Capital International Investors Boosts Position in Atmos Energy Corporation $ATO

Capital International Investors grew its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 8.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 11,893,826 shares of the utilities provider’s stock after acquiring an additional 927,986 shares during the quarter. Capital International Investors owned about 0.07% of Atmos Energy worth $1,993,968,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Garner Asset Management Corp purchased a new position in shares of Atmos Energy during the fourth quarter valued at approximately $25,000. JFS Wealth Advisors LLC increased its stake in shares of Atmos Energy by 85.9% during 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. Kingdom Financial Group LLC. purchased a new position in shares of Atmos Energy during the fourth quarter valued at approximately $26,000. Princeton Global Asset Management LLC increased its stake in shares of Atmos Energy by 270.2% during 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, Elevated Capital Advisors LLC purchased a new position in shares of Atmos Energy during the fourth quarter valued at approximately $32,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ATO has been the topic of several research analyst reports. Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a research note on Wednesday. Mizuho dropped their price target on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research report on Friday, May 29th. Citigroup lifted their price target on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Truist Financial dropped their price target on Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. Finally, Barclays lifted their price target on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Atmos Energy has an average rating of “Hold” and a consensus target price of $181.90.

Atmos Energy Stock Up 1.5%

Shares of NYSE:ATO opened at $170.50 on Friday. The stock has a fifty day simple moving average of $182.00 and a two-hundred day simple moving average of $176.87. The stock has a market capitalization of $28.46 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 2.96 and a beta of 0.60. Atmos Energy Corporation has a 12-month low of $149.98 and a 12-month high of $192.51. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.37 by $0.10. The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same quarter in the previous year, the business earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, research analysts anticipate that Atmos Energy Corporation will post 8.43 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.3%. Atmos Energy’s dividend payout ratio (DPR) 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.