Ilmarinen Mutual Pension Insurance Co Invests $3.86 Million in Atmos Energy Corporation $ATO

Ilmarinen Mutual Pension Insurance Co purchased a new position in Atmos Energy Corporation (NYSE:ATO) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 23,000 shares of the utilities provider’s stock, valued at approximately $3,855,000.

Other institutional investors also recently made changes to their positions in the company. Garner Asset Management Corp acquired a new stake in shares of Atmos Energy in the 4th quarter worth approximately $25,000. Kingdom Financial Group LLC. acquired a new stake in shares of Atmos Energy in the fourth quarter valued at $26,000. JFS Wealth Advisors LLC lifted its holdings in shares of Atmos Energy by 85.9% in the fourth quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock valued at $26,000 after buying an additional 73 shares during the period. Princeton Global Asset Management LLC lifted its holdings in shares of Atmos Energy by 270.2% in the fourth quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock valued at $29,000 after buying an additional 127 shares during the period. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of Atmos Energy by 105.4% in the third quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock valued at $33,000 after buying an additional 98 shares during the period. 90.17% of the stock is owned by institutional investors and hedge funds.

Atmos Energy Trading Down 2.4%

Shares of NYSE ATO opened at $168.96 on Friday. Atmos Energy Corporation has a 12 month low of $149.98 and a 12 month high of $192.51. The company has a market cap of $28.20 billion, a price-to-earnings ratio of 20.76, a P/E/G ratio of 3.00 and a beta of 0.65. 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 business has a fifty day simple moving average of $183.33 and a 200-day simple moving average of $177.18.

Atmos Energy (NYSE:ATO) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, beating 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 return on equity of 9.59% and a net margin of 27.58%.During the same period in the prior year, the business posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Sell-side analysts predict that Atmos Energy Corporation will post 8.44 EPS for the current year.

Atmos Energy Announces Dividend

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

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Barclays upped their price objective on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a report on Wednesday, April 8th. Mizuho cut their price objective on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a report on Friday. Truist Financial cut their target price on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Citigroup increased their target price on shares of Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Morgan Stanley set a $183.00 target price on shares of Atmos Energy in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Atmos Energy currently has a consensus rating of “Hold” and a consensus price target of $181.90.

Atmos Energy Company 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.