PFA Pension Forsikringsaktieselskab Invests $107.73 Million in Atmos Energy Corporation $ATO

PFA Pension Forsikringsaktieselskab acquired a new position in shares of Atmos Energy Corporation (NYSE:ATO) in the fourth quarter, HoldingsChannel reports. The fund acquired 639,039 shares of the utilities provider’s stock, valued at approximately $107,729,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in shares of Atmos Energy during the 3rd quarter worth $25,000. JFS Wealth Advisors LLC increased its holdings in shares of Atmos Energy by 85.9% during the 4th quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock worth $26,000 after buying an additional 73 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Atmos Energy during the 3rd quarter worth $29,000. Princeton Global Asset Management LLC boosted its position in Atmos Energy by 270.2% during the 4th quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 127 shares during the period. Finally, SBI Securities Co. Ltd. boosted its position 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 purchasing an additional 98 shares during the period. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Atmos Energy Stock Down 0.6%

Shares of Atmos Energy stock opened at $188.80 on Friday. 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 company has a fifty day moving average price of $185.68 and a 200 day moving average price of $176.72. The stock has a market cap of $31.23 billion, a price-to-earnings ratio of 24.52, a price-to-earnings-growth ratio of 3.35 and a beta of 0.65. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve month high of $192.51.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data 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. The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. During the same period in the prior year, the company posted $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Equities research analysts forecast that Atmos Energy Corporation will post 8.3 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, February 23rd were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Monday, February 23rd. Atmos Energy’s dividend payout ratio is presently 51.95%.

Analyst Ratings Changes

A number of analysts recently weighed in on ATO shares. Truist Financial started coverage on shares of Atmos Energy in a research report on Tuesday, April 21st. They set a “hold” rating and a $195.00 price target for the company. Wall Street Zen cut shares of Atmos Energy from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings raised shares of Atmos Energy from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, April 16th. Morgan Stanley decreased their price target on shares of Atmos Energy from $197.00 to $195.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Finally, Barclays upped their price target on shares of Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Two investment analysts have rated the stock with a Strong Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $181.11.

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.