SG Americas Securities LLC Sells 6,322 Shares of Atmos Energy Corporation $ATO

SG Americas Securities LLC reduced its holdings in shares of Atmos Energy Corporation (NYSE:ATOFree Report) by 8.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,855 shares of the utilities provider’s stock after selling 6,322 shares during the period. SG Americas Securities LLC’s holdings in Atmos Energy were worth $13,088,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Brighton Jones LLC acquired a new position in shares of Atmos Energy in the 4th quarter valued at about $233,000. Integrated Wealth Concepts LLC grew its stake in Atmos Energy by 10.8% during the first quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock worth $490,000 after purchasing an additional 308 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in 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 purchasing an additional 1,331 shares in the last quarter. Empowered Funds LLC increased its holdings in 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 purchasing an additional 245 shares in the last quarter. Finally, Woodline Partners LP lifted its stake in Atmos Energy by 43.9% in the first quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock valued at $2,073,000 after buying an additional 4,088 shares during the period. 90.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ATO has been the topic of a number of research analyst reports. Barclays increased their price target on Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 8th. Mizuho dropped their target price on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research report on Friday, May 29th. Morgan Stanley set a $190.00 target price on shares of Atmos Energy in a research note on Wednesday. Weiss Ratings cut shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. Finally, Truist Financial decreased their price target on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research note on Monday, May 18th. One research analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $182.60.

Read Our Latest Research Report on Atmos Energy

Atmos Energy Stock Performance

Shares of ATO opened at $174.68 on Friday. The firm has a market capitalization of $29.16 billion, a P/E ratio of 21.46, a P/E/G ratio of 3.01 and a beta of 0.60. Atmos Energy Corporation has a 52 week low of $149.98 and a 52 week high of $192.51. The stock has a 50 day moving average price of $176.85 and a two-hundred day moving average price of $176.50. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00.

Atmos Energy (NYSE:ATOGet Free Report) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.10. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same quarter last year, the company earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities analysts forecast that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, May 26th. Atmos Energy’s payout ratio is currently 49.14%.

Atmos Energy Company 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.

Further Reading

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

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