Capital Innovations LLC Takes $666,000 Position in Atmos Energy Corporation $ATO

Capital Innovations LLC purchased a new position in Atmos Energy Corporation (NYSE:ATO) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 3,975 shares of the utilities provider’s stock, valued at approximately $666,000.

A number of other hedge funds also recently bought and sold shares of the company. Norges Bank bought a new stake in Atmos Energy during the 4th quarter valued at about $331,426,000. Bank of America Corp DE grew its holdings in shares of Atmos Energy by 94.9% during the second quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock valued at $562,851,000 after buying an additional 1,778,653 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Atmos Energy by 26,269.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,033,701 shares of the utilities provider’s stock valued at $173,279,000 after acquiring an additional 1,029,781 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new position in Atmos Energy in the 4th quarter worth approximately $107,729,000. Finally, Capital International Investors raised its holdings in Atmos Energy by 3.4% in the 3rd quarter. Capital International Investors now owns 10,965,840 shares of the utilities provider’s stock worth $1,872,162,000 after acquiring an additional 359,780 shares during the last quarter. Institutional investors own 90.17% of the company’s stock.

Analysts Set New Price Targets

ATO has been the topic of several recent analyst reports. Citigroup increased their target price on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. TD Cowen upped their price target on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday, May 15th. Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a research report on Wednesday. Truist Financial reduced their price objective 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, Weiss Ratings lowered Atmos Energy from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $181.90.

Atmos Energy Trading Up 0.8%

NYSE:ATO opened at $168.50 on Wednesday. The company has a market cap of $28.13 billion, a PE ratio of 20.70, a price-to-earnings-growth ratio of 2.90 and a beta of 0.60. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. The company has a 50 day simple moving average of $182.97 and a two-hundred day simple moving average of $177.09. Atmos Energy Corporation has a 12 month low of $149.98 and a 12 month high of $192.51.

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 the consensus estimate of $3.37 by $0.10. The firm had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same period in the prior year, the firm earned $3.03 EPS. 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 earnings per share for the current year.

Atmos Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th will be given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, May 26th. Atmos Energy’s dividend payout ratio (DPR) 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.