Edgestream Partners L.P. Sells 31,569 Shares of Atmos Energy Corporation $ATO

Edgestream Partners L.P. decreased its stake in shares of Atmos Energy Corporation (NYSE:ATO) by 43.5% during the 1st quarter, Holdings Channel reports. The firm owned 40,951 shares of the utilities provider’s stock after selling 31,569 shares during the period. Edgestream Partners L.P.’s holdings in Atmos Energy were worth $7,564,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in ATO. Brighton Jones LLC bought a new position in shares of Atmos Energy in the fourth quarter valued at $233,000. Integrated Wealth Concepts LLC raised its position in Atmos Energy by 10.8% during the first quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock worth $490,000 after acquiring an additional 308 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Atmos Energy by 8.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock valued at $2,676,000 after acquiring an additional 1,331 shares during the last quarter. Empowered Funds LLC lifted its stake in Atmos Energy by 8.5% in the first quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock valued at $482,000 after acquiring an additional 245 shares during the last quarter. Finally, Woodline Partners LP grew its position in shares of Atmos Energy by 43.9% in the 1st quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock valued at $2,073,000 after acquiring an additional 4,088 shares during the period. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Trading Down 0.9%

ATO stock opened at $177.69 on Thursday. Atmos Energy Corporation has a one year low of $154.55 and a one year high of $192.51. The stock has a market cap of $29.66 billion, a price-to-earnings ratio of 21.83, a price-to-earnings-growth ratio of 3.11 and a beta of 0.60. The company has a fifty day moving average price of $173.81 and a two-hundred day moving average price of $177.99. 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 (NYSE:ATO) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, beating the consensus estimate of $3.37 by $0.10. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same period in the prior year, the firm earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities analysts anticipate that Atmos Energy Corporation will post 8.44 EPS for the current year.

Atmos Energy Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on ATO shares. Mizuho lowered their price objective on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research note on Friday, May 29th. JPMorgan Chase & Co. raised their target price on shares of Atmos Energy from $196.00 to $198.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Truist Financial lifted their price target on Atmos Energy from $187.00 to $188.00 and gave the stock a “hold” rating in a report on Friday, July 17th. Barclays lowered their price target on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 14th. Finally, Citigroup upped their price objective on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Four investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $186.92.

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.