now owns 10,965,840 shares of the utilities provider’s stock valued at $1,872,162,000 after purchasing an additional 359,780 shares in the last quarter. State Street Corp grew its stake in shares of Atmos Energy by 3.5% during the third quarter. State Street Corp now owns 10,630,522 shares of the utilities provider’s stock worth $1,815,162,000 after purchasing an additional 356,942 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Atmos Energy by 2.3% during the third quarter. Bank of America Corp DE now owns 3,737,053 shares of the utilities provider’s stock worth $638,102,000 after purchasing an additional 84,786 shares in the last quarter. Invesco Ltd. increased its holdings in Atmos Energy by 0.6% in the third quarter. Invesco Ltd. now owns 3,099,360 shares of the utilities provider’s stock valued at $529,216,000 after buying an additional 17,022 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in Atmos Energy by 2.6% in 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 buying an additional 50,214 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Atmos Energy Trading Up 0.9%

ATO opened at $183.15 on Friday. 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 52 week low of $141.59 and a 52 week high of $190.13. The business’s 50 day moving average is $177.97 and its two-hundred day moving average is $173.39. The firm has a market cap of $30.30 billion, a price-to-earnings ratio of 23.79, a price-to-earnings-growth ratio of 3.14 and a beta of 0.74.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data 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. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.21 billion. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.During the same period in the prior year, the company earned $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. On average, research analysts predict that Atmos Energy Corporation will post 7.18 EPS for the current year.

Atmos Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, February 23rd were paid a dividend of $1.00 per share. The ex-dividend date was Monday, February 23rd. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. Atmos Energy’s dividend payout ratio is currently 51.95%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ATO shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Atmos Energy in a report on Monday, December 29th. Mizuho raised their target price on Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 2nd. Morgan Stanley set a $192.00 target price on Atmos Energy in a research note on Friday, February 20th. Citigroup upped their price target on Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Finally, UBS Group increased their price target on shares of Atmos Energy from $159.00 to $174.00 and gave the company a “neutral” rating in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Atmos Energy has a consensus rating of “Hold” and an average target price of $175.67.

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.