Atmos Energy Corporation $ATO Shares Bought by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management increased its Atmos Energy stake by 328.9% in the second quarter, bringing its holdings to 164,856 shares valued at approximately $28.4 million. Institutional investors collectively own 90.17% of the company.
• Analysts maintain a generally cautious outlook, with a consensus “Hold” rating and an average price target of $189.09. Recent targets range from $183 to $198.
• Atmos Energy beat quarterly earnings expectations, reporting $1.43 in EPS versus $1.35 expected, while issuing fiscal 2026 guidance of $8.40–$8.50 EPS. The company also declared a quarterly dividend of $1.00 per share, representing a 2.3% annual yield.

Assenagon Asset Management S.A. grew its holdings in Atmos Energy Corporation (NYSE:ATO - Free Report) by 328.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 164,856 shares of the utilities provider's stock after acquiring an additional 126,415 shares during the period. Assenagon Asset Management S.A. owned about 0.10% of Atmos Energy worth $28,400,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its position in Atmos Energy by 10.9% during the 2nd quarter. GAMMA Investing LLC now owns 4,172 shares of the utilities provider's stock worth $719,000 after acquiring an additional 409 shares in the last quarter. CoreCap Advisors LLC grew its holdings in Atmos Energy by 24.5% during the 2nd quarter. CoreCap Advisors LLC now owns 3,934 shares of the utilities provider's stock valued at $678,000 after purchasing an additional 774 shares in the last quarter. Versant Capital Management Inc increased its stake in Atmos Energy by 6.3% during the 2nd quarter. Versant Capital Management Inc now owns 1,119 shares of the utilities provider's stock worth $193,000 after buying an additional 66 shares during the period. DV Trading LLC lifted its holdings in Atmos Energy by 455.5% in the 1st quarter. DV Trading LLC now owns 1,111 shares of the utilities provider's stock worth $205,000 after buying an additional 911 shares in the last quarter. Finally, Glenmede Trust Co. NA lifted its holdings in Atmos Energy by 1.6% in the 1st quarter. Glenmede Trust Co. NA now owns 20,947 shares of the utilities provider's stock worth $3,869,000 after buying an additional 329 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ATO. TD Cowen raised their target price on Atmos Energy from $193.00 to $196.00 and gave the company a "hold" rating in a research note on Friday, May 15th. JPMorgan Chase & Co. boosted their price target on Atmos Energy from $196.00 to $198.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 14th. Barclays reduced their price target on Atmos Energy from $184.00 to $183.00 and set an "equal weight" rating for the company in a report on Tuesday, July 14th. Truist Financial raised their price objective on Atmos Energy from $187.00 to $188.00 and gave the company a "hold" rating in a research note on Friday, July 17th. Finally, Weiss Ratings downgraded Atmos Energy from a "buy (b+)" rating to a "buy (b)" rating in a report on Tuesday, June 2nd. Four research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Atmos Energy currently has a consensus rating of "Hold" and an average target price of $189.09.

Atmos Energy Stock Performance

Atmos Energy stock opened at $170.31 on Monday. The company has a market cap of $28.78 billion, a PE ratio of 20.25, a P/E/G ratio of 2.95 and a beta of 0.60. The company has a fifty day moving average price of $173.38 and a two-hundred day moving average price of $178.17. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.81 and a quick ratio of 0.73. Atmos Energy Corporation has a 12 month low of $160.10 and a 12 month high of $192.51.

Atmos Energy (NYSE:ATO - Get Free Report) last issued its earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share for the quarter, topping analysts' consensus estimates of $1.35 by $0.08. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. The company had revenue of $879.06 million for the quarter, compared to analysts' expectations of $900.82 million. During the same period in the prior year, the company earned $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Research analysts expect that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be paid a dividend of $1.00 per share. The ex-dividend date is Monday, August 24th. This represents a $4.00 annualized dividend and a yield of 2.3%. Atmos Energy's dividend payout ratio is 47.56%.

Atmos Energy Company 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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