Shell Asset Management Co. Has $1.18 Million Stake in Atmos Energy Corporation $ATO

Shell Asset Management Co. lowered its position in shares of Atmos Energy Corporation (NYSE:ATO) by 57.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,890 shares of the utilities provider’s stock after selling 9,346 shares during the period. Shell Asset Management Co.’s holdings in Atmos Energy were worth $1,176,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Root Financial Partners LLC bought a new stake in shares of Atmos Energy during the third quarter worth about $25,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Atmos Energy during the 3rd quarter worth approximately $29,000. SBI Securities Co. Ltd. grew its holdings in Atmos Energy by 105.4% during the 3rd quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 98 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in Atmos Energy by 30.4% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 279 shares of the utilities provider’s stock worth $48,000 after acquiring an additional 65 shares during the last quarter. Finally, WFA of San Diego LLC acquired a new position in Atmos Energy in the 2nd quarter valued at approximately $46,000. 90.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ATO has been the topic of a number of recent research reports. Morgan Stanley reiterated an “underperform” rating and set a $180.00 price target on shares of Atmos Energy in a report on Wednesday, January 21st. Barclays lifted their target price on Atmos Energy from $165.00 to $167.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 27th. Citigroup increased their price target on Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Zacks Research raised Atmos Energy to a “hold” rating in a research note on Tuesday, November 18th. Finally, Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a report on Saturday, February 7th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Atmos Energy currently has a consensus rating of “Hold” and an average target price of $174.33.

Atmos Energy Stock Performance

ATO stock opened at $179.16 on Monday. The firm has a market cap of $29.64 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 3.12 and a beta of 0.75. The company has a current ratio of 1.13, a quick ratio of 1.02 and a debt-to-equity ratio of 0.67. The stock has a 50-day moving average price of $168.89 and a 200-day moving average price of $169.53. Atmos Energy Corporation has a 1-year low of $141.59 and a 1-year high of $180.65.

Atmos Energy (NYSE:ATO) last released its earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, topping the consensus estimate of $2.41 by $0.03. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter last year, the firm posted $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, equities research analysts expect that Atmos Energy Corporation will post 7.18 earnings per share for the current year.

Atmos Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, February 23rd will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $4.00 annualized dividend and a yield of 2.2%. Atmos Energy’s dividend payout ratio is currently 51.95%.

Insider Buying and Selling

In other news, Director Sean Donohue sold 450 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $171.15, for a total transaction of $77,017.50. Following the transaction, the director owned 877 shares in the company, valued at approximately $150,098.55. This represents a 33.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.43% of the company’s stock.

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.