Fideuram Intesa Sanpaolo Private Banking S.P.A. Purchases New Stake in Atmos Energy Corporation $ATO

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Atmos Energy Corporation (NYSE:ATO) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 3,341 shares of the utilities provider’s stock, valued at approximately $560,000.

Several other institutional investors and hedge funds have also made changes to their positions in ATO. Brighton Jones LLC acquired a new stake in shares of Atmos Energy during the 4th quarter valued at approximately $233,000. Integrated Wealth Concepts LLC grew its stake in Atmos Energy by 10.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock worth $490,000 after buying an additional 308 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Atmos Energy by 8.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock worth $2,676,000 after buying an additional 1,331 shares during the last quarter. Empowered Funds LLC grew its stake in Atmos Energy by 8.5% during the 1st quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock worth $482,000 after buying an additional 245 shares during the last quarter. Finally, Woodline Partners LP grew its stake in Atmos Energy by 43.9% during the 1st quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock worth $2,073,000 after buying an additional 4,088 shares during the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on ATO. Wall Street Zen downgraded Atmos Energy from a “hold” rating to a “sell” rating in a research note on Monday, May 18th. Citigroup upped their price objective on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Barclays upped their price objective on Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. Morgan Stanley set a $183.00 price objective on Atmos Energy in a research note on Thursday. Finally, Weiss Ratings downgraded Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $181.50.

Atmos Energy Price Performance

Shares of NYSE ATO opened at $177.79 on Friday. Atmos Energy Corporation has a fifty-two week low of $149.98 and a fifty-two week high of $192.51. The firm’s 50-day simple moving average is $184.55 and its 200 day simple moving average is $177.16. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. The stock has a market cap of $29.68 billion, a P/E ratio of 21.84, a P/E/G ratio of 3.09 and a beta of 0.65.

Atmos Energy (NYSE:ATO) 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. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same quarter in the prior year, the company posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities analysts expect that Atmos Energy Corporation will post 8.44 EPS for the current year.

Atmos Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Tuesday, May 26th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $4.00 annualized dividend and a yield of 2.2%. Atmos Energy’s dividend payout ratio is presently 49.14%.

Atmos Energy 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.