23,000 Shares in Atmos Energy Corporation $ATO Purchased by Ilmarinen Mutual Pension Insurance Co

Ilmarinen Mutual Pension Insurance Co acquired a new position in Atmos Energy Corporation (NYSE:ATO) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 23,000 shares of the utilities provider’s stock, valued at approximately $3,855,000.

Several other hedge funds have also recently bought and sold shares of ATO. Vanguard Group Inc. lifted its position in Atmos Energy by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 21,032,554 shares of the utilities provider’s stock worth $3,525,687,000 after buying an additional 276,485 shares in the last quarter. Capital International Investors lifted its position in Atmos Energy by 3.4% in 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. State Street Corp lifted its position in Atmos Energy by 3.5% in the 3rd quarter. State Street Corp now owns 10,630,522 shares of the utilities provider’s stock worth $1,815,162,000 after buying an additional 356,942 shares in the last quarter. Geode Capital Management LLC lifted its position in Atmos Energy by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 4,214,985 shares of the utilities provider’s stock worth $703,824,000 after buying an additional 78,438 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Atmos Energy by 2.3% in the 3rd quarter. Bank of America Corp DE now owns 3,737,053 shares of the utilities provider’s stock worth $638,102,000 after buying an additional 84,786 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Atmos Energy Stock Down 2.4%

Atmos Energy stock opened at $168.96 on Friday. The company has a market capitalization of $28.20 billion, a P/E ratio of 20.76, a P/E/G ratio of 3.00 and a beta of 0.65. The firm’s fifty day simple moving average is $183.33 and its 200-day simple moving average is $177.18. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. Atmos Energy Corporation has a 1-year low of $149.98 and a 1-year high of $192.51.

Atmos Energy (NYSE:ATO) last released its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter last year, the firm earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Sell-side analysts forecast that Atmos Energy Corporation will post 8.44 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Tuesday, May 26th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, May 26th. Atmos Energy’s dividend payout ratio (DPR) is presently 49.14%.

Analyst Upgrades and Downgrades

ATO has been the subject of a number of research analyst reports. Barclays increased their target price on shares of Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Weiss Ratings downgraded Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, May 7th. Citigroup raised their price target on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. TD Cowen raised their price target on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research note on Friday, May 15th. Finally, Wall Street Zen raised Atmos Energy from a “sell” rating to a “hold” rating in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Atmos Energy has an average rating of “Hold” and a consensus price target of $181.90.

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.