2,824 Shares in Atmos Energy Co. (NYSE:ATO) Bought by Callan Family Office LLC

Callan Family Office LLC acquired a new position in Atmos Energy Co. (NYSE:ATO) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,824 shares of the utilities provider’s stock, valued at approximately $393,000.

Several other large investors also recently modified their holdings of the company. Wellington Management Group LLP grew its holdings in shares of Atmos Energy by 10.8% in the third quarter. Wellington Management Group LLP now owns 13,745,352 shares of the utilities provider’s stock worth $1,906,618,000 after acquiring an additional 1,341,640 shares during the period. State Street Corp lifted its position in Atmos Energy by 3.5% during the third quarter. State Street Corp now owns 10,800,610 shares of the utilities provider’s stock valued at $1,498,153,000 after purchasing an additional 362,594 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Atmos Energy by 3.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 915,695 shares of the utilities provider’s stock valued at $127,529,000 after purchasing an additional 29,745 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Atmos Energy during the fourth quarter valued at $112,002,000. Finally, PNC Financial Services Group Inc. lifted its position in Atmos Energy by 2.2% during the third quarter. PNC Financial Services Group Inc. now owns 636,660 shares of the utilities provider’s stock valued at $88,311,000 after purchasing an additional 13,714 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Price Performance

NYSE:ATO opened at $149.80 on Tuesday. The company has a current ratio of 1.56, a quick ratio of 1.43 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $23.78 billion, a P/E ratio of 21.34, a P/E/G ratio of 2.94 and a beta of 0.67. Atmos Energy Co. has a 12 month low of $110.97 and a 12 month high of $154.55. The business’s 50-day moving average is $144.27 and its 200 day moving average is $141.49.

Atmos Energy (NYSE:ATO) last posted its earnings results on Tuesday, February 4th. The utilities provider reported $2.23 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.03. Atmos Energy had a return on equity of 8.89% and a net margin of 25.90%. On average, equities research analysts forecast that Atmos Energy Co. will post 7.18 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were paid a dividend of $0.87 per share. The ex-dividend date was Tuesday, February 25th. This represents a $3.48 annualized dividend and a yield of 2.32%. Atmos Energy’s payout ratio is currently 49.57%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Bank of America assumed coverage on Atmos Energy in a research report on Friday, December 13th. They set a “buy” rating and a $156.00 target price on the stock. Mizuho lifted their target price on Atmos Energy from $148.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Morgan Stanley lowered their target price on Atmos Energy from $145.00 to $143.00 and set an “overweight” rating on the stock in a research report on Friday, November 22nd. Argus upgraded Atmos Energy from a “hold” rating to a “buy” rating and set a $150.00 target price on the stock in a research report on Friday, December 20th. Finally, StockNews.com downgraded Atmos Energy from a “hold” rating to a “sell” rating in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $148.75.

Atmos Energy Company Profile

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states.