Targeted Financial Services LLC Acquires New Shares in Atmos Energy Corporation $ATO

Targeted Financial Services LLC purchased a new stake in shares of Atmos Energy Corporation (NYSE:ATO) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,994 shares of the utilities provider’s stock, valued at approximately $837,000. Atmos Energy comprises about 0.7% of Targeted Financial Services LLC’s portfolio, making the stock its 21st biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of ATO. Compound Planning Inc. lifted its position in Atmos Energy by 3.6% during the fourth quarter. Compound Planning Inc. now owns 1,654 shares of the utilities provider’s stock valued at $277,000 after purchasing an additional 58 shares in the last quarter. Checchi Capital Advisers LLC boosted its position in shares of Atmos Energy by 3.9% during the fourth quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock worth $265,000 after acquiring an additional 60 shares during the last quarter. MGO One Seven LLC grew its position in shares of Atmos Energy by 4.3% during the fourth quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock valued at $254,000 after purchasing an additional 62 shares in the last quarter. Horizon Investments LLC grew its holdings in Atmos Energy by 1.2% during the 4th quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock valued at $912,000 after buying an additional 67 shares in the last quarter. Finally, Buckhead Capital Management LLC grew its holdings 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 valued at $1,118,000 after purchasing an additional 71 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Atmos Energy Trading Down 0.1%

NYSE ATO opened at $169.98 on Friday. The company has a market capitalization of $28.37 billion, a PE ratio of 20.88, a P/E/G ratio of 2.96 and a beta of 0.60. The company has a fifty day moving average of $178.50 and a 200 day moving average of $176.45. 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 Corporation has a 1 year low of $149.98 and a 1 year high of $192.51.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate 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 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 8.43 earnings per share for the current year.

Atmos Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. Atmos Energy’s payout ratio is presently 49.14%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ATO. Truist Financial cut their target price on 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 target price on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. Morgan Stanley set a $183.00 price objective on shares of Atmos Energy in a research note on Thursday, May 21st. Finally, Wall Street Zen cut shares of Atmos Energy from a “hold” rating to a “sell” rating in a report on Friday. One analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, Atmos Energy has an average rating of “Hold” and a consensus price target of $181.90.

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.