Lansforsakringar Fondforvaltning AB publ Has $8.93 Million Stock Holdings in Atmos Energy Corporation $ATO

Lansforsakringar Fondforvaltning AB publ increased its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 11.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 52,313 shares of the utilities provider’s stock after purchasing an additional 5,556 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Atmos Energy were worth $8,932,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. MassMutual Private Wealth & Trust FSB increased its stake in shares of Atmos Energy by 30.4% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 279 shares of the utilities provider’s stock valued at $48,000 after acquiring an additional 65 shares in the last quarter. Little House Capital LLC increased its stake in Atmos Energy by 0.6% in the third quarter. Little House Capital LLC now owns 10,733 shares of the utilities provider’s stock valued at $1,833,000 after purchasing an additional 66 shares in the last quarter. PAX Financial Group LLC raised its holdings in shares of Atmos Energy by 2.3% during the third quarter. PAX Financial Group LLC now owns 3,178 shares of the utilities provider’s stock valued at $543,000 after purchasing an additional 70 shares during the period. Financial Network Wealth Advisors LLC raised its holdings in shares of Atmos Energy by 8.9% during the third quarter. Financial Network Wealth Advisors LLC now owns 868 shares of the utilities provider’s stock valued at $148,000 after purchasing an additional 71 shares during the period. Finally, Westside Investment Management Inc. boosted its position in shares of Atmos Energy by 24.0% during the 2nd quarter. Westside Investment Management Inc. now owns 372 shares of the utilities provider’s stock worth $57,000 after purchasing an additional 72 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors.

Atmos Energy Stock Performance

NYSE ATO opened at $181.54 on Tuesday. The company has a market capitalization of $30.03 billion, a PE ratio of 23.58, a price-to-earnings-growth ratio of 3.15 and a beta of 0.75. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.02 and a current ratio of 1.13. Atmos Energy Corporation has a 52-week low of $141.59 and a 52-week high of $182.69. The company has a 50-day simple moving average of $170.34 and a 200 day simple moving average of $170.46.

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

Atmos Energy Announces Dividend

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

Insider Buying and Selling at Atmos Energy

In related news, Director Sean Donohue sold 450 shares of Atmos Energy stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $171.15, for a total value of $77,017.50. Following the completion of the sale, the director owned 877 shares of the company’s stock, valued at approximately $150,098.55. This trade represents a 33.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.43% of the company’s stock.

Analyst Upgrades and Downgrades

ATO has been the topic of a number of research reports. UBS Group upped their price target on Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 17th. Mizuho increased their target price on Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a report on Tuesday, December 2nd. Wall Street Zen downgraded shares of Atmos Energy from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Citigroup upped their price objective on shares of Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Atmos Energy in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Atmos Energy currently has a consensus rating of “Hold” and a consensus target price of $175.67.

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.