Silvercrest Asset Management Group 13F: Cuts ATO Stake by $3.1M

Silvercrest Trims Atmos Energy Position

Silvercrest Asset Management Group pared back its investment in Atmos Energy Corporation (NYSE:ATO) during the period, according to a Form 13F filing with the Securities and Exchange Commission. The filing reflects holdings as of the reporting period and may not represent the investor's current position today. The firm sold 17,978 shares during the quarter, resulting in a 2.5% decrease from its previous holding of 725,203 shares.

Following the adjustment, Silvercrest owned 707,225 shares of the regulated utility company. Based on market prices around the filing date, that remaining stake carried a value of about $121.8 million.

Atmos Energy Stock Performance and Valuation

Atmos Energy shares recently changed hands around $172.27, trading below their 52-week high of $192.51 and above the 52-week low of $158.15. The company carries a market capitalization of roughly $26.75 billion and has a P/E ratio of 18.9. Its forward P/E ratio sits at 17.5. The stock's 50-day moving average rests near $170.45, while its 200-day moving average is closer to $175.02.

Recent Dividend Payouts

Atmos Energy rewards shareholders with an annual dividend rate of $4.00 per share, giving the stock a dividend yield of 2.5%. That payout is supported by a dividend payout ratio of 46.1%, meaning the company uses less than half of its earnings to cover the distribution.

Analysts Set New Price Targets

Wall Street firms maintain varied perspectives on Atmos Energy, with a current consensus recommendation of hold derived from 11 analyst opinions. The average price target stands at $185.55, with individual targets stretching from a low of $170.00 up to a high of $206.00. On October 15, 2026, Truist Securities maintained its hold rating while lowering its price target from $179.00 to $174.00. Earlier in October, Argus Research reiterated a buy rating on the stock with an unchanging price target of $185.00.

Inside Atmos Energy Corporation

Headquartered in Dallas, Texas, Atmos Energy Corporation operates as a regulated natural gas distributor and pipeline operator across several states. The company serves roughly 3.4 million residential, commercial, public authority, and industrial customers through an extensive network of underground distribution and transmission mains. It also manages several underground storage facilities in Texas to handle natural gas transport and storage services.

Looking Ahead for Institutional Filings

Institutional investors like Silvercrest continue to adjust their utility sector holdings as market conditions shift. Investors tracking Atmos Energy can look forward to the company's next quarterly earnings report, which is scheduled for release on November 4, 2026. Because 13F filings look backward at completed quarters, these reports show past portfolio adjustments rather than live trading activity.