New York State Teachers Retirement System Has $23.38 Million Holdings in Atmos Energy Corporation $ATO

New York State Teachers Retirement System raised its position in shares of Atmos Energy Corporation (NYSE:ATO) by 6.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 126,584 shares of the utilities provider’s stock after acquiring an additional 7,193 shares during the period. New York State Teachers Retirement System owned approximately 0.08% of Atmos Energy worth $23,383,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Garner Asset Management Corp acquired a new stake in Atmos Energy during the 4th quarter worth approximately $25,000. JFS Wealth Advisors LLC grew its holdings in Atmos Energy by 85.9% in the 4th quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock valued at $26,000 after buying an additional 73 shares in the last quarter. Kingdom Financial Group LLC. acquired a new position in Atmos Energy in the 4th quarter valued at $26,000. Princeton Global Asset Management LLC increased its position in Atmos Energy by 270.2% during the 4th quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock worth $29,000 after buying an additional 127 shares during the period. Finally, Elevated Capital Advisors LLC bought a new position in Atmos Energy during the 4th quarter worth $32,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Atmos Energy Stock Performance

ATO opened at $176.66 on Friday. The firm has a market cap of $29.49 billion, a P/E ratio of 21.70, a price-to-earnings-growth ratio of 3.06 and a beta of 0.60. Atmos Energy Corporation has a 52-week low of $150.51 and a 52-week high of $192.51. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00. The business’s fifty day moving average is $175.80 and its 200-day moving average is $176.76.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, beating analysts’ consensus estimates of $3.37 by $0.10. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the firm earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Sell-side analysts expect that Atmos Energy Corporation will post 8.46 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were given a $1.00 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Atmos Energy’s payout ratio is presently 49.14%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ATO shares. Mizuho reduced their target price on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research report on Friday, May 29th. Wall Street Zen raised shares of Atmos Energy from a “sell” rating to a “hold” rating in a research report on Saturday. Citigroup lifted their price objective on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Argus cut their price objective on shares of Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a report on Thursday. Finally, Morgan Stanley set a $190.00 target price on shares of Atmos Energy in a research report on Wednesday, June 24th. Two investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $183.90.

About Atmos Energy

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.