Atmos Energy Corporation $ATO Shares Bought by Diversify Advisory Services LLC

Key Points

• Diversify Advisory Services increased its Atmos Energy holdings by 15.4% in the third quarter to 70,830 shares valued at approximately $11.6 million. Institutional investors collectively own 90.17% of the company.
• Atmos Energy reported quarterly EPS of $1.43, exceeding the $1.35 consensus estimate, while revenue of $879.1 million fell short of expectations. The company maintained fiscal 2026 EPS guidance of $8.40–$8.50.
• The utility pays a quarterly dividend of $1.00, equivalent to an annualized $4.00 and a 2.4% yield. Analysts have a consensus “Hold” rating and an average price target of $183, compared with the stock’s recent opening price of $167.14.

Diversify Advisory Services LLC lifted its holdings in shares of Atmos Energy Corporation (NYSE:ATO - Free Report) by 15.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,830 shares of the utilities provider's stock after acquiring an additional 9,450 shares during the quarter. Diversify Advisory Services LLC's holdings in Atmos Energy were worth $11,613,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Atmos Energy by 2.3% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 22,149 shares of the utilities provider's stock valued at $3,465,000 after buying an additional 505 shares during the period. Investment Research Partners LLC increased its holdings in Atmos Energy by 63.7% during the third quarter. Investment Research Partners LLC now owns 1,904 shares of the utilities provider's stock worth $298,000 after buying an additional 741 shares during the last quarter. Kaufman Rossin Wealth LLC purchased a new stake in Atmos Energy during the third quarter worth about $351,000. SteelPeak Wealth LLC bought a new stake in Atmos Energy in the third quarter worth about $1,856,000. Finally, IFP Advisors Inc raised its position in Atmos Energy by 262.3% in the third quarter. IFP Advisors Inc now owns 11,514 shares of the utilities provider's stock worth $1,801,000 after acquiring an additional 8,336 shares during the period. 90.17% of the stock is currently owned by institutional investors.

Insider Transactions at Atmos Energy

In other Atmos Energy news, Director William Ware bought 300 shares of the stock in a transaction on Tuesday, August 11th. The shares were acquired 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 of the company's stock, valued at $81,783.92. The trade was a 159.57% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.43% of the stock is owned by insiders.

Atmos Energy Price Performance

ATO opened at $167.14 on Wednesday. The company has a market capitalization of $28.24 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 2.66 and a beta of 0.57. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.64. The firm has a 50-day moving average price of $163.96 and a 200-day moving average price of $172.81. Atmos Energy Corporation has a twelve month low of $154.72 and a twelve 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 (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.08. The company had revenue of $879.06 million for the quarter, compared to analyst estimates of $900.82 million. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. During the same quarter in the previous year, the firm posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities analysts expect that Atmos Energy Corporation will post 8.47 EPS for the current year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 24th were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Monday, August 24th. Atmos Energy's payout ratio is currently 47.62%.

Analysts Set New Price Targets

ATO has been the topic of a number of research analyst reports. Barclays dropped their target price on shares of Atmos Energy from $184.00 to $183.00 and set an "equal weight" rating on the stock in a research note on Tuesday, July 14th. JPMorgan Chase & Co. restated a "neutral" rating and set a $180.00 price target (down from $198.00) on shares of Atmos Energy in a research note on Friday, September 11th. Morgan Stanley decreased their price target on shares of Atmos Energy from $190.00 to $179.00 and set an "equal weight" rating for the company in a research note on Friday, September 18th. Jefferies Financial Group lowered their price target on shares of Atmos Energy from $173.00 to $167.00 and set a "hold" rating on the stock in a report on Thursday, October 1st. Finally, Argus reiterated a "buy" rating and issued a $185.00 price objective on shares of Atmos Energy in a research note on Tuesday, October 6th. Three equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $183.00.

Atmos Energy Profile

Atmos Energy Corporation NYSE: ATO is a regulated natural gas utility that distributes natural gas to residential, commercial, industrial and agricultural customers. The company also operates natural gas pipeline and storage assets, supporting the transportation and management of gas within its service areas.

Atmos Energy serves more than 3 million distribution customers across eight states, including Texas, Louisiana, Mississippi, Tennessee, Kentucky, Virginia, Kansas and Colorado. Its distribution operations include a large network of natural gas pipelines and related infrastructure, while its pipeline and storage business provides transportation and storage services primarily in Texas and Mississippi.

The company traces its history to 1906 and is headquartered in Dallas, Texas.

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