Atmos Energy (NYSE:ATO) Director William James Ware Acquires 300 Shares

Atmos Energy Corporation (NYSE:ATO) Director William James Ware bought 300 shares of Atmos Energy stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of $167.59 per share, for a total transaction of $50,277.00. Following the acquisition, the director directly owned 488 shares in the company, valued at approximately $81,783.92. This trade represents a 159.57% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Atmos Energy Trading Up 0.1%

ATO opened at $169.30 on Thursday. 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 $160.10 and a 52 week high of $192.51. The stock has a market cap of $28.61 billion, a PE ratio of 20.13, a PEG ratio of 2.93 and a beta of 0.60. The business has a 50 day moving average of $173.41 and a 200-day moving average of $178.19.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.08. The company had revenue of $879.06 million for the quarter, compared to analysts’ expectations of $900.82 million. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%.During the same period in the prior year, the firm earned $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities research analysts predict that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, August 24th. Atmos Energy’s dividend payout ratio (DPR) is presently 47.56%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ATO. Garner Asset Management Corp bought a new position in Atmos Energy in the 4th quarter valued at approximately $25,000. Frazier Financial Advisors LLC bought a new stake in shares of Atmos Energy in the 2nd quarter worth $25,000. Kingdom Financial Group LLC. purchased a new position in shares of Atmos Energy in the fourth quarter worth $26,000. Elevation Wealth Partners LLC lifted its holdings in shares of Atmos Energy by 627.3% during the second 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. Finally, Elevated Capital Advisors LLC purchased a new stake in shares of Atmos Energy during the fourth quarter valued at $32,000. Institutional investors own 90.17% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on ATO. Truist Financial upped their price objective on shares of Atmos Energy from $187.00 to $188.00 and gave the stock a “hold” rating in a report on Friday, July 17th. Barclays dropped their price target 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. Weiss Ratings downgraded Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. raised their price objective on Atmos Energy from $196.00 to $198.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Finally, Mizuho lowered their price objective on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Four analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $189.09.

Atmos Energy Company Profile

Atmos Energy Corporation (NYSE: ATO) is a U.S.-based natural-gas utility that primarily focuses on the regulated distribution of natural gas. Headquartered in Dallas, Texas, the company operates through local distribution systems to deliver natural gas to residential, commercial, industrial and electric generation customers. Atmos’s core activities include pipeline operations, gas distribution, system maintenance and reliability programs designed to ensure safe and continuous service to its customers.

The company’s services encompass gas delivery, system integrity and maintenance, storage and transmission connections, and customer-facing programs such as billing, conservation initiatives and energy-efficiency offerings.