Atmos Energy Corporation $ATO Shares Bought by One Wealth Capital Management LLC

One Wealth Capital Management LLC raised its holdings in Atmos Energy Corporation (NYSE:ATO) by 10.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,695 shares of the utilities provider’s stock after acquiring an additional 155 shares during the quarter. One Wealth Capital Management LLC’s holdings in Atmos Energy were worth $262,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Atmos Energy by 2.1% in the first quarter. Vanguard Group Inc. now owns 20,791,335 shares of the utilities provider’s stock valued at $3,213,925,000 after acquiring an additional 424,235 shares during the period. Deutsche Bank AG grew its holdings in Atmos Energy by 1.9% in the fourth quarter. Deutsche Bank AG now owns 3,078,424 shares of the utilities provider’s stock valued at $428,732,000 after purchasing an additional 58,391 shares during the last quarter. Bank of America Corp DE grew its holdings in Atmos Energy by 146.2% in the fourth quarter. Bank of America Corp DE now owns 1,713,421 shares of the utilities provider’s stock valued at $238,628,000 after purchasing an additional 1,017,575 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in Atmos Energy by 541.4% in the fourth quarter. BNP Paribas Financial Markets now owns 1,525,116 shares of the utilities provider’s stock valued at $212,403,000 after purchasing an additional 1,287,325 shares during the last quarter. Finally, Perpetual Ltd grew its holdings in Atmos Energy by 17.2% in the first quarter. Perpetual Ltd now owns 1,454,090 shares of the utilities provider’s stock valued at $224,773,000 after purchasing an additional 213,075 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ATO shares. Morgan Stanley restated an “overweight” rating on shares of Atmos Energy in a research report on Thursday, August 21st. Barclays cut their target price on shares of Atmos Energy from $156.00 to $153.00 and set an “equal weight” rating for the company in a research report on Thursday, July 10th. LADENBURG THALM/SH SH restated a “neutral” rating and set a $163.00 target price (down previously from $171.00) on shares of Atmos Energy in a research report on Friday, August 8th. Citigroup lifted their target price on shares of Atmos Energy from $148.00 to $163.00 and gave the stock a “neutral” rating in a research report on Friday, May 16th. Finally, Argus raised Atmos Energy to a “strong-buy” rating in a report on Wednesday, May 28th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $158.27.

Atmos Energy Stock Up 0.5%

ATO opened at $166.23 on Monday. The firm has a market cap of $26.68 billion, a P/E ratio of 22.83, a PEG ratio of 3.07 and a beta of 0.75. The business’s fifty day simple moving average is $158.73 and its 200 day simple moving average is $155.19. Atmos Energy Corporation has a 52 week low of $128.12 and a 52 week high of $168.86. The company has a quick ratio of 1.25, a current ratio of 1.37 and a debt-to-equity ratio of 0.67.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings results on Wednesday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.01). Atmos Energy had a return on equity of 9.00% and a net margin of 25.05%.The business had revenue of $838.77 million during the quarter, compared to analyst estimates of $848.97 million. During the same period in the previous year, the business posted $1.08 earnings per share. As a group, equities research analysts anticipate that Atmos Energy Corporation will post 7.18 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 8th. Shareholders of record on Monday, August 25th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Monday, August 25th. Atmos Energy’s dividend payout ratio (DPR) is presently 47.80%.

Atmos Energy Company Profile

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states.