Callan Family Office LLC Purchases Shares of 7,185 Atmos Energy Corporation $ATO

Callan Family Office LLC acquired a new position in shares of Atmos Energy Corporation (NYSE:ATO - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 7,185 shares of the utilities provider's stock, valued at approximately $1,238,000.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Atmos Energy by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 21,032,554 shares of the utilities provider's stock worth $3,525,687,000 after buying an additional 276,485 shares during the period. BlackRock Inc. acquired a new stake in shares of Atmos Energy in the second quarter valued at about $2,624,975,000. Capital International Investors raised its holdings in shares of Atmos Energy by 8.5% during the 4th quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider's stock valued at $1,993,968,000 after buying an additional 927,986 shares during the period. State Street Corp raised its holdings in shares of Atmos Energy by 1.5% during the 4th quarter. State Street Corp now owns 10,786,358 shares of the utilities provider's stock valued at $1,808,117,000 after buying an additional 155,836 shares during the period. Finally, Geode Capital Management LLC lifted its position in Atmos Energy by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 4,214,985 shares of the utilities provider's stock worth $703,824,000 after acquiring an additional 78,438 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company's stock.

Atmos Energy Trading Up 0.2%

NYSE ATO opened at $167.16 on Monday. The company has a market capitalization of $28.25 billion, a price-to-earnings ratio of 19.88, a price-to-earnings-growth ratio of 2.89 and a beta of 0.60. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.81 and a quick ratio of 0.73. Atmos Energy Corporation has a 12 month low of $160.10 and a 12 month high of $192.51. The company's fifty day moving average price is $173.57 and its two-hundred day moving average price is $178.34.

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 for the quarter, topping the consensus estimate of $1.35 by $0.08. The company had revenue of $879.06 million during the quarter, compared to the consensus estimate 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 earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, research analysts predict that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Monday, August 24th. Atmos Energy's payout ratio is currently 47.56%.

Analysts Set New Price Targets

ATO has been the topic of a number of analyst reports. 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 research note on Tuesday, July 14th. Weiss Ratings downgraded shares of Atmos Energy from a "buy (b+)" rating to a "buy (b)" rating in a research note on Tuesday, June 2nd. TD Cowen raised their price target on shares of Atmos Energy from $193.00 to $196.00 and gave the company a "hold" rating in a report on Friday, May 15th. Mizuho dropped their price target on shares of Atmos Energy from $192.00 to $184.00 and set a "neutral" rating on the stock in a research note on Friday, May 29th. Finally, Morgan Stanley cut their price objective on shares of Atmos Energy from $196.00 to $190.00 and set an "equal weight" rating on the stock in a report on Friday. Four equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $187.73.

Insider Transactions at Atmos Energy

In other news, Director William James Ware acquired 300 shares of the business's stock in a transaction on Tuesday, August 11th. The shares were purchased 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 directly owned 488 shares of the company's stock, valued at $81,783.92. This represents a 159.57% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.43% of the stock is owned by insiders.

Atmos Energy Company 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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