Atmos Energy Corporation $ATO Shares Sold by Royal Bank of Canada

Royal Bank of Canada lowered its holdings in Atmos Energy Corporation (NYSE:ATO) by 15.8% during the first quarter, Holdings Channel.com reports. The firm owned 503,937 shares of the utilities provider’s stock after selling 94,872 shares during the period. Royal Bank of Canada’s holdings in Atmos Energy were worth $93,087,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ATO. Compound Planning Inc. lifted its stake in shares of Atmos Energy by 3.6% in the 4th quarter. Compound Planning Inc. now owns 1,654 shares of the utilities provider’s stock valued at $277,000 after purchasing an additional 58 shares during the last quarter. Checchi Capital Advisers LLC increased its position in shares of Atmos Energy by 3.9% during the 4th quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock worth $265,000 after purchasing an additional 60 shares during the last quarter. MGO One Seven LLC raised its holdings in Atmos Energy by 4.3% in the 4th quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock valued at $254,000 after buying an additional 62 shares during the period. Wealthfront Advisers LLC raised its holdings in Atmos Energy by 0.8% in the 1st quarter. Wealthfront Advisers LLC now owns 8,153 shares of the utilities provider’s stock valued at $1,506,000 after buying an additional 65 shares during the period. Finally, Root Financial Partners LLC lifted its position in Atmos Energy by 39.1% in the first quarter. Root Financial Partners LLC now owns 235 shares of the utilities provider’s stock valued at $43,000 after buying an additional 66 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on ATO shares. Barclays lowered their target price on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 14th. Wall Street Zen raised shares of Atmos Energy from a “sell” rating to a “hold” rating in a research note on Sunday, July 26th. Weiss Ratings lowered shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. Wells Fargo & Company initiated coverage on shares of Atmos Energy in a research report on Monday, July 13th. They set an “overweight” rating and a $200.00 price objective for the company. Finally, Mizuho lowered their price objective on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research report on Friday, May 29th. Four equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $186.92.

Atmos Energy Price Performance

ATO opened at $173.12 on Friday. The stock’s 50-day moving average price is $173.65 and its 200 day moving average price is $178.01. Atmos Energy Corporation has a 12-month low of $154.55 and a 12-month high of $192.51. The firm has a market cap of $28.90 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 3.03 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 (NYSE:ATO) last released its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, beating the consensus estimate of $3.37 by $0.10. The company 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 previous year, the company posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, sell-side analysts expect that Atmos Energy Corporation will post 8.44 earnings per share for the current year.

Atmos Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Tuesday, May 26th were issued a $1.00 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. Atmos Energy’s payout ratio is 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.