Atmos Energy Corporation $ATO Shares Sold by TD Asset Management Inc

TD Asset Management Inc lessened its stake in Atmos Energy Corporation (NYSE:ATO) by 60.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 66,706 shares of the utilities provider’s stock after selling 100,447 shares during the quarter. TD Asset Management Inc’s holdings in Atmos Energy were worth $11,182,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of ATO. Brighton Jones LLC acquired a new stake in Atmos Energy during the fourth quarter worth about $233,000. Integrated Wealth Concepts LLC raised its stake in Atmos Energy by 10.8% during the first quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock worth $490,000 after acquiring an additional 308 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Atmos Energy by 8.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock worth $2,676,000 after acquiring an additional 1,331 shares during the period. Empowered Funds LLC raised its stake in Atmos Energy by 8.5% during the first quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock worth $482,000 after acquiring an additional 245 shares during the period. Finally, Woodline Partners LP raised its stake in 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 acquiring an additional 4,088 shares during the period. Institutional investors and hedge funds own 90.17% of the company’s stock.

Atmos Energy Price Performance

NYSE ATO opened at $167.82 on Tuesday. Atmos Energy Corporation has a 52 week low of $149.98 and a 52 week high of $192.51. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. The stock has a market cap of $28.01 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 2.96 and a beta of 0.60. The company has a 50-day moving average price of $181.69 and a two-hundred day moving average price of $176.83.

Atmos Energy (NYSE:ATO) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping the consensus estimate of $3.37 by $0.10. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. The firm had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the prior year, the firm earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts forecast that Atmos Energy Corporation will post 8.43 EPS for the current year.

Atmos Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were given a $1.00 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 annualized dividend and a yield of 2.4%. Atmos Energy’s dividend payout ratio is 49.14%.

Wall Street Analyst Weigh In

ATO has been the topic of several research reports. Barclays increased their price objective on shares of Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. Morgan Stanley set a $183.00 price objective on shares of Atmos Energy in a research note on Thursday, May 21st. Weiss Ratings lowered shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. Truist Financial dropped 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 note on Monday, May 18th. Finally, Citigroup increased their price objective on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, Atmos Energy currently has a consensus rating of “Hold” and a consensus price target of $181.90.

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.