Strs Ohio Increases Holdings in Atmos Energy Corporation $ATO

Strs Ohio increased its position in Atmos Energy Corporation (NYSE:ATO) by 6.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 125,228 shares of the utilities provider’s stock after acquiring an additional 7,094 shares during the period. Strs Ohio owned approximately 0.08% of Atmos Energy worth $23,132,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new stake in Atmos Energy during the fourth quarter worth $331,426,000. Bank of America Corp DE boosted its position in shares of Atmos Energy by 94.9% in the 2nd quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock worth $562,851,000 after buying an additional 1,778,653 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake 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 valued at $173,279,000 after acquiring an additional 1,029,781 shares during the last quarter. Capital International Investors grew its stake in Atmos Energy by 8.5% in the 4th quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider’s stock valued at $1,993,968,000 after acquiring an additional 927,986 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in Atmos Energy during the 4th quarter valued at about $107,729,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Truist Financial reduced their price target 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. Barclays raised 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. Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research report on Saturday. TD Cowen upped 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. Finally, Argus lowered their target price on Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a report on Thursday. Two investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $183.90.

Atmos Energy Stock Performance

Shares of NYSE ATO opened at $176.66 on Friday. The company has a market cap of $29.49 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 3.06 and a beta of 0.60. Atmos Energy Corporation has a 12 month low of $150.51 and a 12 month high of $192.51. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89. The company has a 50-day simple moving average of $175.80 and a 200-day simple moving average of $176.76.

Atmos Energy (NYSE:ATO) last posted 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. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter in the previous year, the business posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities analysts anticipate that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were issued a dividend of $1.00 per share. The ex-dividend date 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%.

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.