Assetmark Inc. Grows Position in Atmos Energy Corporation $ATO

Assetmark Inc. boosted its holdings in Atmos Energy Corporation (NYSE:ATO) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 110,317 shares of the utilities provider’s stock after buying an additional 3,115 shares during the quarter. Assetmark Inc. owned 0.07% of Atmos Energy worth $18,837,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC bought a new position in Atmos Energy during the fourth quarter valued at approximately $233,000. Integrated Wealth Concepts LLC lifted its holdings in shares of Atmos Energy by 10.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock valued at $490,000 after buying an additional 308 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Atmos Energy by 8.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock worth $2,676,000 after acquiring an additional 1,331 shares during the period. Empowered Funds LLC grew its holdings in shares of Atmos Energy by 8.5% in the first quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock worth $482,000 after acquiring an additional 245 shares during the period. Finally, Woodline Partners LP increased its position in Atmos Energy by 43.9% during the first quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock valued at $2,073,000 after acquiring an additional 4,088 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Analyst Ratings Changes

ATO has been the topic of several research reports. Citigroup raised their target price on Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Atmos Energy in a research note on Monday, December 29th. Barclays boosted their target price on shares of Atmos Energy from $165.00 to $167.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 27th. Wall Street Zen downgraded shares of Atmos Energy from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Atmos Energy has an average rating of “Hold” and a consensus target price of $174.33.

Atmos Energy Stock Up 0.8%

Shares of ATO stock opened at $179.16 on Friday. 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 Corporation has a one year low of $141.59 and a one year high of $180.65. The company’s fifty day moving average price is $168.89 and its 200-day moving average price is $169.44. The company has a market capitalization of $29.64 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 3.12 and a beta of 0.75.

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

Atmos Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, February 23rd will be given a dividend of $1.00 per share. The ex-dividend date is Monday, February 23rd. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.2%. Atmos Energy’s dividend payout ratio is currently 51.95%.

Insiders Place Their Bets

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

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.