Exchange Traded Concepts LLC Decreases Stock Holdings in Atmos Energy Corporation $ATO

Exchange Traded Concepts LLC lessened its stake in Atmos Energy Corporation (NYSE:ATO) by 2.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 173,708 shares of the utilities provider’s stock after selling 4,516 shares during the quarter. Exchange Traded Concepts LLC owned approximately 0.11% of Atmos Energy worth $29,119,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new position in Atmos Energy during the third quarter valued at $25,000. JFS Wealth Advisors LLC increased its stake in shares of Atmos Energy by 85.9% during the fourth quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 73 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Atmos Energy in the 3rd quarter valued at about $29,000. SBI Securities Co. Ltd. lifted its stake in Atmos Energy by 105.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock valued at $33,000 after buying an additional 98 shares in the last quarter. Finally, Redmont Wealth Advisors LLC acquired a new stake in Atmos Energy in the 3rd quarter worth about $33,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Morgan Stanley set a $192.00 price objective on Atmos Energy in a research note on Friday, February 20th. Mizuho lifted 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. Barclays boosted their price target on Atmos Energy from $165.00 to $167.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 27th. Citigroup increased their price objective on Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Finally, Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $175.67.

Atmos Energy Price Performance

ATO stock opened at $183.15 on Friday. Atmos Energy Corporation has a 1 year low of $141.59 and a 1 year high of $190.13. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 1.02. The firm has a market capitalization of $30.30 billion, a PE ratio of 23.79, a price-to-earnings-growth ratio of 3.17 and a beta of 0.74. The business has a 50 day simple moving average of $178.23 and a 200-day simple moving average of $173.53.

Atmos Energy (NYSE:ATO) last issued its earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $1.21 billion. During the same period in the prior year, the business earned $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Equities research analysts anticipate that Atmos Energy Corporation will post 7.18 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The company 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 of this dividend was Monday, February 23rd. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. Atmos Energy’s dividend payout ratio is 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.