Janney Montgomery Scott LLC Sells 13,849 Shares of Atmos Energy Corporation $ATO

Janney Montgomery Scott LLC cut its stake in Atmos Energy Corporation (NYSE:ATO) by 8.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 141,530 shares of the utilities provider’s stock after selling 13,849 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Atmos Energy were worth $26,143,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Compound Planning Inc. grew its position in shares of Atmos Energy by 3.6% in the 4th quarter. Compound Planning Inc. now owns 1,654 shares of the utilities provider’s stock worth $277,000 after buying an additional 58 shares during the period. Checchi Capital Advisers LLC lifted its position in Atmos Energy by 3.9% during the 4th quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock valued at $265,000 after acquiring an additional 60 shares during the period. MGO One Seven LLC lifted its position in Atmos Energy by 4.3% during the 4th quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock valued at $254,000 after acquiring an additional 62 shares during the period. Horizon Investments LLC lifted its position in Atmos Energy by 1.2% during the 4th quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock valued at $912,000 after acquiring an additional 67 shares during the period. Finally, Buckhead Capital Management LLC boosted its stake in Atmos Energy by 1.1% during the fourth quarter. Buckhead Capital Management LLC now owns 6,671 shares of the utilities provider’s stock worth $1,118,000 after acquiring an additional 71 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on ATO shares. Truist Financial cut their price objective on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a report on Monday, May 18th. TD Cowen lifted their target price on shares of Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday, May 15th. Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a research report on Friday, June 19th. Mizuho cut their price target on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research note on Friday, May 29th. Finally, Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. One 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 target price of $182.60.

Atmos Energy Stock Performance

Shares of ATO stock opened at $174.68 on Tuesday. Atmos Energy Corporation has a one year low of $149.98 and a one year high of $192.51. The company’s 50-day moving average is $176.58 and its 200 day moving average is $176.63. The company has a market capitalization of $29.16 billion, a price-to-earnings ratio of 21.46, a price-to-earnings-growth ratio of 3.04 and a beta of 0.60. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00.

Atmos Energy (NYSE:ATO) last released its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.10. The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same period last year, the business earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Sell-side analysts expect that Atmos Energy Corporation will post 8.46 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Tuesday, May 26th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Atmos Energy’s dividend payout ratio (DPR) is 49.14%.

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.