Atmos Energy Corporation $ATO Stock Bought by Mather Group LLC.

Mather Group LLC. increased its position in shares of Atmos Energy Corporation (NYSE:ATO) by 7.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 89,212 shares of the utilities provider’s stock after acquiring an additional 5,920 shares during the period. Mather Group LLC.’s holdings in Atmos Energy were worth $14,688,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Frazier Financial Advisors LLC purchased a new stake in Atmos Energy in the 2nd quarter worth approximately $25,000. Continuum Advisory LLC purchased a new position in shares of Atmos Energy during the 2nd quarter valued at $25,000. Elevation Wealth Partners LLC grew its position in shares of Atmos Energy by 627.3% during the 2nd quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 138 shares in the last quarter. Pin Oak Investment Advisors Inc. purchased a new position in shares of Atmos Energy during the 2nd quarter valued at $28,000. Finally, Downshift Financial LLC increased its holdings in shares of Atmos Energy by 2,514.3% in the third quarter. Downshift Financial LLC now owns 183 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 176 shares during the period. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Stock Up 0.3%

ATO opened at $163.89 on Thursday. The stock has a market cap of $27.70 billion, a PE ratio of 19.51, a P/E/G ratio of 2.64 and a beta of 0.57. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.64. Atmos Energy Corporation has a 52 week low of $154.72 and a 52 week high of $192.51. The business’s fifty day simple moving average is $164.27 and its 200 day simple moving average is $173.34.

Atmos Energy (NYSE:ATO) last released its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.08. The business had revenue of $879.06 million for the quarter, compared to the consensus estimate of $900.82 million. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%. During the same quarter last year, the business posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, research analysts expect that Atmos Energy Corporation will post 8.47 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Monday, August 24th. Atmos Energy’s payout ratio is presently 47.62%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ATO shares. Barclays lowered their price objective on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 14th. Truist Financial reduced their target price on Atmos Energy from $188.00 to $179.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $180.00 target price (down from $198.00) on shares of Atmos Energy in a research note on Friday, September 11th. Argus reaffirmed a “buy” rating and issued a $185.00 price target on shares of Atmos Energy in a report on Tuesday, October 6th. Finally, Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a report on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $183.58.

Insider Buying and Selling at Atmos Energy

In other Atmos Energy news, Director William Ware acquired 300 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $167.59 per share, with a total value of $50,277.00. Following the purchase, the director owned 488 shares of the company’s stock, valued at approximately $81,783.92. This trade represents a 159.57% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.43% of the company’s stock.

Atmos Energy Profile

Atmos Energy Corporation is a regulated natural gas distribution and pipeline company headquartered in Dallas, Texas. The company delivers natural gas to residential, commercial, industrial and institutional customers and is one of the largest natural gas distributors in the United States.

Atmos Energy operates through two primary businesses: natural gas distribution and pipeline and storage operations. Its distribution activities include acquiring, transporting, storing and delivering natural gas, while its pipeline operations provide transportation and storage services and support the company’s distribution network.

The company serves customers across eight states, including Texas, Louisiana, Mississippi, Colorado, Kansas, Kentucky, Tennessee and Virginia.