Yousif Capital Management LLC cut its stake in shares of Atmos Energy Corporation (NYSE:ATO – Free Report) by 6.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,628 shares of the utilities provider’s stock after selling 4,701 shares during the quarter. Yousif Capital Management LLC’s holdings in Atmos Energy were worth $11,362,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Capital International Investors lifted its holdings in shares of Atmos Energy by 3.4% during the third quarter. Capital International Investors now owns 10,965,840 shares of the utilities provider’s stock valued at $1,872,162,000 after acquiring an additional 359,780 shares during the period. State Street Corp lifted its holdings 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 valued at $1,815,162,000 after acquiring an additional 356,942 shares during the period. Bank of America Corp DE lifted its holdings 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 valued at $638,102,000 after acquiring an additional 84,786 shares during the period. Invesco Ltd. lifted its holdings in shares of Atmos Energy by 0.6% during the third quarter. Invesco Ltd. now owns 3,099,360 shares of the utilities provider’s stock valued at $529,216,000 after acquiring an additional 17,022 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its holdings 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 period. 90.17% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on ATO shares. Citigroup lifted their price objective on Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Wall Street Zen raised Atmos Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Morgan Stanley set a $192.00 price target on Atmos Energy in a report on Friday, February 20th. UBS Group lifted their price target on Atmos Energy from $159.00 to $174.00 and gave the company a “neutral” rating in a report on Wednesday, December 17th. Finally, Barclays lifted their price target on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Atmos Energy currently has an average rating of “Hold” and an average price target of $177.56.
Atmos Energy Stock Performance
Atmos Energy stock opened at $189.87 on Thursday. The stock has a market capitalization of $31.41 billion, a price-to-earnings ratio of 24.66, a P/E/G ratio of 3.27 and a beta of 0.69. Atmos Energy Corporation has a 12-month low of $142.54 and a 12-month high of $190.13. 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 stock has a 50-day simple moving average of $181.39 and a 200 day simple moving average of $174.89.
Atmos Energy (NYSE:ATO – Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.03. The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations 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 previous year, the business posted $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. On average, research analysts anticipate that Atmos Energy Corporation will post 7.18 earnings per share for the current fiscal year.
Atmos Energy Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, February 23rd were issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Monday, February 23rd. Atmos Energy’s payout ratio is currently 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.
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