Artemis Investment Management LLP Makes New Investment in Atmos Energy Corporation $ATO

Key Points

• Artemis Investment Management initiated a 142,653-share stake in Atmos Energy during the third quarter, valued at approximately $22.3 million. Institutional investors collectively own 90.17% of the company.
• Analyst sentiment remains cautious: Atmos Energy has an average “Hold” rating and a consensus price target of $183.58, with recent targets ranging from $179 to $185.
• Atmos Energy reported quarterly EPS of $1.43, exceeding estimates of $1.35, and maintained fiscal 2026 EPS guidance of $8.40–$8.50. The company also pays an annualized dividend of $4.00 per share, yielding about 2.5%.

Artemis Investment Management LLP bought a new stake in shares of Atmos Energy Corporation (NYSE:ATO - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 142,653 shares of the utilities provider's stock, valued at approximately $22,317,000. Artemis Investment Management LLP owned 0.08% of Atmos Energy at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ATO. Frazier Financial Advisors LLC purchased a new stake in Atmos Energy in the second quarter worth about $25,000. Continuum Advisory LLC purchased a new position in shares of Atmos Energy during the 2nd quarter valued at about $25,000. Pin Oak Investment Advisors Inc. purchased a new stake in Atmos Energy in the 2nd quarter worth approximately $28,000. Elevation Wealth Partners LLC increased its holdings in Atmos Energy by 627.3% in the 2nd quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider's stock worth $28,000 after acquiring an additional 138 shares in the last quarter. Finally, Western Wealth Management LLC bought a new stake in Atmos Energy during the 1st quarter worth approximately $34,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Argus reaffirmed a "buy" rating and issued a $185.00 price objective on shares of Atmos Energy in a research note on Tuesday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Atmos Energy in a report on Friday, August 28th. Morgan Stanley lowered their target price on shares of Atmos Energy from $190.00 to $179.00 and set an "equal weight" rating on the stock in a report on Friday, September 18th. Wall Street Zen cut shares of Atmos Energy from a "hold" rating to a "sell" rating in a research note on Monday, August 3rd. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $180.00 price target (down from $198.00) on shares of Atmos Energy in a research note on Friday, September 11th. Three analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Atmos Energy currently has an average rating of "Hold" and a consensus target price of $183.58.

Insiders Place Their Bets

In related news, Director William Ware acquired 300 shares of the company's stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of $167.59 per share, with a total value of $50,277.00. Following the completion of the acquisition, the director directly owned 488 shares of the company's stock, valued at $81,783.92. This represents a 159.57% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.43% of the company's stock.

Atmos Energy Stock Up 0.9%

NYSE:ATO opened at $160.68 on Friday. Atmos Energy Corporation has a twelve month low of $154.72 and a twelve month high of $192.51. The stock has a fifty day simple moving average of $165.08 and a 200-day simple moving average of $173.87. The company has a market cap of $27.15 billion, a price-to-earnings ratio of 19.13, a price-to-earnings-growth ratio of 2.58 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 (NYSE:ATO - Get Free Report) last issued its earnings results on Wednesday, August 5th. The utilities provider reported $1.43 EPS for the quarter, topping 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 period last year, the company posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts anticipate that Atmos Energy Corporation will post 8.47 EPS for the current year.

Atmos Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th were paid a $1.00 dividend. The ex-dividend date was Monday, August 24th. This represents a $4.00 dividend on an annualized basis and a yield of 2.5%. Atmos Energy's dividend payout ratio (DPR) is 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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