TABR Capital Management LLC Takes $1.10 Million Position in Atmos Energy Corporation $ATO

TABR Capital Management LLC purchased a new position in Atmos Energy Corporation (NYSE:ATO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,538 shares of the utilities provider’s stock, valued at approximately $1,096,000.

Other large investors have also recently made changes to their positions in the company. Checchi Capital Advisers LLC raised its stake in Atmos Energy by 3.9% in the 4th quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock valued at $265,000 after purchasing an additional 60 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Atmos Energy by 30.4% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 279 shares of the utilities provider’s stock worth $48,000 after purchasing an additional 65 shares during the last quarter. Little House Capital LLC grew its holdings in shares of Atmos Energy by 0.6% during the third quarter. Little House Capital LLC now owns 10,733 shares of the utilities provider’s stock worth $1,833,000 after buying an additional 66 shares in the last quarter. PAX Financial Group LLC raised its position in shares of Atmos Energy by 2.3% in the third quarter. PAX Financial Group LLC now owns 3,178 shares of the utilities provider’s stock valued at $543,000 after buying an additional 70 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC raised its position in shares of Atmos Energy by 8.9% in the third quarter. Financial Network Wealth Advisors LLC now owns 868 shares of the utilities provider’s stock valued at $148,000 after buying an additional 71 shares during the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Atmos Energy Price Performance

Atmos Energy stock opened at $182.99 on Wednesday. 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 company has a 50-day moving average price of $184.59 and a 200 day moving average price of $176.18. Atmos Energy Corporation has a 12-month low of $149.98 and a 12-month high of $192.51. The stock has a market cap of $30.27 billion, a P/E ratio of 23.77, a PEG ratio of 3.22 and a beta of 0.69.

Atmos Energy (NYSE:ATO) last posted its earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.41 by $0.03. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the previous year, the business posted $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Sell-side analysts anticipate that Atmos Energy Corporation will post 8.26 earnings per share for the current year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, February 23rd were issued a $1.00 dividend. The ex-dividend date was Monday, February 23rd. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. Atmos Energy’s dividend payout ratio is currently 51.95%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ATO. Morgan Stanley lowered their price target on shares of Atmos Energy from $197.00 to $195.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Citigroup increased their price objective on shares of Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Weiss Ratings upgraded Atmos Energy from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, April 16th. Truist Financial assumed coverage on Atmos Energy in a research report on Tuesday. They issued a “hold” rating and a $195.00 price target for the company. Finally, Wall Street Zen raised Atmos Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Two research analysts have rated the stock with a Strong Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $181.11.

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.