Atmos Energy Corporation $ATO Holdings Lowered by Pictet Asset Management Holding SA

Key Points

• Pictet Asset Management trimmed its stake in Atmos Energy by 2.7%, selling 29,357 shares to hold 1,059,841 shares (about 0.66% of the company) worth roughly $177.7 million, and institutional investors now own about 90.17% of the stock.
• Wall Street's consensus rating is Hold with an average price target of $181.11 after mixed analyst moves (two Strong Buy, ten Hold).
• Atmos recently beat quarterly EPS ($2.44 vs. $2.41) and revenue, set FY2026 guidance of $8.15–$8.35 EPS, trades near $185.67, and pays a $4.00 annual dividend (about a 2.2% yield).

Pictet Asset Management Holding SA trimmed its stake in shares of Atmos Energy Corporation (NYSE:ATO - Free Report) by 2.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,059,841 shares of the utilities provider's stock after selling 29,357 shares during the quarter. Pictet Asset Management Holding SA owned about 0.66% of Atmos Energy worth $177,667,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Checchi Capital Advisers LLC raised its position in shares of Atmos Energy by 3.9% during the 4th quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider's stock worth $265,000 after buying an additional 60 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of 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 buying an additional 65 shares in the last quarter. Little House Capital LLC raised its position in shares of Atmos Energy by 0.6% during the 3rd 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% during the 3rd quarter. PAX Financial Group LLC now owns 3,178 shares of the utilities provider's stock worth $543,000 after buying an additional 70 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC raised its position in shares of Atmos Energy by 8.9% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 868 shares of the utilities provider's stock worth $148,000 after buying an additional 71 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ATO has been the topic of a number of research reports. Morgan Stanley dropped their target price on shares of Atmos Energy from $197.00 to $195.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 21st. Wall Street Zen upgraded shares of Atmos Energy from a "sell" rating to a "hold" rating in a report on Saturday, March 7th. Citigroup boosted their target price on shares of Atmos Energy from $163.00 to $182.00 and gave the stock a "neutral" rating in a report on Tuesday, January 13th. Weiss Ratings upgraded shares of Atmos Energy from a "buy (b+)" rating to a "buy (a-)" rating in a report on Thursday, April 16th. Finally, Barclays boosted their target price on shares of Atmos Energy from $167.00 to $184.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 8th. Two equities research analysts have rated the stock with a Strong Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $181.11.

Atmos Energy Trading Up 0.1%

Atmos Energy stock opened at $185.67 on Tuesday. The company has a 50 day moving average price of $185.17 and a 200 day moving average price of $176.48. Atmos Energy Corporation has a 52 week low of $149.98 and a 52 week high of $192.51. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.02 and a current ratio of 1.13. The firm has a market capitalization of $30.72 billion, a price-to-earnings ratio of 24.11, a P/E/G ratio of 3.19 and a beta of 0.69.

Atmos Energy (NYSE:ATO - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, topping analysts' consensus estimates of $2.41 by $0.03. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same quarter last year, the business posted $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Research analysts forecast that Atmos Energy Corporation will post 8.28 EPS for the current year.

Atmos Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, February 23rd were paid a $1.00 dividend. The ex-dividend date of this dividend 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 (DPR) is currently 51.95%.

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.

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