9,600 Shares in Atmos Energy Corporation $ATO Bought by SBI Okasan Asset Management Co.Ltd.

SBI Okasan Asset Management Co.Ltd. acquired a new position in Atmos Energy Corporation (NYSE:ATO) during the fourth quarter, Holdings Channel reports. The firm acquired 9,600 shares of the utilities provider’s stock, valued at approximately $1,620,000.

Several other institutional investors also recently modified their holdings of the stock. Checchi Capital Advisers LLC increased its position in shares of Atmos Energy by 3.9% in the fourth quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock worth $265,000 after purchasing an additional 60 shares during the last quarter. MGO One Seven LLC increased its position in shares of Atmos Energy by 4.3% in the fourth quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock worth $254,000 after purchasing an additional 62 shares during the last quarter. Horizon Investments LLC increased its position in shares of Atmos Energy by 1.2% in the fourth quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock worth $912,000 after purchasing an additional 67 shares during the last quarter. PAX Financial Group LLC increased its position in shares of Atmos Energy by 2.3% in the third quarter. PAX Financial Group LLC now owns 3,178 shares of the utilities provider’s stock worth $543,000 after purchasing an additional 70 shares during the last quarter. Finally, Buckhead Capital Management LLC increased its position in shares of Atmos Energy by 1.1% in the fourth quarter. Buckhead Capital Management LLC now owns 6,671 shares of the utilities provider’s stock worth $1,118,000 after purchasing an additional 71 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ATO. Weiss Ratings cut shares of Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Thursday, May 7th. Truist Financial decreased their price objective on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. TD Cowen raised their price target on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research report on Friday, May 15th. Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Citigroup raised their price target on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Atmos Energy presently has a consensus rating of “Hold” and an average target price of $181.90.

Atmos Energy Trading Down 1.8%

NYSE ATO opened at $173.15 on Friday. The stock’s 50-day simple moving average is $183.65 and its two-hundred day simple moving average is $177.24. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve month 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 company has a market capitalization of $28.90 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 3.06 and a beta of 0.65.

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 return on equity of 9.59% and a net margin of 27.58%.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 business posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Research analysts forecast that Atmos Energy Corporation will post 8.44 EPS 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. Stockholders of record on Tuesday, May 26th will be issued a $1.00 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Atmos Energy’s payout ratio is currently 49.14%.

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.