Atmos Energy Corporation (NYSE:ATO) Plans $1.00 Quarterly Dividend

Atmos Energy Corporation (NYSE:ATO) announced a quarterly dividend on Wednesday, May 6th. Investors of record on Tuesday, May 26th will be paid a dividend of 1.00 per share by the utilities provider on Monday, June 8th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, May 26th.

Atmos Energy has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 41 years. Atmos Energy has a dividend payout ratio of 51.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Atmos Energy to earn $8.84 per share next year, which means the company should continue to be able to cover its $4.00 annual dividend with an expected future payout ratio of 45.2%.

Atmos Energy Stock Down 0.5%

Shares of Atmos Energy stock opened at $183.76 on Thursday. The stock’s 50-day moving average is $185.87 and its 200 day moving average is $176.83. The firm has a market cap of $30.40 billion, a price-to-earnings ratio of 23.94, a PEG ratio of 3.31 and a beta of 0.65. 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 has a one year low of $149.98 and a one year high of $192.51.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, beating the consensus estimate of $3.37 by $0.10. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the previous year, the firm posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities research analysts anticipate that Atmos Energy will post 8.3 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Brighton Jones LLC purchased a new position in Atmos Energy in the fourth quarter worth about $233,000. Integrated Wealth Concepts LLC increased its holdings in Atmos Energy by 10.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock worth $490,000 after purchasing an additional 308 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Atmos Energy by 8.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock valued at $2,676,000 after acquiring an additional 1,331 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Atmos Energy by 8.5% in the 1st quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock worth $482,000 after purchasing an additional 245 shares during the period. Finally, Woodline Partners LP lifted its stake in shares of Atmos Energy by 43.9% during the first quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock worth $2,073,000 after buying an additional 4,088 shares during the period. Hedge funds and other institutional investors own 90.17% of the company’s stock.

About Atmos Energy

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.