Yousif Capital Management LLC Sells 4,701 Shares of Atmos Energy Corporation $ATO

Yousif Capital Management LLC reduced its position in shares of Atmos Energy Corporation (NYSE:ATO) by 6.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 67,628 shares of the utilities provider’s stock after selling 4,701 shares during the quarter. Yousif Capital Management LLC’s holdings in Atmos Energy were worth $11,362,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Capital International Investors grew its position in shares of Atmos Energy by 3.4% during the 3rd quarter. Capital International Investors now owns 10,965,840 shares of the utilities provider’s stock worth $1,872,162,000 after buying an additional 359,780 shares during the period. State Street Corp grew its position in shares of Atmos Energy by 3.5% during the 3rd quarter. State Street Corp now owns 10,630,522 shares of the utilities provider’s stock worth $1,815,162,000 after buying an additional 356,942 shares during the period. Bank of America Corp DE grew its position in shares of Atmos Energy by 2.3% during the 3rd quarter. Bank of America Corp DE now owns 3,737,053 shares of the utilities provider’s stock worth $638,102,000 after buying an additional 84,786 shares during the period. Invesco Ltd. grew its position in shares of Atmos Energy by 0.6% during the 3rd quarter. Invesco Ltd. now owns 3,099,360 shares of the utilities provider’s stock worth $529,216,000 after buying an additional 17,022 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its position in shares of Atmos Energy by 2.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,949,497 shares of the utilities provider’s stock worth $332,877,000 after buying an additional 50,214 shares during the period. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Atmos Energy Price Performance

Shares of ATO opened at $189.87 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.02 and a current ratio of 1.13. The stock has a 50 day simple moving average of $181.39 and a 200 day simple moving average of $174.89. Atmos Energy Corporation has a 52-week low of $142.54 and a 52-week high of $190.13. The firm has a market capitalization of $31.41 billion, a PE ratio of 24.66, a P/E/G ratio of 3.27 and a beta of 0.69.

Atmos Energy (NYSE:ATO) last released its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.41 by $0.03. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the firm posted $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Sell-side analysts predict that Atmos Energy Corporation will post 7.18 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, February 23rd were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $4.00 dividend on an annualized basis and a yield of 2.1%. Atmos Energy’s dividend payout ratio is 51.95%.

Analysts Set New Price Targets

Several research firms have recently issued reports on ATO. UBS Group boosted their target price on Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 17th. Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a research report on Monday, December 29th. Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Barclays boosted their price objective on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Morgan Stanley set a $192.00 price objective on Atmos Energy in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Atmos Energy currently has a consensus rating of “Hold” and an average price target of $177.56.

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.