LRT Capital Management LLC acquired a new position in Atmos Energy Corporation (NYSE:ATO – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 13,197 shares of the utilities provider’s stock, valued at approximately $2,212,000. Atmos Energy comprises approximately 1.9% of LRT Capital Management LLC’s investment portfolio, making the stock its 16th largest position.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Aptus Capital Advisors LLC increased its stake in shares of Atmos Energy by 2.7% in the 4th quarter. Aptus Capital Advisors LLC now owns 3,210 shares of the utilities provider’s stock valued at $538,000 after buying an additional 83 shares during the period. Kestra Advisory Services LLC boosted its position in shares of Atmos Energy by 3.5% in the 4th quarter. Kestra Advisory Services LLC now owns 6,264 shares of the utilities provider’s stock worth $1,050,000 after purchasing an additional 213 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Atmos Energy by 25.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 825 shares of the utilities provider’s stock worth $138,000 after purchasing an additional 166 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Atmos Energy by 28.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 358,992 shares of the utilities provider’s stock worth $60,178,000 after purchasing an additional 80,545 shares during the last quarter. Finally, Quarry LP boosted its position in shares of Atmos Energy by 131.1% in the 4th quarter. Quarry LP now owns 3,129 shares of the utilities provider’s stock worth $525,000 after purchasing an additional 1,775 shares during the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
ATO has been the topic of several recent analyst reports. TD Cowen lifted their target price on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a report on Friday, May 15th. Citigroup boosted their price target on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Truist Financial lowered their target price 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. Barclays lifted their target price 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. Finally, Morgan Stanley set a $183.00 target price on Atmos Energy in a research report on Thursday, May 21st. One research analyst has rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Atmos Energy presently has an average rating of “Hold” and a consensus target price of $181.90.
Atmos Energy Price Performance
Shares of NYSE ATO opened at $169.82 on Friday. The business’s 50 day moving average price is $180.42 and its two-hundred day moving average price is $176.65. The company has a market cap of $28.35 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 2.95 and a beta of 0.60. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve month high of $192.51.
Atmos Energy (NYSE:ATO – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. The firm had revenue of $1.96 billion for 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 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, analysts predict that Atmos Energy Corporation will post 8.43 EPS for the current year.
Atmos Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Tuesday, May 26th. Atmos Energy’s payout ratio is 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.
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