Atmos Energy Corporation $ATO Stock Holdings Lowered by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. reduced its holdings in Atmos Energy Corporation (NYSE:ATO) by 12.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 265,871 shares of the utilities provider’s stock after selling 37,309 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Atmos Energy were worth $44,568,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Checchi Capital Advisers LLC raised its holdings in shares of Atmos Energy by 3.9% in the 4th 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 in the last quarter. MGO One Seven LLC raised its holdings in shares of Atmos Energy by 4.3% in the 4th 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 in the last quarter. Horizon Investments LLC raised its holdings in shares of Atmos Energy by 1.2% in the 4th quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock worth $912,000 after purchasing an additional 67 shares in the last quarter. PAX Financial Group LLC raised its holdings in shares of Atmos Energy by 2.3% in the 3rd 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 in the last quarter. Finally, Buckhead Capital Management LLC raised its holdings in shares of Atmos Energy by 1.1% in the 4th 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 in the last quarter. 90.17% of the stock is currently owned by institutional investors.

Atmos Energy Stock Performance

ATO stock opened at $168.96 on Monday. 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 $28.20 billion, a price-to-earnings ratio of 20.76, a P/E/G ratio of 2.94 and a beta of 0.60. Atmos Energy Corporation has a 12 month low of $149.98 and a 12 month high of $192.51. The firm has a 50 day moving average of $183.33 and a two-hundred day moving average of $177.17.

Atmos Energy (NYSE:ATO) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping the consensus estimate of $3.37 by $0.10. The company had revenue of $1.96 billion during 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 previous year, the firm posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, equities analysts anticipate that Atmos Energy Corporation will post 8.44 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Tuesday, May 26th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, May 26th. Atmos Energy’s dividend payout ratio is currently 49.14%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ATO. Mizuho cut their price target on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday. TD Cowen boosted their price target on shares of Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday, May 15th. Barclays boosted their price target on shares of Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a report on Wednesday, April 8th. Morgan Stanley set a $183.00 price target on shares of Atmos Energy in a report on Thursday, May 21st. Finally, Citigroup boosted their price target on shares of Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a 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. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $181.90.

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.