Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Decreases Stake in Atmos Energy Corporation $ATO

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group lowered its position in Atmos Energy Corporation (NYSE:ATO) by 34.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,182 shares of the utilities provider’s stock after selling 2,713 shares during the period. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in Atmos Energy were worth $799,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC lifted its stake in shares of Atmos Energy by 28.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 2,158 shares of the utilities provider’s stock worth $334,000 after purchasing an additional 482 shares during the period. Truist Financial Corp increased its stake in Atmos Energy by 2.9% during the second quarter. Truist Financial Corp now owns 34,705 shares of the utilities provider’s stock worth $5,348,000 after acquiring an additional 981 shares during the last quarter. Blair William & Co. IL raised its holdings in shares of Atmos Energy by 8.4% in the 2nd quarter. Blair William & Co. IL now owns 1,970 shares of the utilities provider’s stock worth $304,000 after purchasing an additional 152 shares during the period. Private Trust Co. NA lifted its stake in shares of Atmos Energy by 26.0% in the 1st quarter. Private Trust Co. NA now owns 378 shares of the utilities provider’s stock valued at $58,000 after purchasing an additional 78 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Atmos Energy by 20.6% during the 1st quarter. LPL Financial LLC now owns 109,772 shares of the utilities provider’s stock worth $16,969,000 after purchasing an additional 18,753 shares during the period. 90.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on ATO shares. Weiss Ratings reissued a “buy (b+)” rating on shares of Atmos Energy in a research report on Friday. LADENBURG THALM/SH SH restated a “neutral” rating and issued a $163.00 target price (down previously from $171.00) on shares of Atmos Energy in a research report on Friday, August 8th. TD Cowen raised Atmos Energy to a “hold” rating in a research report on Wednesday, October 15th. Cowen started coverage on Atmos Energy in a research report on Wednesday, October 15th. They set a “hold” rating for the company. Finally, Barclays set a $175.00 price objective on shares of Atmos Energy in a research note on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Atmos Energy currently has an average rating of “Hold” and a consensus price target of $170.44.

Atmos Energy Stock Performance

Atmos Energy stock opened at $176.00 on Monday. The firm has a 50-day moving average of $169.10 and a 200-day moving average of $160.82. The firm has a market cap of $28.25 billion, a P/E ratio of 24.18, a P/E/G ratio of 2.97 and a beta of 0.74. The company has a current ratio of 1.37, a quick ratio of 1.25 and a debt-to-equity ratio of 0.67. Atmos Energy Corporation has a 1-year low of $136.05 and a 1-year high of $179.70.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings results on Wednesday, August 6th. The utilities provider reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.17 by ($0.01). Atmos Energy had a net margin of 25.05% and a return on equity of 9.00%. The firm had revenue of $838.77 million for the quarter, compared to the consensus estimate of $848.97 million. During the same period last year, the business earned $1.08 EPS. Sell-side analysts expect that Atmos Energy Corporation will post 7.18 EPS for the current year.

Atmos Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 8th. Stockholders of record on Monday, August 25th were paid a $0.87 dividend. The ex-dividend date of this dividend was Monday, August 25th. This represents a $3.48 annualized dividend and a dividend yield of 2.0%. Atmos Energy’s dividend payout ratio (DPR) is 47.80%.

About Atmos Energy

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states.