11,861 Shares of Atmos Energy Corporation $ATO Bought by SteelPeak Wealth LLC

Key Points

• SteelPeak Wealth LLC acquired 11,861 Atmos Energy shares in the third quarter, valued at approximately $1.86 million. Institutional investors and hedge funds collectively own 90.17% of the company.
• Analyst sentiment remains cautious: Atmos Energy has a consensus “Hold” rating from 13 analysts, with an average price target of $183, compared with shares opening at $167.48.
• Atmos Energy reported quarterly EPS of $1.43, exceeding estimates of $1.35, and reaffirmed fiscal 2026 EPS guidance of $8.40–$8.50. The company pays a quarterly dividend of $1.00 per share, yielding about 2.4% annually.

SteelPeak Wealth LLC bought a new stake in Atmos Energy Corporation (NYSE:ATO - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,861 shares of the utilities provider's stock, valued at approximately $1,856,000.

Several other large investors have also recently bought and sold shares of ATO. BlackRock Inc. bought a new stake in shares of Atmos Energy during the 2nd quarter worth about $2,624,975,000. Bank of America Corp DE lifted its stake in shares of Atmos Energy by 11.0% in the 1st quarter. Bank of America Corp DE now owns 4,199,433 shares of the utilities provider's stock worth $775,719,000 after acquiring an additional 416,933 shares during the period. Deutsche Bank AG acquired a new stake in shares of Atmos Energy in the 2nd quarter worth approximately $431,677,000. Amundi lifted its stake 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 acquiring an additional 520,828 shares during the period. Finally, Legal & General Group Plc bought a new position in shares of Atmos Energy in the second quarter valued at approximately $276,558,000. Institutional investors and hedge funds own 90.17% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on ATO shares. Argus reiterated a "buy" rating and set a $185.00 price objective on shares of Atmos Energy in a research note on Tuesday, October 6th. Wells Fargo & Company started 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. Truist Financial cut their target price on Atmos Energy from $179.00 to $174.00 and set a "hold" rating for the company in a research report on Thursday. Wall Street Zen lowered Atmos Energy from a "hold" rating to a "sell" rating in a research note on Monday, August 3rd. Finally, Jefferies Financial Group decreased their price target 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. Three investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $183.00.

Atmos Energy Price Performance

Shares of NYSE ATO opened at $167.48 on Monday. Atmos Energy Corporation has a twelve month low of $154.72 and a twelve month high of $192.51. 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 firm has a 50-day moving average of $164.05 and a two-hundred day moving average of $173.08. The company has a market capitalization of $28.30 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 2.71 and a beta of 0.57.

Atmos Energy (NYSE:ATO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) 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 net margin of 28.50% and a return on equity of 9.67%. During the same quarter in the previous year, the company posted $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, analysts expect that Atmos Energy Corporation will post 8.47 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

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

Insider Buying and Selling

In other Atmos Energy news, Director William Ware bought 300 shares of Atmos Energy stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average cost of $167.59 per share, for a total transaction of $50,277.00. Following the completion of the acquisition, the director owned 488 shares of the company's stock, valued at approximately $81,783.92. This represents a 159.57% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.43% of the stock is currently owned by corporate insiders.

Atmos Energy Profile

Atmos Energy Corporation NYSE: ATO is a regulated natural gas utility that distributes natural gas to residential, commercial, industrial and agricultural customers. The company also operates natural gas pipeline and storage assets, supporting the transportation and management of gas within its service areas.

Atmos Energy serves more than 3 million distribution customers across eight states, including Texas, Louisiana, Mississippi, Tennessee, Kentucky, Virginia, Kansas and Colorado. Its distribution operations include a large network of natural gas pipelines and related infrastructure, while its pipeline and storage business provides transportation and storage services primarily in Texas and Mississippi.

The company traces its history to 1906 and is headquartered in Dallas, Texas.

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