Atmos Energy Corporation $ATO Shares Acquired by Magellan Asset Management Ltd

Magellan Asset Management Ltd boosted its position in shares of Atmos Energy Corporation (NYSE:ATO) by 6.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,554 shares of the utilities provider’s stock after purchasing an additional 7,991 shares during the period. Magellan Asset Management Ltd owned approximately 0.08% of Atmos Energy worth $23,226,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Checchi Capital Advisers LLC grew its holdings in Atmos Energy by 3.9% during the 4th quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock valued at $265,000 after purchasing an additional 60 shares in the last quarter. MGO One Seven LLC grew its holdings in Atmos Energy by 4.3% during the 4th quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock valued at $254,000 after purchasing an additional 62 shares in the last quarter. Horizon Investments LLC grew its holdings in Atmos Energy by 1.2% during the 4th quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock valued at $912,000 after purchasing an additional 67 shares in the last quarter. Buckhead Capital Management LLC grew its holdings in Atmos Energy by 1.1% during the 4th quarter. Buckhead Capital Management LLC now owns 6,671 shares of the utilities provider’s stock valued at $1,118,000 after purchasing an additional 71 shares in the last quarter. Finally, Westside Investment Management Inc. grew its holdings in Atmos Energy by 19.4% during the 3rd quarter. Westside Investment Management Inc. now owns 444 shares of the utilities provider’s stock valued at $76,000 after purchasing an additional 72 shares in the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ATO has been the subject of a number of recent analyst reports. Truist Financial lowered their price target on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a report on Monday, May 18th. Wall Street Zen lowered shares of Atmos Energy from a “hold” rating to a “sell” rating in a report on Wednesday. Mizuho decreased their price objective on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a report on Friday, May 29th. Barclays raised their price objective on shares of Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 8th. Finally, Morgan Stanley set a $183.00 price objective on shares of Atmos Energy in a report on Thursday, May 21st. One analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $181.90.

Atmos Energy Price Performance

Shares of ATO stock opened at $167.96 on Friday. The firm has a market cap of $28.04 billion, a P/E ratio of 20.63, a P/E/G ratio of 2.92 and a beta of 0.60. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89. Atmos Energy Corporation has a 1-year low of $149.98 and a 1-year high of $192.51. The firm has a fifty day moving average of $182.22 and a two-hundred day moving average of $176.91.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, topping the consensus estimate of $3.37 by $0.10. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period last year, the business earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, research analysts anticipate that Atmos Energy Corporation will post 8.43 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. Atmos Energy’s dividend payout ratio is 49.14%.

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.