Mizuho Markets Americas LLC Sells 44,975 Shares of Atmos Energy Corporation $ATO

Mizuho Markets Americas LLC lowered its position in shares of Atmos Energy Corporation (NYSE:ATO) by 15.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 240,814 shares of the utilities provider’s stock after selling 44,975 shares during the quarter. Mizuho Markets Americas LLC owned 0.15% of Atmos Energy worth $40,368,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its position in shares of Atmos Energy by 94.9% during the 2nd quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock valued at $562,851,000 after purchasing an additional 1,778,653 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Atmos Energy by 26,269.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,033,701 shares of the utilities provider’s stock worth $173,279,000 after buying an additional 1,029,781 shares during the period. PFA Pension Forsikringsaktieselskab bought a new position in Atmos Energy in the 4th quarter worth $107,729,000. Capital International Investors increased its stake in Atmos Energy by 3.4% in the 3rd quarter. Capital International Investors now owns 10,965,840 shares of the utilities provider’s stock worth $1,872,162,000 after buying an additional 359,780 shares in the last quarter. Finally, State Street Corp raised its holdings in Atmos Energy by 3.5% during the third quarter. State Street Corp now owns 10,630,522 shares of the utilities provider’s stock valued at $1,815,162,000 after acquiring an additional 356,942 shares during the period. 90.17% of the stock is currently owned by institutional investors.

Atmos Energy Trading Up 0.2%

Shares of Atmos Energy stock opened at $177.79 on Friday. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve month high of $192.51. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. The business has a 50-day moving average price of $184.55 and a 200-day moving average price of $177.16. The firm has a market cap of $29.68 billion, a price-to-earnings ratio of 21.84, a PEG ratio of 3.08 and a beta of 0.65.

Atmos Energy (NYSE:ATO) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The company had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the previous year, the business earned $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 Corporation will post 8.44 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, May 26th. Atmos Energy’s dividend payout ratio is 49.14%.

Analysts Set New Price Targets

Several equities analysts have recently commented on ATO shares. Citigroup boosted their price objective on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. TD Cowen lifted their target price on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research note on Friday, May 15th. Weiss Ratings downgraded Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, May 7th. Wall Street Zen lowered shares of Atmos Energy from a “hold” rating to a “sell” rating in a report on Monday, May 18th. Finally, Truist Financial reduced their price objective on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $181.50.

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.