Swiss National Bank decreased its position in Atmos Energy Corporation (NYSE:ATO – Free Report) by 4.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 457,900 shares of the utilities provider’s stock after selling 22,500 shares during the quarter. Swiss National Bank owned about 0.29% of Atmos Energy worth $78,186,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new stake in Atmos Energy in the third quarter valued at approximately $25,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Atmos Energy during the 3rd quarter valued at $29,000. SBI Securities Co. Ltd. raised its holdings in shares of Atmos Energy by 105.4% during the 3rd quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 98 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new stake in shares of Atmos Energy in the 3rd quarter valued at $33,000. Finally, Caitlin John LLC acquired a new stake in shares of Atmos Energy in the 3rd quarter valued at $40,000. Institutional investors and hedge funds own 90.17% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have commented on ATO. Weiss Ratings reissued a “buy (b)” rating on shares of Atmos Energy in a research report on Monday, December 29th. Zacks Research raised Atmos Energy to a “hold” rating in a research report on Tuesday, November 18th. Barclays upped their price target on Atmos Energy from $165.00 to $167.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 27th. UBS Group raised their price objective on Atmos Energy from $159.00 to $174.00 and gave the company a “neutral” rating in a research note on Wednesday, December 17th. Finally, Morgan Stanley set a $192.00 target price on Atmos Energy in a report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Atmos Energy presently has a consensus rating of “Hold” and a consensus price target of $175.67.
Atmos Energy Stock Up 0.5%
Atmos Energy stock opened at $184.41 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 1.02. Atmos Energy Corporation has a fifty-two week low of $141.59 and a fifty-two week high of $187.98. The firm has a fifty day moving average price of $174.33 and a two-hundred day moving average price of $172.02. The firm has a market cap of $30.51 billion, a price-to-earnings ratio of 23.95, a P/E/G ratio of 3.17 and a beta of 0.74.
Atmos Energy (NYSE:ATO – Get Free Report) last posted 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. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter in the previous year, the firm earned $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, analysts forecast that Atmos Energy Corporation will post 7.18 earnings per share for the current year.
Atmos Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, February 23rd were issued a dividend of $1.00 per share. The ex-dividend date was Monday, February 23rd. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.2%. Atmos Energy’s payout ratio is 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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