Amundi Buys 520,828 Shares of Atmos Energy Corporation $ATO

Key Points

• Amundi increased its Atmos Energy stake by 40% in the second quarter, purchasing 520,828 shares to reach 1.82 million shares worth approximately $314.2 million, or 1.08% of the company.
• Atmos Energy reported quarterly EPS of $1.43, beating estimates of $1.35, while revenue of $879.1 million fell short of expectations. The company reaffirmed fiscal 2026 EPS guidance of $8.40–$8.50.
• The utility announced a quarterly dividend of $1.00 per share, equivalent to $4.00 annually and a 2.4% yield. Analysts maintain a consensus “Hold” rating with an average price target of $187.73.

Amundi lifted its position in Atmos Energy Corporation (NYSE:ATO - Free Report) by 40.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,823,714 shares of the utilities provider's stock after buying an additional 520,828 shares during the quarter. Amundi owned approximately 1.08% of Atmos Energy worth $314,171,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Frazier Financial Advisors LLC purchased a new position in Atmos Energy during the second quarter worth about $25,000. Continuum Advisory LLC purchased a new position in shares of Atmos Energy during the second quarter worth about $25,000. Pin Oak Investment Advisors Inc. bought a new position in shares of Atmos Energy in the second quarter worth approximately $28,000. Kingdom Financial Group LLC. bought a new position in shares of Atmos Energy in the fourth quarter worth approximately $26,000. Finally, Elevation Wealth Partners LLC raised its stake in Atmos Energy by 627.3% in 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. 90.17% of the stock is owned by institutional investors.

Insider Activity

In other Atmos Energy news, Director William Ware purchased 300 shares of Atmos Energy stock in a transaction that occurred on Tuesday, August 11th. The shares were bought 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.43% of the stock is owned by insiders.

Atmos Energy Stock Down 0.1%

Shares of NYSE:ATO opened at $167.38 on Tuesday. The stock's 50-day moving average price is $172.74 and its 200-day moving average price is $177.80. Atmos Energy Corporation has a 12-month low of $160.10 and a 12-month high of $192.51. The stock has a market capitalization of $28.29 billion, a P/E ratio of 19.90, a price-to-earnings-growth ratio of 2.90 and a beta of 0.60. 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 (NYSE:ATO - Get Free Report) last released its 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 return on equity of 9.67% and a net margin of 28.50%.The company had revenue of $879.06 million during the quarter, compared to analyst estimates of $900.82 million. 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. On average, equities analysts anticipate that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Monday, August 24th. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. Atmos Energy's dividend payout ratio (DPR) is presently 47.56%.

Analyst Ratings Changes

ATO has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Atmos Energy from $196.00 to $198.00 and gave the company an "overweight" rating in a research report on Tuesday, July 14th. Truist Financial lowered their price objective 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. TD Cowen raised their price target on Atmos Energy from $193.00 to $196.00 and gave the company a "hold" rating in a research report on Friday, May 15th. Mizuho dropped their price target 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. Finally, Wells Fargo & Company initiated coverage on Atmos Energy in a report on Monday, July 13th. They issued an "overweight" rating and a $200.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $187.73.

Atmos Energy 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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