Atmos Energy Corporation $ATO Position Lifted by Envestnet Portfolio Solutions Inc.

Key Points

• Envestnet Portfolio Solutions increased its Atmos Energy stake by 504.9% in the second quarter, bringing its holdings to 7,815 shares valued at approximately $1.35 million. Institutional investors collectively own 90.17% of the company.
• Analyst sentiment remains largely cautious: Atmos Energy has an average “Hold” rating and a consensus price target of $185.09, with several firms recently lowering their targets.
• Atmos Energy reported quarterly EPS of $1.43, beating estimates, and maintains a $4.00 annual dividend, yielding about 2.5%. The company’s FY 2026 EPS guidance is $8.40–$8.50.

Envestnet Portfolio Solutions Inc. lifted its stake in Atmos Energy Corporation (NYSE:ATO - Free Report) by 504.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,815 shares of the utilities provider's stock after acquiring an additional 6,523 shares during the period. Envestnet Portfolio Solutions Inc.'s holdings in Atmos Energy were worth $1,346,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Compound Planning Inc. raised its holdings in Atmos Energy by 3.7% in the first quarter. Compound Planning Inc. now owns 1,716 shares of the utilities provider's stock worth $317,000 after purchasing an additional 62 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Atmos Energy by 0.8% in the 1st quarter. Wealthfront Advisers LLC now owns 8,153 shares of the utilities provider's stock valued at $1,506,000 after buying an additional 65 shares in the last quarter. Root Financial Partners LLC boosted its holdings in shares of Atmos Energy by 39.1% in the 1st quarter. Root Financial Partners LLC now owns 235 shares of the utilities provider's stock valued at $43,000 after buying an additional 66 shares in the last quarter. Versant Capital Management Inc grew its position in shares of Atmos Energy by 6.3% in the 2nd quarter. Versant Capital Management Inc now owns 1,119 shares of the utilities provider's stock worth $193,000 after buying an additional 66 shares during the last quarter. Finally, Amarillo National Bank grew its position in shares of Atmos Energy by 0.3% in the 1st quarter. Amarillo National Bank now owns 28,641 shares of the utilities provider's stock worth $5,291,000 after buying an additional 74 shares during the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on ATO shares. JPMorgan Chase & Co. reiterated 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. Wall Street Zen downgraded shares of Atmos Energy from a "hold" rating to a "sell" rating in a research note on Monday, August 3rd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Atmos Energy in a report on Friday, August 28th. Wells Fargo & Company assumed coverage on Atmos Energy in a research report on Monday, July 13th. They set an "overweight" rating and a $200.00 price target on the stock. Finally, Truist Financial lowered their price objective on Atmos Energy from $188.00 to $179.00 and set a "hold" rating for the company in a research report on Thursday, August 13th. Three equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $185.09.

Atmos Energy Trading Down 0.0%

NYSE ATO opened at $157.17 on Monday. Atmos Energy Corporation has a 12-month low of $155.00 and a 12-month high of $192.51. The company has a fifty day simple moving average of $168.59 and a two-hundred day simple moving average of $175.61. 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 stock has a market cap of $26.56 billion, a P/E ratio of 18.69, a P/E/G ratio of 2.72 and a beta of 0.60.

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 (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.08. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%.The firm had revenue of $879.06 million for the quarter, compared to the consensus estimate 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. On average, analysts forecast that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders 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 dividend yield of 2.5%. Atmos Energy's dividend payout ratio is presently 47.56%.

Insider Buying and Selling at Atmos Energy

In other Atmos Energy news, Director William Ware bought 300 shares of Atmos Energy stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average price 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 in the company, valued at approximately $81,783.92. This trade represents a 159.57% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.43% of the stock is owned by insiders.

About Atmos Energy

Atmos Energy Corporation NYSE: ATO is a regulated natural gas distribution and pipeline company headquartered in Dallas, Texas. Through its utility operations, the company delivers natural gas to residential, commercial, industrial and agricultural customers, with services focused on safe and reliable energy delivery.

Atmos Energy serves customers across eight states: Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, Texas and Virginia. Its operations include local natural gas distribution as well as pipeline transportation and storage activities, primarily through its Atmos Pipeline-Texas business.

The company traces its roots to 1906 and has expanded over time through growth and acquisitions in the natural gas industry.

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