Atmos Energy Corporation $ATO is Nilsine Partners LLC's Largest Position

Key Points

• Nilsine Partners LLC reduced its Atmos Energy stake by 1.2% in the second quarter but retained 485,268 shares, making ATO its largest portfolio position at 5.8%, valued at approximately $83.6 million.
• Atmos Energy reported quarterly EPS of $1.43, exceeding analysts’ $1.35 estimate, while revenue of $879.1 million fell short of expectations. The company reaffirmed fiscal 2026 EPS guidance of $8.40–$8.50.
• The company declared a quarterly dividend of $1.00 per share, equivalent to a $4.00 annualized payout and a 2.4% yield. Analysts maintain a consensus “Hold” rating with an average price target of $187.73.

Nilsine Partners LLC lessened its stake in Atmos Energy Corporation (NYSE:ATO - Free Report) by 1.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 485,268 shares of the utilities provider's stock after selling 6,063 shares during the period. Atmos Energy comprises approximately 5.8% of Nilsine Partners LLC's portfolio, making the stock its largest position. Nilsine Partners LLC owned 0.29% of Atmos Energy worth $83,597,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ATO. BlackRock Inc. purchased a new position in Atmos Energy during the 2nd quarter valued at about $2,624,975,000. Eurizon Capital SGR S.p.A. acquired a new position in Atmos Energy in the 4th quarter valued at about $34,582,000. Opal Capital LLC purchased a new stake in Atmos Energy during the first quarter worth about $6,154,000. Entropy Technologies LP purchased a new stake in Atmos Energy during the first quarter worth about $2,558,000. Finally, Phillips Financial Management LLC acquired a new stake in shares of Atmos Energy during the second quarter worth about $2,613,000. Hedge funds and other institutional investors own 90.17% of the company's stock.

Insider Transactions at Atmos Energy

In related news, Director William Ware bought 300 shares of the stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average price of $167.59 per share, for a total transaction of $50,277.00. Following the acquisition, the director 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 document filed with the SEC, which can be accessed through the SEC website. 0.43% of the stock is owned by company insiders.

Atmos Energy Stock Performance

Shares of ATO stock opened at $167.38 on Friday. 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 fifty day moving average price of $172.89 and a 200 day moving average price of $177.90. The company has a market cap of $28.29 billion, a P/E ratio of 19.90, a PEG ratio of 2.90 and a beta of 0.60. Atmos Energy Corporation has a 12 month low of $160.10 and a 12 month high of $192.51.

Atmos Energy (NYSE:ATO - Get Free Report) last posted its quarterly 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. The company had revenue of $879.06 million for the quarter, compared to analysts' expectations of $900.82 million. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%.During the same period last year, the firm earned $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Sell-side analysts predict that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal 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 dividend of $1.00 per share. The ex-dividend date is Monday, August 24th. This represents a $4.00 annualized dividend and a yield of 2.4%. Atmos Energy's payout ratio is presently 47.56%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Atmos Energy from $196.00 to $198.00 and gave the company an "overweight" rating in a report on Tuesday, July 14th. Wells Fargo & Company began coverage on shares of Atmos Energy in a report on Monday, July 13th. They set an "overweight" rating and a $200.00 target price on the stock. Barclays decreased their price target on shares of Atmos Energy from $184.00 to $183.00 and set an "equal weight" rating for the company in a research report on Tuesday, July 14th. Wall Street Zen downgraded shares of Atmos Energy from a "hold" rating to a "sell" rating in a research note on Monday, August 3rd. Finally, Truist Financial cut their price objective 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. Four research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus 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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