Natixis Advisors LLC Reduces Position in Atmos Energy Corporation $ATO

Natixis Advisors LLC lessened its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 11.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 116,484 shares of the utilities provider’s stock after selling 14,348 shares during the period. Natixis Advisors LLC owned about 0.07% of Atmos Energy worth $19,526,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Heritage Trust Co purchased a new stake in shares of Atmos Energy in the fourth quarter valued at approximately $229,000. Beto Financial Group LLC purchased a new stake in shares of Atmos Energy in the fourth quarter valued at approximately $535,000. New Mexico Educational Retirement Board boosted its holdings in shares of Atmos Energy by 2.8% in the fourth quarter. New Mexico Educational Retirement Board now owns 7,400 shares of the utilities provider’s stock valued at $1,240,000 after purchasing an additional 200 shares during the period. Florida Financial Advisors LLC boosted its holdings in shares of Atmos Energy by 20.3% in the fourth quarter. Florida Financial Advisors LLC now owns 6,443 shares of the utilities provider’s stock valued at $1,080,000 after purchasing an additional 1,086 shares during the period. Finally, Waterloo Capital L.P. boosted its holdings in shares of Atmos Energy by 17.7% in the fourth quarter. Waterloo Capital L.P. now owns 28,752 shares of the utilities provider’s stock valued at $4,820,000 after purchasing an additional 4,330 shares during the period. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ATO. Mizuho lowered their price target on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a report on Friday, May 29th. Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday. Morgan Stanley set a $183.00 price target on Atmos Energy in a report on Thursday, May 21st. Truist Financial lowered their price target on Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a report on Monday, May 18th. Finally, TD Cowen boosted their price objective on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research note on Friday, May 15th. One analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Atmos Energy presently has a consensus rating of “Hold” and an average target price of $181.90.

Atmos Energy Stock Performance

Shares of NYSE:ATO opened at $170.50 on Friday. The company has a market capitalization of $28.46 billion, a price-to-earnings ratio of 20.95, a price-to-earnings-growth ratio of 2.92 and a beta of 0.60. Atmos Energy Corporation has a 52 week low of $149.98 and a 52 week high of $192.51. 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 50 day moving average of $182.00 and a 200 day moving average of $176.87.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. The company 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 in the previous year, the firm posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, sell-side analysts predict that Atmos Energy Corporation will post 8.43 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. Atmos Energy’s dividend payout ratio is presently 49.14%.

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.