Targeted Financial Services LLC Invests $837,000 in Atmos Energy Corporation $ATO

Targeted Financial Services LLC bought a new position in shares of Atmos Energy Corporation (NYSE:ATOFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,994 shares of the utilities provider’s stock, valued at approximately $837,000. Atmos Energy accounts for about 0.7% of Targeted Financial Services LLC’s holdings, making the stock its 21st largest holding.

Several other large investors have also recently bought and sold shares of ATO. TABR Capital Management LLC purchased a new stake in shares of Atmos Energy during the 4th quarter worth approximately $1,096,000. Swiss Life Asset Management Ltd boosted its stake in shares of Atmos Energy by 133.1% during the third quarter. Swiss Life Asset Management Ltd now owns 39,904 shares of the utilities provider’s stock worth $6,814,000 after buying an additional 22,784 shares during the period. Allspring Global Investments Holdings LLC lifted its position in Atmos Energy by 12.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 182,173 shares of the utilities provider’s stock worth $30,853,000 after acquiring an additional 20,408 shares during the period. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Atmos Energy during the fourth quarter worth $34,582,000. Finally, Principal Financial Group Inc. lifted its stake in shares of Atmos Energy by 30.9% in the 4th quarter. Principal Financial Group Inc. now owns 486,229 shares of the utilities provider’s stock worth $81,507,000 after acquiring an additional 114,836 shares during the period. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Atmos Energy Stock Down 0.1%

Shares of NYSE ATO opened at $169.98 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. Atmos Energy Corporation has a 12-month low of $149.98 and a 12-month high of $192.51. The company has a market cap of $28.37 billion, a P/E ratio of 20.88, a P/E/G ratio of 2.96 and a beta of 0.60. The stock has a fifty day moving average price of $178.50 and a 200 day moving average price of $176.45.

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 the consensus estimate of $3.37 by $0.10. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the firm posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Research analysts anticipate that Atmos Energy Corporation will post 8.43 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Tuesday, May 26th were paid a dividend of $1.00 per share. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 annualized dividend and a yield of 2.4%. Atmos Energy’s dividend payout ratio is 49.14%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ATO. Truist Financial decreased their target price on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. Citigroup boosted their price target on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Weiss Ratings cut Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. Barclays increased their price objective on shares of Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Finally, Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a report on Friday. One analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $181.90.

Read Our Latest Analysis on Atmos Energy

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.

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

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