Atmos Energy Corporation $ATO Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its stake in shares of Atmos Energy Corporation (NYSE:ATO) by 3.0% in the first quarter, HoldingsChannel reports. The fund owned 301,973 shares of the utilities provider’s stock after selling 9,240 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Atmos Energy were worth $55,780,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ATO. Citizens Financial Group Inc. RI grew its holdings in Atmos Energy by 7.1% in the first quarter. Citizens Financial Group Inc. RI now owns 25,873 shares of the utilities provider’s stock valued at $4,779,000 after purchasing an additional 1,715 shares during the period. Fifth Third Bancorp raised its stake in Atmos Energy by 531.4% during the first quarter. Fifth Third Bancorp now owns 41,543 shares of the utilities provider’s stock worth $7,674,000 after purchasing an additional 34,964 shares during the period. Kestra Advisory Services LLC boosted its holdings in shares of Atmos Energy by 167.0% in the 1st quarter. Kestra Advisory Services LLC now owns 16,725 shares of the utilities provider’s stock valued at $3,089,000 after purchasing an additional 10,461 shares during the last quarter. Resona Asset Management Co. Ltd. boosted its holdings in shares of Atmos Energy by 3.0% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 68,481 shares of the utilities provider’s stock valued at $12,656,000 after purchasing an additional 2,015 shares during the last quarter. Finally, Personal CFO Solutions LLC grew its stake in shares of Atmos Energy by 26.2% during the 1st quarter. Personal CFO Solutions LLC now owns 3,568 shares of the utilities provider’s stock valued at $659,000 after buying an additional 740 shares during the period. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Atmos Energy Stock Up 0.9%

Shares of NYSE ATO traded up $1.50 on Friday, hitting $176.22. The company had a trading volume of 527,259 shares, compared to its average volume of 1,242,316. Atmos Energy Corporation has a 12-month low of $152.80 and a 12-month high of $192.51. The business has a 50 day moving average of $174.74 and a two-hundred day moving average of $177.01. 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 firm has a market capitalization of $29.42 billion, a P/E ratio of 21.65, a PEG ratio of 3.06 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last released its quarterly 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. The firm had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same period in the previous year, the company posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, equities research analysts forecast that Atmos Energy Corporation will post 8.45 earnings per share 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 issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, May 26th. Atmos Energy’s dividend payout ratio (DPR) is presently 49.14%.

Analysts Set New Price Targets

ATO has been the topic of several research reports. TD Cowen increased their target price on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Argus lowered their price target on Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a research report on Thursday, July 2nd. Truist Financial dropped their price target on Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Mizuho cut their price objective on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Finally, Wall Street Zen raised Atmos Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. Two research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $183.90.

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.