Atmos Energy Corporation $ATO Position Decreased by Little House Capital LLC

Little House Capital LLC lowered its holdings in Atmos Energy Corporation (NYSE:ATOFree Report) by 31.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,658 shares of the utilities provider’s stock after selling 3,094 shares during the period. Little House Capital LLC’s holdings in Atmos Energy were worth $1,230,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in ATO. SEB Asset Management AB acquired a new stake in Atmos Energy during the first quarter valued at approximately $14,398,000. Swiss National Bank grew its position in Atmos Energy by 7.9% in the first quarter. Swiss National Bank now owns 474,700 shares of the utilities provider’s stock worth $87,687,000 after buying an additional 34,800 shares during the last quarter. FSA Advisors Inc. acquired a new position in Atmos Energy in the first quarter worth approximately $202,000. Kera Capital Partners Inc. increased its holdings in shares of Atmos Energy by 18.3% in the first quarter. Kera Capital Partners Inc. now owns 1,890 shares of the utilities provider’s stock valued at $349,000 after buying an additional 292 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in shares of Atmos Energy by 2.6% in the first quarter. Assetmark Inc. now owns 89,289 shares of the utilities provider’s stock valued at $16,493,000 after buying an additional 2,278 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ATO. Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. TD Cowen boosted their target price on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Wall Street Zen downgraded Atmos Energy from a “hold” rating to a “sell” rating in a report on Saturday. Mizuho decreased their price target on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. increased their price target on Atmos Energy from $196.00 to $198.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Four research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Atmos Energy currently has a consensus rating of “Hold” and a consensus target price of $186.42.

View Our Latest Stock Analysis on ATO

Atmos Energy Stock Down 0.3%

Shares of NYSE:ATO opened at $177.57 on Friday. The firm has a 50 day simple moving average of $174.02 and a 200 day simple moving average of $177.35. Atmos Energy Corporation has a 52 week low of $154.23 and a 52 week high of $192.51. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00. The company has a market cap of $29.64 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 3.08 and a beta of 0.60.

Atmos Energy (NYSE:ATOGet Free Report) last posted 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 firm had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the previous year, the company posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, research analysts expect that Atmos Energy Corporation will post 8.45 earnings per share for the current year.

Atmos Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were issued a dividend of $1.00 per share. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. Atmos Energy’s payout ratio is currently 49.14%.

About Atmos Energy

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Atmos Energy (NYSE:ATO)

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