Opal Capital LLC Buys Shares of 33,313 Atmos Energy Corporation $ATO

Opal Capital LLC bought a new position in Atmos Energy Corporation (NYSE:ATO) in the 1st quarter, Holdings Channel reports. The firm bought 33,313 shares of the utilities provider’s stock, valued at approximately $6,154,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Atmos Energy by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 21,032,554 shares of the utilities provider’s stock valued at $3,525,687,000 after buying an additional 276,485 shares during the period. Capital International Investors lifted its stake in Atmos Energy by 8.5% in the fourth quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider’s stock worth $1,993,968,000 after acquiring an additional 927,986 shares during the period. State Street Corp lifted its stake in Atmos Energy by 1.5% in the fourth quarter. State Street Corp now owns 10,786,358 shares of the utilities provider’s stock worth $1,808,117,000 after acquiring an additional 155,836 shares during the period. Geode Capital Management LLC lifted its stake in Atmos Energy by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 4,214,985 shares of the utilities provider’s stock worth $703,824,000 after acquiring an additional 78,438 shares during the period. Finally, Bank of America Corp DE grew its holdings in Atmos Energy by 2.3% during 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 acquiring an additional 84,786 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on ATO. Truist Financial raised their target price on shares of Atmos Energy from $187.00 to $188.00 and gave the company a “hold” rating in a research report on Friday, July 17th. TD Cowen upped their price target on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Citigroup increased their price objective 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. Wells Fargo & Company started coverage on shares of Atmos Energy in a report on Monday, July 13th. They set an “overweight” rating and a $200.00 price objective on the stock. Finally, Argus reduced their price objective on shares of Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a research note on Thursday, July 2nd. Four equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $186.92.

Atmos Energy Price Performance

NYSE ATO opened at $179.60 on Wednesday. The firm’s fifty day simple moving average is $173.78 and its two-hundred day simple moving average is $177.92. The firm has a market capitalization of $29.98 billion, a P/E ratio of 22.06, a P/E/G ratio of 3.09 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. Atmos Energy Corporation has a 12-month low of $154.53 and a 12-month high of $192.51.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, beating the consensus estimate of $3.37 by $0.10. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter in the prior year, the business posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts forecast that Atmos Energy Corporation will post 8.44 EPS for the current fiscal 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 issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Tuesday, May 26th. Atmos Energy’s dividend payout ratio (DPR) is currently 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.