Intech Investment Management LLC Raises Stock Holdings in Atmos Energy Corporation $ATO

Intech Investment Management LLC boosted its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 12.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 29,690 shares of the utilities provider’s stock after purchasing an additional 3,232 shares during the period. Intech Investment Management LLC’s holdings in Atmos Energy were worth $4,977,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Checchi Capital Advisers LLC boosted its position in Atmos Energy by 3.9% during the fourth quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock worth $265,000 after purchasing an additional 60 shares in the last quarter. MGO One Seven LLC boosted its position in Atmos Energy by 4.3% during the fourth quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock worth $254,000 after purchasing an additional 62 shares in the last quarter. Horizon Investments LLC boosted its position in Atmos Energy by 1.2% during the fourth quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock worth $912,000 after purchasing an additional 67 shares in the last quarter. PAX Financial Group LLC boosted its position in Atmos Energy by 2.3% during the third quarter. PAX Financial Group LLC now owns 3,178 shares of the utilities provider’s stock worth $543,000 after purchasing an additional 70 shares in the last quarter. Finally, Buckhead Capital Management LLC boosted its position in Atmos Energy by 1.1% during the fourth quarter. Buckhead Capital Management LLC now owns 6,671 shares of the utilities provider’s stock worth $1,118,000 after purchasing an additional 71 shares in the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Atmos Energy Stock Performance

NYSE ATO opened at $168.96 on Monday. Atmos Energy Corporation has a 1-year low of $149.98 and a 1-year high of $192.51. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89. The company has a market cap of $28.20 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 2.94 and a beta of 0.60. The stock’s 50 day simple moving average is $183.33 and its 200-day simple moving average is $177.17.

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

Atmos Energy Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Mizuho lowered their price target on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research report on Friday. TD Cowen raised their target price on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research report on Friday, May 15th. Truist Financial decreased their target price on Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. Weiss Ratings downgraded Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Thursday, May 7th. Finally, Barclays raised 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. One equities research analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $181.90.

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.