Capital International Sarl Cuts Stake in Atmos Energy Corporation $ATO

Capital International Sarl cut its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 14.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,265 shares of the utilities provider’s stock after selling 4,234 shares during the quarter. Capital International Sarl’s holdings in Atmos Energy were worth $4,314,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Atmos Energy in the second quarter valued at about $282,487,000. Bank of America Corp DE boosted its holdings in 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 valued at $562,851,000 after purchasing an additional 1,778,653 shares in the last quarter. Squarepoint Ops LLC increased its position in Atmos Energy by 220.1% during the 2nd quarter. Squarepoint Ops LLC now owns 720,956 shares of the utilities provider’s stock worth $111,107,000 after purchasing an additional 495,712 shares during the period. Massachusetts Financial Services Co. MA increased its position in Atmos Energy by 23.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,899,283 shares of the utilities provider’s stock worth $292,699,000 after purchasing an additional 362,894 shares during the period. Finally, Capital International Investors raised its stake in shares of Atmos Energy by 3.4% during the 3rd quarter. Capital International Investors now owns 10,965,840 shares of the utilities provider’s stock worth $1,872,162,000 after buying an additional 359,780 shares in the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Atmos Energy Stock Down 0.9%

Shares of NYSE ATO opened at $183.49 on Wednesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.02 and a current ratio of 1.13. Atmos Energy Corporation has a 1 year low of $141.59 and a 1 year high of $187.98. The stock’s 50-day simple moving average is $173.99 and its 200-day simple moving average is $171.93. The firm has a market cap of $30.36 billion, a price-to-earnings ratio of 23.83, a PEG ratio of 3.20 and a beta of 0.74.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.41 by $0.03. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the business posted $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, equities analysts anticipate that Atmos Energy Corporation will post 7.18 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, February 23rd were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Monday, February 23rd. Atmos Energy’s payout ratio is 51.95%.

Analyst Ratings Changes

A number of analysts recently weighed in on ATO shares. Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a research note on Monday, December 29th. UBS Group raised their price objective on shares of Atmos Energy from $159.00 to $174.00 and gave the company a “neutral” rating in a research note on Wednesday, December 17th. Mizuho upped their target price on shares of Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 2nd. Citigroup lifted their price target on shares of Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Finally, Zacks Research upgraded Atmos Energy to a “hold” rating in a research report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $175.67.

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.