Avior Wealth Management LLC Buys New Stake in Atmos Energy Corporation $ATO

Key Points

• Avior Wealth Management initiated a 6,388-share position in Atmos Energy during the third quarter, valued at approximately $999,000. Institutional investors and hedge funds collectively own 90.17% of the company.
• Analysts remain cautious: Atmos Energy has an average rating of “Hold” and a consensus price target of $183.58, with several firms recently lowering their targets.
• Atmos Energy reported quarterly EPS of $1.43, exceeding estimates, and maintains FY 2026 EPS guidance of $8.40–$8.50. The company also pays a $4.00 annualized dividend, yielding about 2.4%.

Avior Wealth Management LLC purchased a new position in shares of Atmos Energy Corporation (NYSE:ATO - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,388 shares of the utilities provider's stock, valued at approximately $999,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. HF Advisory Group LLC bought a new stake in shares of Atmos Energy during the third quarter valued at approximately $120,000. Arbor Wealth Advisors LLC bought a new position in Atmos Energy in the 3rd quarter worth approximately $82,000. Armstrong Advisory Group Inc. increased its position in Atmos Energy by 546.1% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 3,405 shares of the utilities provider's stock valued at $533,000 after acquiring an additional 2,878 shares during the period. Magnolia Capital Management Ltd. bought a new stake in Atmos Energy during the 3rd quarter valued at $492,000. Finally, Tilia Fiduciary Partners Inc. bought a new stake in Atmos Energy during the 3rd quarter valued at $2,823,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ATO. Truist Financial reduced their price target 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. Wall Street Zen lowered Atmos Energy from a "hold" rating to a "sell" rating in a research report on Monday, August 3rd. Weiss Ratings reiterated a "buy (b)" rating on shares of Atmos Energy in a report on Friday, August 28th. Wells Fargo & Company initiated coverage on shares of Atmos Energy in a research note on Monday, July 13th. They set an "overweight" rating and a $200.00 price target on the stock. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and set a $180.00 price target (down from $198.00) on shares of Atmos Energy in a report on Friday, September 11th. Three equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $183.58.

Atmos Energy Stock Performance

NYSE:ATO opened at $163.89 on Thursday. Atmos Energy Corporation has a 12-month low of $154.72 and a 12-month high of $192.51. 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 market capitalization of $27.70 billion, a PE ratio of 19.46, a price-to-earnings-growth ratio of 2.64 and a beta of 0.57. The firm has a 50-day moving average price of $164.27 and a 200 day moving average price of $173.34.

Atmos Energy (NYSE:ATO - Get Free Report) last released its quarterly earnings data 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 the consensus estimate 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 in the previous year, the business earned $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Research analysts anticipate that Atmos Energy Corporation will post 8.47 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was 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 47.62%.

Insider Buying and Selling at Atmos Energy

In other news, Director William Ware bought 300 shares of the business's stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $167.59 per share, for a total transaction of $50,277.00. Following the completion of the purchase, the director owned 488 shares of the company's stock, valued at approximately $81,783.92. The trade was a 159.57% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.43% of the company's stock.

Atmos Energy Company 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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