Curated Wealth Partners LLC Sells 268,700 Shares of Atmos Energy Corporation $ATO

Curated Wealth Partners LLC reduced its position in Atmos Energy Corporation (NYSE:ATO) by 96.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,692 shares of the utilities provider’s stock after selling 268,700 shares during the quarter. Curated Wealth Partners LLC’s holdings in Atmos Energy were worth $1,360,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Atmos Energy in the 2nd quarter valued at $2,624,975,000. Bank of America Corp DE lifted its stake in Atmos Energy by 11.0% during the first quarter. Bank of America Corp DE now owns 4,199,433 shares of the utilities provider’s stock worth $775,719,000 after purchasing an additional 416,933 shares during the period. Deutsche Bank AG bought a new position in Atmos Energy during the second quarter worth about $431,677,000. Amundi raised its holdings in shares of Atmos Energy by 40.0% in the 2nd quarter. Amundi now owns 1,823,714 shares of the utilities provider’s stock worth $314,171,000 after buying an additional 520,828 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of Atmos Energy in the 2nd quarter worth approximately $276,558,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Atmos Energy Price Performance

Shares of NYSE:ATO traded up $0.36 during trading on Thursday, reaching $164.31. The stock had a trading volume of 215,580 shares, compared to its average volume of 1,224,930. The stock has a market capitalization of $27.77 billion, a PE ratio of 19.56, a P/E/G ratio of 2.64 and a beta of 0.57. 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 52 week low of $154.72 and a 52 week high of $192.51. The business’s 50-day moving average price is $164.27 and its 200 day moving average price is $173.34.

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

Atmos Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 24th were given a dividend of $1.00 per share. The ex-dividend date was Monday, August 24th. This represents a $4.00 annualized dividend and a yield of 2.4%. Atmos Energy’s dividend payout ratio is 47.62%.

Wall Street Analyst Weigh In

ATO has been the topic of several recent analyst reports. Argus reaffirmed a “buy” rating and issued a $185.00 price target on shares of Atmos Energy in a research note on Tuesday, October 6th. Jefferies Financial Group dropped their price objective on Atmos Energy from $173.00 to $167.00 and set a “hold” rating for the company in a research note on Thursday, October 1st. Weiss Ratings reissued a “buy (b)” rating on shares of Atmos Energy in a report on Friday, August 28th. Truist Financial reduced their target price on shares of Atmos Energy from $179.00 to $174.00 and set a “hold” rating on the stock in a research note on Thursday. Finally, Morgan Stanley reduced their target price on shares of Atmos Energy from $190.00 to $179.00 and set an “equal weight” rating on the stock in a research note on Friday, September 18th. Three investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, Atmos Energy has an average rating of “Hold” and a consensus price target of $183.17.

Insider Transactions at Atmos Energy

In related news, Director William Ware purchased 300 shares of Atmos Energy stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average price of $167.59 per share, for a total transaction of $50,277.00. Following the transaction, the director directly owned 488 shares in the company, valued at approximately $81,783.92. This represents a 159.57% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.43% of the stock is currently owned by company insiders.

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.