Atmos Energy Corporation $ATO Stock Position Increased by Strategy Asset Managers LLC

Strategy Asset Managers LLC raised its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 206.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,304 shares of the utilities provider’s stock after acquiring an additional 4,919 shares during the period. Strategy Asset Managers LLC’s holdings in Atmos Energy were worth $1,143,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. SC&H Financial Advisors Inc. increased its holdings in shares of Atmos Energy by 61.5% during the third quarter. SC&H Financial Advisors Inc. now owns 2,350 shares of the utilities provider’s stock valued at $368,000 after purchasing an additional 895 shares during the period. Columbus Macro LLC acquired a new stake in Atmos Energy in the third quarter worth about $169,000. Cultivar Capital Inc. bought a new position in Atmos Energy in the 3rd quarter valued at about $192,000. Triumph Capital Management grew its position in Atmos Energy by 5,440.0% in the 3rd quarter. Triumph Capital Management now owns 277 shares of the utilities provider’s stock valued at $43,000 after buying an additional 272 shares in the last quarter. Finally, Baker Ellis Asset Management LLC bought a new position in Atmos Energy in the 3rd quarter valued at about $346,000. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Price Performance

Shares of Atmos Energy stock opened at $163.89 on Thursday. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. The company’s 50-day moving average price is $164.27 and its two-hundred day moving average price is $173.34. Atmos Energy Corporation has a 52 week low of $154.72 and a 52 week high of $192.51. The stock has a market cap of $27.70 billion, a PE ratio of 19.51, a price-to-earnings-growth ratio of 2.64 and a beta of 0.57.

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, beating analysts’ consensus estimates of $1.35 by $0.08. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. The company had revenue of $879.06 million during the quarter, compared to the consensus estimate 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, sell-side analysts anticipate that Atmos Energy Corporation will post 8.47 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Investors 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%.

Analyst Upgrades and Downgrades

A number of analysts have commented on ATO shares. Argus restated a “buy” rating and set a $185.00 price target on shares of Atmos Energy in a research report on Tuesday, October 6th. Barclays decreased their price objective on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating for the company in a report on Tuesday, July 14th. Morgan Stanley lowered their price objective 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. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $180.00 price objective (down from $198.00) on shares of Atmos Energy in a research note on Friday, September 11th. Finally, Wells Fargo & Company initiated coverage on Atmos Energy in a report on Monday, July 13th. They set an “overweight” rating and a $200.00 target price on the stock. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $183.58.

Insider Activity at Atmos Energy

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

Atmos Energy Company 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.