61,147 Shares of Atmos Energy Corporation $ATO Acquired by Kwmg LLC

Key Points

• Kwmg LLC acquired 61,147 Atmos Energy shares in the third quarter, valued at approximately $9.6 million. Institutional investors collectively own 90.17% of the company, following major purchases by BlackRock, Bank of America, Deutsche Bank and others.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $183.58; several firms recently lowered their targets.
• Atmos Energy reported quarterly EPS of $1.43, beating estimates of $1.35, and maintains fiscal 2026 EPS guidance of $8.40–$8.50. The company also pays a $1.00 quarterly dividend, equivalent to a 2.5% annual yield.

Kwmg LLC bought a new position in shares of Atmos Energy Corporation (NYSE:ATO - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 61,147 shares of the utilities provider's stock, valued at approximately $9,566,000.

Several other hedge funds have also recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in Atmos Energy during the second quarter worth approximately $2,624,975,000. Bank of America Corp DE purchased a new position in shares of Atmos Energy in the 2nd quarter valued at $720,212,000. Deutsche Bank AG purchased a new position in shares of Atmos Energy in the 2nd quarter valued at $431,677,000. Legal & General Group Plc acquired a new position in shares of Atmos Energy during the 2nd quarter valued at $276,558,000. Finally, GQG Partners LLC acquired a new position in shares of Atmos Energy during the 2nd quarter valued at $202,443,000. Hedge funds and other institutional investors own 90.17% of the company's stock.

Insider Buying and Selling

In other news, Director William Ware bought 300 shares of Atmos Energy stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of $167.59 per share, with a total value of $50,277.00. Following the acquisition, 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.43% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

ATO has been the topic of several research reports. Wall Street Zen lowered Atmos Energy from a "hold" rating to a "sell" rating in a research report on Monday, August 3rd. Truist Financial reduced their price target on Atmos Energy from $188.00 to $179.00 and set a "hold" rating on the stock in a research report on Thursday, August 13th. 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 report on Thursday, October 1st. Argus reissued a "buy" rating and issued a $185.00 price target on shares of Atmos Energy in a report on Tuesday. Finally, JPMorgan Chase & Co. restated 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. Three research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $183.58.

Atmos Energy Stock Up 0.4%

ATO stock traded up $0.58 during mid-day trading on Wednesday, hitting $160.32. 247,954 shares of the company were exchanged, compared to its average volume of 1,223,453. The company has a market capitalization of $27.09 billion, a PE ratio of 19.09, a price-to-earnings-growth ratio of 2.56 and a beta of 0.57. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. Atmos Energy Corporation has a twelve month low of $154.72 and a twelve month high of $192.51. The firm has a fifty day simple moving average of $165.71 and a 200 day simple moving average of $174.19.

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 business had revenue of $879.06 million for the quarter, compared to analyst estimates of $900.82 million. During the same quarter in the prior year, the business posted $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, research analysts forecast that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th were paid 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 2.5%. Atmos Energy's dividend payout ratio is presently 47.62%.

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.

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