Atmos Energy Corporation $ATO Shares Bought by Deutsche Bank AG

Deutsche Bank AG lifted its holdings in Atmos Energy Corporation (NYSE:ATO) by 1.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,887,367 shares of the utilities provider’s stock after purchasing an additional 47,860 shares during the period. Deutsche Bank AG’s holdings in Atmos Energy were worth $484,009,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Garner Asset Management Corp bought a new stake in shares of Atmos Energy during the 4th quarter valued at about $25,000. JFS Wealth Advisors LLC lifted its holdings in Atmos Energy by 85.9% in the fourth quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 73 shares during the last quarter. Kingdom Financial Group LLC. acquired a new position in Atmos Energy in the fourth quarter valued at approximately $26,000. Princeton Global Asset Management LLC boosted its stake in Atmos Energy by 270.2% in the fourth quarter. Princeton Global Asset Management LLC now owns 174 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 127 shares during the period. Finally, Elevated Capital Advisors LLC acquired a new position in Atmos Energy in the fourth quarter valued at approximately $32,000. 90.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ATO shares. Mizuho decreased their target price on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Morgan Stanley set a $183.00 target price on Atmos Energy in a research note on Thursday, May 21st. Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research note on Thursday. Barclays lifted their target price on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Finally, Weiss Ratings downgraded Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Atmos Energy presently has a consensus rating of “Hold” and an average price target of $181.90.

Atmos Energy Stock Performance

ATO opened at $169.32 on Thursday. The business’s 50 day moving average is $181.06 and its 200-day moving average is $176.74. The stock has a market cap of $28.26 billion, a PE ratio of 20.80, a price-to-earnings-growth ratio of 2.91 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. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve 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 analysts’ consensus estimates of $3.37 by $0.10. The company 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 quarter in the previous year, the company posted $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, analysts predict that Atmos Energy Corporation will post 8.43 earnings per share for the current year.

Atmos Energy Dividend Announcement

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