Partners Group Holding AG Sells 29,938 Shares of Atmos Energy Corporation $ATO

Partners Group Holding AG lowered its position in Atmos Energy Corporation (NYSE:ATOFree Report) by 11.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 241,751 shares of the utilities provider’s stock after selling 29,938 shares during the period. Atmos Energy accounts for about 2.7% of Partners Group Holding AG’s investment portfolio, making the stock its 12th largest holding. Partners Group Holding AG owned about 0.15% of Atmos Energy worth $40,525,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Atmos Energy by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 21,032,554 shares of the utilities provider’s stock worth $3,525,687,000 after buying an additional 276,485 shares during the last quarter. Capital International Investors boosted its stake in Atmos Energy by 3.4% during the 3rd quarter. Capital International Investors now owns 10,965,840 shares of the utilities provider’s stock valued at $1,872,162,000 after purchasing an additional 359,780 shares during the last quarter. State Street Corp boosted its stake in Atmos Energy by 3.5% during the 3rd quarter. State Street Corp now owns 10,630,522 shares of the utilities provider’s stock valued at $1,815,162,000 after purchasing an additional 356,942 shares during the last quarter. Bank of America Corp DE boosted its stake in Atmos Energy by 2.3% during the 3rd quarter. Bank of America Corp DE now owns 3,737,053 shares of the utilities provider’s stock valued at $638,102,000 after purchasing an additional 84,786 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Atmos Energy by 0.6% during the 3rd quarter. Invesco Ltd. now owns 3,099,360 shares of the utilities provider’s stock valued at $529,216,000 after purchasing an additional 17,022 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on ATO shares. Citigroup increased their target price on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Barclays increased their target price on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Wall Street Zen downgraded Atmos Energy from a “hold” rating to a “sell” rating in a research note on Monday. TD Cowen raised their price target on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research note on Friday. Finally, Truist Financial dropped their price target on Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, Atmos Energy presently has an average rating of “Hold” and a consensus price target of $182.70.

Check Out Our Latest Report on ATO

Atmos Energy Stock Performance

ATO stock opened at $178.02 on Wednesday. The company has a market cap of $29.72 billion, a P/E ratio of 21.87, a price-to-earnings-growth ratio of 3.09 and a beta of 0.65. Atmos Energy Corporation has a 1 year low of $149.98 and a 1 year high of $192.51. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89. The stock’s fifty day moving average price is $184.98 and its 200-day moving average price is $177.10.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same period last year, the business posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities analysts forecast that Atmos Energy Corporation will post 8.48 earnings per share for the current year.

Atmos Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, May 26th. Atmos Energy’s dividend payout ratio (DPR) is 49.14%.

About Atmos Energy

(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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