Atmos Energy Corporation $ATO Shares Sold by Reaves W H & Co. Inc.

Reaves W H & Co. Inc. lowered its stake in shares of Atmos Energy Corporation (NYSE:ATO) by 66.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,186 shares of the utilities provider’s stock after selling 207,834 shares during the quarter. Reaves W H & Co. Inc. owned about 0.07% of Atmos Energy worth $17,961,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. W.H. Cornerstone Investments Inc. lifted its holdings in shares of Atmos Energy by 16.7% during the second quarter. W.H. Cornerstone Investments Inc. now owns 7,625 shares of the utilities provider’s stock worth $1,175,000 after buying an additional 1,093 shares during the last quarter. SG Americas Securities LLC raised its stake in Atmos Energy by 206.8% during the 3rd quarter. SG Americas Securities LLC now owns 26,925 shares of the utilities provider’s stock valued at $4,597,000 after purchasing an additional 18,148 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Atmos Energy by 33.8% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 18,332 shares of the utilities provider’s stock valued at $3,130,000 after purchasing an additional 4,636 shares during the period. Allstate Corp acquired a new stake in Atmos Energy in the 3rd quarter worth $961,000. Finally, Blair William & Co. IL increased its holdings in shares of Atmos Energy by 8.4% during the 2nd quarter. Blair William & Co. IL now owns 1,970 shares of the utilities provider’s stock worth $304,000 after purchasing an additional 152 shares during the period. 90.17% of the stock is owned by institutional investors and hedge funds.

Atmos Energy Stock Up 0.0%

ATO opened at $171.43 on Tuesday. The firm has a market cap of $28.36 billion, a price-to-earnings ratio of 22.26, a PEG ratio of 2.98 and a beta of 0.75. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.02 and a current ratio of 1.13. The firm’s 50-day simple moving average is $168.42 and its 200-day simple moving average is $168.95. Atmos Energy Corporation has a twelve month low of $140.85 and a twelve month high of $180.65.

Atmos Energy (NYSE:ATO) last released its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.41 by $0.03. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.21 billion. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. During the same period in the previous year, the business earned $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Equities research analysts anticipate that Atmos Energy Corporation will post 7.18 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Shareholders of record on Monday, February 23rd will be paid a $1.00 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. Atmos Energy’s payout ratio is currently 51.95%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ATO shares. Zacks Research raised Atmos Energy to a “hold” rating in a research report on Tuesday, November 18th. Morgan Stanley reissued an “underperform” rating and set a $180.00 price objective on shares of Atmos Energy in a report on Wednesday, January 21st. Bank of America reaffirmed a “neutral” rating and issued a $185.00 target price (up from $182.00) on shares of Atmos Energy in a research report on Thursday, October 16th. Mizuho lifted their price target on shares of Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. Finally, Barclays boosted their price target on shares of Atmos Energy from $165.00 to $167.00 and gave the company an “equal weight” rating in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Atmos Energy currently has a consensus rating of “Hold” and a consensus target price of $174.33.

Insider Activity at Atmos Energy

In other news, Director Sean Donohue sold 450 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $171.15, for a total value of $77,017.50. Following the completion of the sale, the director directly owned 877 shares in the company, valued at approximately $150,098.55. This trade represents a 33.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.43% of the company’s stock.

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.