Dai ichi Life Insurance Company Ltd Has $9.71 Million Stock Position in Atmos Energy Corporation $ATO

Dai ichi Life Insurance Company Ltd reduced its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 5.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 52,547 shares of the utilities provider’s stock after selling 3,268 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in Atmos Energy were worth $9,706,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Compound Planning Inc. lifted its holdings in shares of Atmos Energy by 3.6% in the fourth quarter. Compound Planning Inc. now owns 1,654 shares of the utilities provider’s stock worth $277,000 after acquiring an additional 58 shares during the last quarter. Checchi Capital Advisers LLC grew its holdings in shares of 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 purchasing an additional 60 shares during the last quarter. MGO One Seven LLC increased 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 worth $254,000 after purchasing an additional 62 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in Atmos Energy by 0.8% in the 1st quarter. Wealthfront Advisers LLC now owns 8,153 shares of the utilities provider’s stock valued at $1,506,000 after purchasing an additional 65 shares during the last quarter. Finally, Root Financial Partners LLC lifted its stake in Atmos Energy by 39.1% in the 1st quarter. Root Financial Partners LLC now owns 235 shares of the utilities provider’s stock valued at $43,000 after purchasing an additional 66 shares during the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on ATO shares. Wells Fargo & Company initiated coverage on shares of Atmos Energy in a report on Monday, July 13th. They set an “overweight” rating and a $200.00 price target for the company. Truist Financial raised their price objective on Atmos Energy from $187.00 to $188.00 and gave the company a “hold” rating in a report on Friday, July 17th. TD Cowen boosted their price objective on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Citigroup upped their target price on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Wall Street Zen downgraded Atmos Energy from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. Four investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Atmos Energy has a consensus rating of “Hold” and a consensus price target of $186.92.

Atmos Energy Trading Up 0.7%

ATO opened at $179.24 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89. Atmos Energy Corporation has a fifty-two week low of $154.23 and a fifty-two week high of $192.51. The company’s 50 day moving average price is $173.76 and its two-hundred day moving average price is $177.67. The firm has a market capitalization of $29.92 billion, a price-to-earnings ratio of 22.02, a PEG ratio of 3.09 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.37 by $0.10. The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same quarter last year, the firm earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, research analysts predict that Atmos Energy Corporation will post 8.44 earnings per share for the current year.

Atmos Energy Dividend Announcement

The business also recently announced 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. This represents a $4.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Tuesday, May 26th. Atmos Energy’s dividend payout ratio (DPR) is currently 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.