Kepler Cheuvreux Suisse SA Sells 44,808 Shares of Atmos Energy Corporation $ATO

Kepler Cheuvreux Suisse SA decreased its holdings in Atmos Energy Corporation (NYSE:ATO) by 41.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,677 shares of the utilities provider’s stock after selling 44,808 shares during the period. Kepler Cheuvreux Suisse SA’s holdings in Atmos Energy were worth $10,507,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in ATO. Bank of America Corp DE boosted its stake 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 worth $562,851,000 after acquiring an additional 1,778,653 shares during the period. PFA Pension Forsikringsaktieselskab bought a new position in shares of Atmos Energy in the fourth quarter worth about $107,729,000. Capital International Investors boosted its stake in shares of Atmos Energy by 3.4% in the third quarter. Capital International Investors now owns 10,965,840 shares of the utilities provider’s stock worth $1,872,162,000 after acquiring an additional 359,780 shares during the period. State Street Corp boosted its stake in shares of Atmos Energy by 3.5% in the third quarter. State Street Corp now owns 10,630,522 shares of the utilities provider’s stock worth $1,815,162,000 after acquiring an additional 356,942 shares during the period. Finally, Danske Bank A S bought a new position in shares of Atmos Energy in the third quarter worth about $57,763,000. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Price Performance

Shares of Atmos Energy stock opened at $180.96 on Monday. Atmos Energy Corporation has a 12 month low of $149.98 and a 12 month high of $192.51. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. The stock has a 50 day moving average of $185.86 and a 200 day moving average of $176.87. The firm has a market cap of $30.21 billion, a PE ratio of 22.23, a PEG ratio of 3.19 and a beta of 0.65.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.37 by $0.10. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the prior year, the business posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, research analysts expect that Atmos Energy Corporation will post 8.3 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th will be given a dividend of $1.00 per share. The ex-dividend date is Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. Atmos Energy’s dividend payout ratio is 49.14%.

Analyst Ratings Changes

ATO has been the subject of a number of recent analyst reports. Wall Street Zen raised Atmos Energy from a “sell” rating to a “hold” rating in a research note on Sunday. Barclays increased their price target on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Weiss Ratings lowered Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday. Morgan Stanley dropped their price target on Atmos Energy from $197.00 to $195.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Finally, Truist Financial assumed coverage on Atmos Energy in a research note on Tuesday, April 21st. They set a “hold” rating and a $195.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $182.11.

Atmos Energy Company 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.