Waterloo Capital L.P. Increases Stake in Atmos Energy Corporation $ATO

Waterloo Capital L.P. boosted its stake in shares of Atmos Energy Corporation (NYSE:ATO) by 17.7% in the 4th quarter, Holdings Channel reports. The fund owned 28,752 shares of the utilities provider’s stock after buying an additional 4,330 shares during the period. Waterloo Capital L.P.’s holdings in Atmos Energy were worth $4,820,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Checchi Capital Advisers LLC increased its position in shares of Atmos Energy by 3.9% in the fourth quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock valued at $265,000 after buying an additional 60 shares in the last quarter. MGO One Seven LLC increased its position in shares of Atmos Energy by 4.3% in the fourth quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock valued at $254,000 after buying an additional 62 shares in the last quarter. Horizon Investments LLC increased its position in shares of Atmos Energy by 1.2% in the fourth quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock valued at $912,000 after buying an additional 67 shares in the last quarter. PAX Financial Group LLC increased its position in shares of Atmos Energy by 2.3% in the third quarter. PAX Financial Group LLC now owns 3,178 shares of the utilities provider’s stock valued at $543,000 after buying an additional 70 shares in the last quarter. Finally, Buckhead Capital Management LLC increased its position in shares of Atmos Energy by 1.1% in the fourth quarter. Buckhead Capital Management LLC now owns 6,671 shares of the utilities provider’s stock valued at $1,118,000 after buying an additional 71 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Atmos Energy Stock Down 2.4%

Shares of ATO opened at $168.96 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00. Atmos Energy Corporation has a one year low of $149.98 and a one year high of $192.51. The stock has a market capitalization of $28.20 billion, a price-to-earnings ratio of 20.76, a PEG ratio of 2.94 and a beta of 0.65. The stock has a 50 day moving average price of $183.33 and a 200 day moving average price of $177.18.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping the consensus estimate of $3.37 by $0.10. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The firm had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the previous year, the business earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities research analysts forecast that Atmos Energy Corporation will post 8.44 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts have recently commented on ATO shares. Mizuho cut their price objective on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research report on Friday. Morgan Stanley set a $183.00 price objective on Atmos Energy in a research report on Thursday, May 21st. Weiss Ratings cut Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Thursday, May 7th. Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, May 26th. Finally, Truist Financial cut their price objective on Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research report on Monday, May 18th. One research analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $181.90.

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.