410,650 Shares in Atmos Energy Corporation $ATO Purchased by Energy Income Partners LLC

Energy Income Partners LLC bought a new stake in Atmos Energy Corporation (NYSE:ATO - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 410,650 shares of the utilities provider's stock, valued at approximately $70,743,000. Energy Income Partners LLC owned approximately 0.24% of Atmos Energy as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Atmos Energy by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 21,032,554 shares of the utilities provider's stock valued at $3,525,687,000 after purchasing an additional 276,485 shares during the last quarter. BlackRock Inc. acquired a new position in Atmos Energy during the second quarter worth $2,624,975,000. Capital International Investors grew its position in Atmos Energy by 8.5% in the fourth quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider's stock valued at $1,993,968,000 after purchasing an additional 927,986 shares in the last quarter. State Street Corp grew its position in Atmos Energy by 1.5% in the fourth quarter. State Street Corp now owns 10,786,358 shares of the utilities provider's stock valued at $1,808,117,000 after purchasing an additional 155,836 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Atmos Energy by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 4,214,985 shares of the utilities provider's stock valued at $703,824,000 after buying an additional 78,438 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company's stock.

Insider Activity

In other Atmos Energy news, Director William James Ware acquired 300 shares of the business's stock in a transaction dated Tuesday, August 11th. The stock was bought at an average cost of $167.59 per share, with a total value of $50,277.00. Following the completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.43% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

ATO has been the topic of several analyst reports. Truist Financial cut their price target on shares of Atmos Energy from $188.00 to $179.00 and set a "hold" rating on the stock in a research report on Thursday, August 13th. Wells Fargo & Company assumed coverage on Atmos Energy in a research report on Monday, July 13th. They issued an "overweight" rating and a $200.00 target price on the stock. TD Cowen upped their target price on Atmos Energy from $193.00 to $196.00 and gave the stock a "hold" rating in a report on Friday, May 15th. JPMorgan Chase & Co. boosted their price target on Atmos Energy from $196.00 to $198.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 14th. Finally, Citigroup upped their price objective on Atmos Energy from $182.00 to $191.00 and gave the stock a "neutral" rating in a research note on Friday, May 8th. Four analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $188.27.

Atmos Energy Stock Up 0.4%

Atmos Energy stock opened at $170.60 on Wednesday. The firm has a market capitalization of $28.83 billion, a PE ratio of 20.29, a P/E/G ratio of 2.94 and a beta of 0.60. The company's 50-day moving average is $173.54 and its 200-day moving average is $178.28. Atmos Energy Corporation has a fifty-two week low of $160.10 and a fifty-two week high of $192.51. 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 (NYSE:ATO - Get Free Report) last issued its earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) 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 for the quarter, compared to analysts' expectations of $900.82 million. During the same period in the prior year, the firm earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Sell-side analysts anticipate that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a $1.00 dividend. The ex-dividend date is Monday, August 24th. This represents a $4.00 annualized dividend and a yield of 2.3%. Atmos Energy's dividend payout ratio is currently 47.56%.

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.

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