Janney Montgomery Scott LLC Sells 13,849 Shares of Atmos Energy Corporation $ATO

Janney Montgomery Scott LLC lowered its position in Atmos Energy Corporation (NYSE:ATO) by 8.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,530 shares of the utilities provider’s stock after selling 13,849 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.09% of Atmos Energy worth $26,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of ATO. Pictet Asset Management Holding SA raised its stake in shares of Atmos Energy by 10.9% during the first quarter. Pictet Asset Management Holding SA now owns 1,175,415 shares of the utilities provider’s stock worth $217,124,000 after acquiring an additional 115,574 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in shares of Atmos Energy by 3.7% in the 1st quarter. Venturi Wealth Management LLC now owns 8,021 shares of the utilities provider’s stock valued at $1,482,000 after purchasing an additional 283 shares in the last quarter. Maridea Wealth Management LLC bought a new position in shares of Atmos Energy during the 1st quarter valued at $202,000. Colony Family Offices LLC bought a new position in shares of Atmos Energy during the 1st quarter valued at $210,000. Finally, AA Financial Advisors LLC raised its position in Atmos Energy by 8.4% in the 1st quarter. AA Financial Advisors LLC now owns 1,757 shares of the utilities provider’s stock worth $325,000 after purchasing an additional 136 shares during the period. 90.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on ATO shares. Citigroup boosted their price target on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. TD Cowen raised their price objective on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research note on Friday, May 15th. Truist Financial decreased their price objective on Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Mizuho lowered their target price on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Finally, Weiss Ratings cut Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. One research analyst has rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, Atmos Energy has a consensus rating of “Hold” and a consensus target price of $182.60.

Atmos Energy Trading Down 0.3%

NYSE:ATO opened at $174.68 on Tuesday. The company has a fifty day moving average of $176.58 and a 200 day moving average of $176.63. Atmos Energy Corporation has a 52 week low of $149.98 and a 52 week high of $192.51. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $29.16 billion, a P/E ratio of 21.46, a P/E/G ratio of 3.04 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the firm earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, research analysts predict that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Announces Dividend

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