Atmos Energy Corporation $ATO Position Lessened by Little House Capital LLC

Little House Capital LLC lowered its stake in shares of Atmos Energy Corporation (NYSE:ATOFree Report) by 31.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,658 shares of the utilities provider’s stock after selling 3,094 shares during the quarter. Little House Capital LLC’s holdings in Atmos Energy were worth $1,230,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. SEB Asset Management AB acquired a new position in shares of Atmos Energy during the first quarter valued at $14,398,000. Swiss National Bank increased its holdings in shares of Atmos Energy by 7.9% in the 1st quarter. Swiss National Bank now owns 474,700 shares of the utilities provider’s stock worth $87,687,000 after acquiring an additional 34,800 shares during the period. FSA Advisors Inc. acquired a new stake in shares of Atmos Energy in the 1st quarter worth about $202,000. Kera Capital Partners Inc. increased its holdings in shares of Atmos Energy by 18.3% in the 1st quarter. Kera Capital Partners Inc. now owns 1,890 shares of the utilities provider’s stock worth $349,000 after acquiring an additional 292 shares during the period. Finally, Assetmark Inc. lifted its position in Atmos Energy by 2.6% in the 1st quarter. Assetmark Inc. now owns 89,289 shares of the utilities provider’s stock valued at $16,493,000 after purchasing an additional 2,278 shares during the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have commented on ATO shares. TD Cowen upped their target price on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Truist Financial lifted their price target on Atmos Energy from $187.00 to $188.00 and gave the company a “hold” rating in a report on Friday. Weiss Ratings cut Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. Wall Street Zen downgraded Atmos Energy from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, JPMorgan Chase & Co. increased their price objective on Atmos Energy from $196.00 to $198.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Four investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, Atmos Energy has a consensus rating of “Hold” and an average price target of $186.42.

Check Out Our Latest Analysis on Atmos Energy

Atmos Energy Stock Down 0.3%

Atmos Energy stock opened at $177.57 on Friday. Atmos Energy Corporation has a 52 week low of $154.23 and a 52 week high of $192.51. The stock has a market cap of $29.64 billion, a price-to-earnings ratio of 21.81, a PEG ratio of 3.08 and a beta of 0.60. The company’s 50-day moving average price is $174.02 and its two-hundred day moving average price is $177.35. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65.

Atmos Energy (NYSE:ATOGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same period in the prior year, the business posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, analysts expect that Atmos Energy Corporation will post 8.45 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were issued a $1.00 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Atmos Energy’s dividend payout ratio is 49.14%.

Atmos Energy Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Atmos Energy (NYSE:ATO)

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