Atmos Energy Corporation $ATO Stock Bought by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA boosted its holdings in Atmos Energy Corporation (NYSE:ATO – Free Report) by 2.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,296,349 shares of the utilities provider’s stock after purchasing an additional 25,949 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Atmos Energy were worth $202,801,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Alps Advisors Inc. grew its holdings in Atmos Energy by 7.0% during the 3rd quarter. Alps Advisors Inc. now owns 8,616 shares of the utilities provider’s stock valued at $1,348,000 after buying an additional 566 shares in the last quarter. Allegiance Financial Group Advisory Services LLC purchased a new position in shares of Atmos Energy in the third quarter worth $289,000. Kestra Advisory Services LLC lifted its holdings in shares of Atmos Energy by 33.3% in the third quarter. Kestra Advisory Services LLC now owns 9,632 shares of the utilities provider’s stock worth $1,507,000 after buying an additional 2,407 shares in the last quarter. Claro Advisors Inc. purchased a new position in shares of Atmos Energy in the third quarter worth $226,000. Finally, QTR Family Wealth LLC lifted its holdings in shares of Atmos Energy by 41.7% in the third quarter. QTR Family Wealth LLC now owns 2,103 shares of the utilities provider’s stock worth $329,000 after buying an additional 619 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Atmos Energy

In other Atmos Energy news, Director William Ware bought 300 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average cost of $167.59 per share, with a total value of $50,277.00. Following the completion of the acquisition, the director owned 488 shares in the company, valued at $81,783.92. This trade represents a 159.57% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.43% of the company’s stock.

Atmos Energy Price Performance

Shares of Atmos Energy stock opened at $173.28 on Friday. The firm has a market cap of $29.28 billion, a PE ratio of 20.36, a PEG ratio of 2.75 and a beta of 0.56. The stock has a 50 day moving average of $164.84 and a 200 day moving average of $174.24. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. Atmos Energy Corporation has a 12 month low of $154.72 and a 12 month high of $192.51.

Atmos Energy (NYSE:ATO – Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The utilities provider reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.14 by $0.03. The business had revenue of $837.00 million for the quarter, compared to the consensus estimate of $873.77 million. Atmos Energy had a return on equity of 9.63% and a net margin of 28.50%. During the same quarter in the previous year, the company posted $1.07 EPS. On average, research analysts expect that Atmos Energy Corporation will post 9.10 EPS for the current fiscal year.

Atmos Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 7th. Stockholders of record on Monday, November 23rd will be given a dividend of $1.09 per share. The ex-dividend date is Monday, November 23rd. This represents a $4.36 dividend on an annualized basis and a dividend yield of 2.5%. This is an increase from Atmos Energy’s previous quarterly dividend of $1.00. Atmos Energy’s dividend payout ratio is currently 47.00%.

Key Headlines Impacting Atmos Energy

Here are the key news stories impacting Atmos Energy this week:

  • Positive Sentiment: Wells Fargo reiterated its Overweight rating and set a $201 price target, about 16% above the cited share price—an endorsement that may support investor sentiment. Wells Fargo rating
  • Positive Sentiment: Atmos reported fiscal Q4 EPS of $1.17, beating the $1.14 consensus and rising from $1.07 a year earlier. Coverage attributed the beat to higher rates and operating strength. Q4 earnings report
  • Positive Sentiment: The company plans $29 billion in capital spending over five years and is targeting 6%–8% EPS growth from the fiscal 2027 midpoint, signaling continued infrastructure investment and earnings growth ambitions. Five-year investment plan
  • Positive Sentiment: Atmos raised its quarterly dividend 9%, from $1.00 to $1.09 per share, indicating a higher shareholder payout. Dividend increase
  • Neutral Sentiment: Fiscal Q4 revenue was $837 million, below analyst expectations of roughly $874 million. The earnings beat was therefore not matched by revenue. Quarterly results

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on ATO shares. Morgan Stanley upped their target price on shares of Atmos Energy from $179.00 to $182.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 21st. Wall Street Zen upgraded shares of Atmos Energy from a “sell” rating to a “hold” rating in a report on Saturday. Barclays reduced their price target on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 14th. Weiss Ratings cut shares of Atmos Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, October 28th. Finally, Jefferies Financial Group dropped their price objective on shares of Atmos Energy from $173.00 to $167.00 and set a “hold” rating for the company in a report on Thursday, October 1st. Three analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $183.36.

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

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