Hudson Bay Capital Management LP bought a new stake in shares of Atmos Energy Corporation (NYSE:ATO – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,090 shares of the utilities provider’s stock, valued at approximately $1,723,000.
Other hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in shares of Atmos Energy during the 3rd quarter valued at $25,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in Atmos Energy during the 3rd quarter valued at about $29,000. SBI Securities Co. Ltd. boosted its holdings in Atmos Energy by 105.4% in the third quarter. SBI Securities Co. Ltd. now owns 191 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 98 shares during the last quarter. Redmont Wealth Advisors LLC purchased a new position in shares of Atmos Energy in the 3rd quarter worth $33,000. Finally, Johnson Financial Group Inc. boosted its position in Atmos Energy by 625.8% in the third quarter. Johnson Financial Group Inc. now owns 225 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 194 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on ATO shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Atmos Energy in a research note on Monday, December 29th. UBS Group upped their price target on Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 17th. Wall Street Zen raised shares of Atmos Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Barclays increased their target price on Atmos Energy from $165.00 to $167.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 27th. Finally, Morgan Stanley set a $192.00 price target on shares of Atmos Energy in a report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $175.67.
Atmos Energy Stock Down 2.3%
NYSE:ATO opened at $180.73 on Monday. The company has a 50-day moving average of $176.92 and a 200 day moving average of $173.05. Atmos Energy Corporation has a 1-year low of $141.59 and a 1-year high of $190.13. The firm has a market cap of $29.90 billion, a PE ratio of 23.47, a price-to-earnings-growth ratio of 3.12 and a beta of 0.74. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 1.02.
Atmos Energy (NYSE:ATO – Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share (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 the consensus estimate 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 last year, the firm earned $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, research analysts anticipate that Atmos Energy Corporation will post 7.18 EPS for the current fiscal year.
Atmos Energy Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, February 23rd were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Monday, February 23rd. Atmos Energy’s dividend payout ratio (DPR) is currently 51.95%.
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.
Further Reading
Receive News & Ratings for Atmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.
