Atmos Energy Corporation $ATO Stock Holdings Lessened by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC reduced its holdings in Atmos Energy Corporation (NYSE:ATO) by 26.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 22,301 shares of the utilities provider’s stock after selling 8,059 shares during the period. Commonwealth Equity Services LLC’s holdings in Atmos Energy were worth $3,738,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of Atmos Energy by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 21,032,554 shares of the utilities provider’s stock worth $3,525,687,000 after buying an additional 276,485 shares during the last quarter. Capital International Investors lifted its position in shares of Atmos Energy by 8.5% in the 4th quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider’s stock worth $1,993,968,000 after buying an additional 927,986 shares during the last quarter. State Street Corp lifted its position in shares of Atmos Energy by 3.5% in 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 last quarter. Geode Capital Management LLC lifted its position in shares of Atmos Energy by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 4,214,985 shares of the utilities provider’s stock worth $703,824,000 after buying an additional 78,438 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Atmos Energy by 2.3% in 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 last quarter. 90.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Citigroup lifted their price objective on shares of 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 cut their price objective on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. TD Cowen lifted their price objective on shares of Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research report on Friday, May 15th. Wall Street Zen downgraded shares of Atmos Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, June 3rd. Finally, Barclays lifted their price objective on shares of 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 issued a Hold rating to the company. According to data from MarketBeat.com, Atmos Energy presently has a consensus rating of “Hold” and a consensus price target of $181.90.

Atmos Energy Stock Down 1.4%

Atmos Energy stock opened at $167.82 on Tuesday. The stock has a market cap of $28.01 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 2.96 and a beta of 0.60. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. The company’s 50-day moving average price is $181.69 and its two-hundred day moving average price is $176.83. Atmos Energy Corporation has a 52 week low of $149.98 and a 52 week high of $192.51.

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, topping the consensus estimate of $3.37 by $0.10. The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations 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 previous year, the company posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, analysts expect that Atmos Energy Corporation will post 8.43 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were paid a $1.00 dividend. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. Atmos Energy’s payout ratio is currently 49.14%.

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.