Kestra Private Wealth Services LLC Boosts Stake in Atmos Energy Corporation $ATO

Kestra Private Wealth Services LLC raised its holdings in Atmos Energy Corporation (NYSE:ATO) by 35.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 24,689 shares of the utilities provider’s stock after purchasing an additional 6,491 shares during the period. Kestra Private Wealth Services LLC’s holdings in Atmos Energy were worth $4,139,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ATO. Brighton Jones LLC purchased a new stake in Atmos Energy in the fourth quarter valued at $233,000. Integrated Wealth Concepts LLC raised its position in Atmos Energy by 10.8% in the first quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock valued at $490,000 after purchasing an additional 308 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Atmos Energy by 8.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock valued at $2,676,000 after purchasing an additional 1,331 shares during the period. Empowered Funds LLC raised its position in Atmos Energy by 8.5% in the first quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock valued at $482,000 after purchasing an additional 245 shares during the period. Finally, Woodline Partners LP raised its position in Atmos Energy by 43.9% in the first quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock valued at $2,073,000 after purchasing an additional 4,088 shares during the period. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

ATO has been the topic of a number of research analyst reports. Barclays lifted their target price on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 8th. Truist Financial started coverage on Atmos Energy in a research note on Tuesday, April 21st. They issued a “hold” rating and a $195.00 price objective for the company. Citigroup lifted their price objective on Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Morgan Stanley dropped their price objective 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, Wall Street Zen raised Atmos Energy from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Two research analysts have rated the stock with a Strong Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, Atmos Energy currently has an average rating of “Hold” and an average target price of $181.11.

Atmos Energy Trading Up 0.8%

ATO opened at $187.13 on Wednesday. Atmos Energy Corporation has a 12 month low of $149.98 and a 12 month high of $192.51. The stock has a market capitalization of $30.96 billion, a price-to-earnings ratio of 24.30, a PEG ratio of 3.19 and a beta of 0.69. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 1.02. The business has a fifty day moving average price of $185.31 and a 200 day moving average price of $176.56.

Atmos Energy (NYSE:ATO) last released its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.41 by $0.03. The business 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 prior year, the firm posted $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Sell-side analysts expect that Atmos Energy Corporation will post 8.29 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, February 23rd were given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, February 23rd. Atmos Energy’s dividend payout ratio is currently 51.95%.

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.