Healthcare of Ontario Pension Plan Trust Fund Has $1.92 Million Stock Position in Atmos Energy Corporation $ATO

Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Atmos Energy Corporation (NYSE:ATOFree Report) by 63.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,393 shares of the utilities provider’s stock after buying an additional 4,048 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Atmos Energy were worth $1,920,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

ATO has been the topic of a number of research analyst reports. Barclays lowered their price objective on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 14th. Wall Street Zen upgraded shares of Atmos Energy from a “sell” rating to a “hold” rating in a research report on Sunday, July 26th. Wells Fargo & Company started coverage on shares of Atmos Energy in a research note on Monday, July 13th. They set an “overweight” rating and a $200.00 target price for the company. Argus lowered their price target on shares of Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a report on Thursday, July 2nd. Finally, TD Cowen upped their price target on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research note on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $186.92.

Read Our Latest Analysis on Atmos Energy

Atmos Energy Stock Performance

ATO stock opened at $173.12 on Friday. The firm has a 50 day moving average of $173.65 and a two-hundred day moving average of $178.01. Atmos Energy Corporation has a 12 month low of $154.55 and a 12 month high of $192.51. The company has a market capitalization of $28.90 billion, a price-to-earnings ratio of 21.27, a P/E/G ratio of 3.03 and a beta of 0.60. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65.

Atmos Energy (NYSE:ATOGet Free Report) last released its quarterly 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 business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. During the same quarter last year, the firm earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, equities analysts anticipate that Atmos Energy Corporation will post 8.44 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

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

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.

Further Reading

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

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