Cbre Investment Management Listed Real Assets LLC Raises Stock Position in Atmos Energy Corporation $ATO

Cbre Investment Management Listed Real Assets LLC grew its stake in Atmos Energy Corporation (NYSE:ATO) by 8.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 734,141 shares of the utilities provider’s stock after purchasing an additional 59,908 shares during the quarter. Atmos Energy comprises about 1.8% of Cbre Investment Management Listed Real Assets LLC’s holdings, making the stock its 21st biggest holding. Cbre Investment Management Listed Real Assets LLC’s holdings in Atmos Energy were worth $125,355,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of ATO. MassMutual Private Wealth & Trust FSB increased its position in shares of Atmos Energy by 30.4% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 279 shares of the utilities provider’s stock valued at $48,000 after buying an additional 65 shares during the period. Little House Capital LLC raised 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 worth $1,833,000 after buying an additional 66 shares in the last quarter. PAX Financial Group LLC lifted its holdings in Atmos Energy by 2.3% in the third quarter. PAX Financial Group LLC now owns 3,178 shares of the utilities provider’s stock worth $543,000 after buying an additional 70 shares during the period. Financial Network Wealth Advisors LLC lifted its holdings in Atmos Energy by 8.9% in the third quarter. Financial Network Wealth Advisors LLC now owns 868 shares of the utilities provider’s stock worth $148,000 after buying an additional 71 shares during the period. Finally, Westside Investment Management Inc. boosted its position in Atmos Energy by 19.4% during the 3rd quarter. Westside Investment Management Inc. now owns 444 shares of the utilities provider’s stock valued at $76,000 after acquiring an additional 72 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ATO shares. Citigroup upped their target price on Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Morgan Stanley set a $192.00 price target on Atmos Energy in a research report on Friday, February 20th. Mizuho upped their price target on Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. UBS Group increased their price objective on Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a report on Wednesday, December 17th. Finally, Zacks Research raised Atmos Energy to a “hold” rating in a research report on Tuesday, November 18th. One investment 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 issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $175.67.

Atmos Energy Stock Up 0.5%

ATO stock opened at $184.41 on Thursday. The stock has a market capitalization of $30.51 billion, a P/E ratio of 23.95, a P/E/G ratio of 3.17 and a beta of 0.74. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 1.02. Atmos Energy Corporation has a 1-year low of $141.59 and a 1-year high of $187.98. The business has a fifty day moving average price of $174.33 and a 200-day moving average price of $172.02.

Atmos Energy (NYSE:ATO) last released its quarterly earnings data 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 company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the company earned $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Equities analysts forecast that Atmos Energy Corporation will post 7.18 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

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

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.