Assenagon Asset Management S.A. Sells 96,835 Shares of Atmos Energy Corporation $ATO

Assenagon Asset Management S.A. decreased its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 45.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,386 shares of the utilities provider’s stock after selling 96,835 shares during the quarter. Assenagon Asset Management S.A. owned 0.07% of Atmos Energy worth $19,175,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Diversified Trust Co. increased its holdings in shares of Atmos Energy by 23.5% in the 4th quarter. Diversified Trust Co. now owns 4,030 shares of the utilities provider’s stock worth $676,000 after buying an additional 767 shares during the last quarter. TABR Capital Management LLC bought a new stake in shares of Atmos Energy during the 4th quarter worth $1,096,000. 180 Wealth Advisors LLC lifted its holdings in shares of Atmos Energy by 24.3% during the 4th quarter. 180 Wealth Advisors LLC now owns 4,912 shares of the utilities provider’s stock worth $823,000 after acquiring an additional 961 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Atmos Energy by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 28,084 shares of the utilities provider’s stock worth $4,705,000 after acquiring an additional 198 shares in the last quarter. Finally, Nordea Investment Management AB grew its position in Atmos Energy by 2.4% in the fourth quarter. Nordea Investment Management AB now owns 9,406 shares of the utilities provider’s stock worth $1,580,000 after acquiring an additional 217 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors.

Atmos Energy Stock Performance

Atmos Energy stock opened at $183.15 on Friday. The firm has a fifty day simple moving average of $177.97 and a two-hundred day simple moving average of $173.39. The company has a quick ratio of 1.02, a current ratio of 1.13 and a debt-to-equity ratio of 0.67. Atmos Energy Corporation has a twelve month low of $141.59 and a twelve month high of $190.13. The company has a market capitalization of $30.30 billion, a PE ratio of 23.79, a P/E/G ratio of 3.14 and a beta of 0.74.

Atmos Energy (NYSE:ATO) last announced 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 analysts’ expectations of $1.21 billion. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.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. Research analysts expect that Atmos Energy Corporation will post 7.18 EPS for the current year.

Atmos Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, February 23rd were given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.2%. The ex-dividend date was Monday, February 23rd. Atmos Energy’s dividend payout ratio (DPR) is presently 51.95%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Mizuho raised their price target on Atmos Energy from $170.00 to $180.00 and gave the company a “neutral” rating in a research report on Tuesday, December 2nd. Barclays upped their price objective on Atmos Energy from $165.00 to $167.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 27th. Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Morgan Stanley set a $192.00 price objective on Atmos Energy in a report on Friday, February 20th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a research report on Monday, December 29th. 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.com, the company presently has a consensus rating of “Hold” and a consensus price target of $175.67.

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.