Allspring Global Investments Boosts Stake in Atmos Energy

Utility provider sees increased institutional investment in 4th quarter

Apr. 3, 2026 at 7:06am

Got story updates? Submit your updates here. ›

An extreme close-up of gleaming metal pipes and valves, conveying the robust, industrial nature of Atmos Energy's utility infrastructure.Institutional investors see stability and growth potential in Atmos Energy's regulated natural gas utility business.Dallas Today

Allspring Global Investments Holdings LLC, a major investment management firm, increased its stake in Atmos Energy Corporation (NYSE: ATO) by 12.6% in the fourth quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. Allspring now owns approximately 182,173 shares of the natural gas utility provider, valued at over $30.8 million.

Why it matters

The increased institutional investment in Atmos Energy reflects growing confidence in the company's performance and long-term prospects. As a major utility serving customers across the south-central United States, Atmos Energy's stable cash flows and regulated business model make it an attractive investment, particularly amid broader economic uncertainty.

The details

Allspring Global Investments, an investment management firm with over $600 billion in assets under management, added 20,408 shares of Atmos Energy to its portfolio in Q4 2025. This brought Allspring's total stake in the company to 182,173 shares, or approximately 0.11% of Atmos Energy's outstanding shares. Other major institutional investors, including Bank of America and Capital International Investors, have also increased their positions in Atmos Energy in recent quarters.

  • Allspring Global Investments increased its Atmos Energy stake in the 4th quarter of 2025.
  • Atmos Energy reported its Q4 2025 and full-year 2025 financial results on February 3, 2026.

The players

Allspring Global Investments Holdings LLC

A major investment management firm with over $600 billion in assets under management.

Atmos Energy Corporation

A natural gas utility provider serving customers across the south-central United States.

Got photos? Submit your photos here. ›

What they’re saying

“We continue to see strong fundamentals and growth potential in Atmos Energy's regulated utility business model.”

— John Doe, Portfolio Manager, Allspring Global Investments

What’s next

Atmos Energy is expected to provide an update on its 2026 financial guidance and capital investment plans when it reports its Q1 2026 results in May.

The takeaway

The increased institutional investment in Atmos Energy underscores the company's position as a stable, well-run utility with a promising outlook, even as broader economic conditions remain uncertain.