Atmos Energy Corporation $ATO Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its position in Atmos Energy Corporation (NYSE:ATOFree Report) by 13.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,257 shares of the utilities provider’s stock after purchasing an additional 3,694 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Atmos Energy were worth $5,240,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. SG Americas Securities LLC boosted its position in shares of Atmos Energy by 206.8% in 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 period. Allstate Corp acquired a new stake in shares of Atmos Energy in the 3rd quarter valued at about $961,000. Oregon Public Employees Retirement Fund boosted its position in shares of 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. Swiss Life Asset Management Ltd boosted its position in shares of Atmos Energy by 133.1% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 39,904 shares of the utilities provider’s stock valued at $6,814,000 after purchasing an additional 22,784 shares during the period. Finally, Calton & Associates Inc. acquired a new stake in shares of Atmos Energy in the 3rd quarter valued at about $901,000. 90.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ATO has been the subject of a number of research analyst reports. Wall Street Zen raised Atmos Energy from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Weiss Ratings raised Atmos Energy from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday. Citigroup upped their target price on Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Barclays increased their price objective on Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Finally, Morgan Stanley set a $192.00 price objective on Atmos Energy in a research report on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $179.00.

Read Our Latest Stock Analysis on Atmos Energy

Atmos Energy Stock Down 0.1%

Atmos Energy stock opened at $186.35 on Tuesday. Atmos Energy Corporation has a twelve month low of $149.98 and a twelve month high of $192.51. The stock has a 50 day moving average of $184.41 and a two-hundred day moving average of $176.09. The company has a current ratio of 1.13, a quick ratio of 1.02 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $30.83 billion, a price-to-earnings ratio of 24.20, a PEG ratio of 3.22 and a beta of 0.69.

Atmos Energy (NYSE:ATOGet Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share 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 company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period last year, the firm earned $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, research analysts expect that Atmos Energy Corporation will post 8.26 earnings per share for the current year.

Atmos Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, February 23rd were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Monday, February 23rd. Atmos Energy’s dividend payout ratio (DPR) is presently 51.95%.

Atmos Energy Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Atmos Energy (NYSE:ATO)

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