Corient Private Wealth LP Takes Position in Atmos Energy Corporation $ATO

Key Points

• Corient Private Wealth LP acquired 88,635 Atmos Energy shares worth approximately $15.3 million in the second quarter, while institutional investors collectively own 90.17% of the company.
• Atmos Energy exceeded quarterly earnings expectations, reporting $1.43 in EPS versus a $1.35 consensus, although revenue of $879.1 million fell short of estimates. The company reaffirmed fiscal 2026 EPS guidance of $8.40–$8.50.
• The utility 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.

Corient Private Wealth LP bought a new position in shares of Atmos Energy Corporation (NYSE:ATO - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 88,635 shares of the utilities provider's stock, valued at approximately $15,269,000. Corient Private Wealth LP owned about 0.05% of Atmos Energy at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the stock. Garner Asset Management Corp purchased a new stake in shares of Atmos Energy during the fourth quarter valued at $25,000. Frazier Financial Advisors LLC purchased a new position in Atmos Energy in the 2nd quarter worth $25,000. Kingdom Financial Group LLC. acquired a new stake in Atmos Energy during the 4th quarter worth about $26,000. Elevation Wealth Partners LLC lifted its position in Atmos Energy by 627.3% during the 2nd quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider's stock worth $28,000 after acquiring an additional 138 shares during the period. Finally, Western Wealth Management LLC purchased a new stake in Atmos Energy during the 1st quarter valued at about $34,000. Institutional investors and hedge funds own 90.17% of the company's stock.

Insiders Place Their Bets

In other news, Director William James Ware acquired 300 shares of the business's stock in a transaction on Tuesday, August 11th. The stock was bought 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 owned 488 shares of the company's stock, valued at approximately $81,783.92. This represents a 159.57% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.43% of the company's stock.

Atmos Energy Trading Down 0.3%

Atmos Energy stock opened at $166.77 on Friday. The firm has a market cap of $28.18 billion, a PE ratio of 19.83, a P/E/G ratio of 2.89 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. The stock's 50 day simple moving average is $173.37 and its two-hundred day simple moving average is $178.18. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64.

Atmos Energy (NYSE:ATO - Get Free Report) last posted its earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.08. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. The firm had revenue of $879.06 million during the quarter, compared to analyst estimates of $900.82 million. During the same period in the previous year, the firm earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts anticipate that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. TD Cowen increased their price target on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a "hold" rating in a report on Friday, May 15th. 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. Truist Financial dropped their price objective on shares of Atmos Energy from $188.00 to $179.00 and set a "hold" rating on the stock in a report on Thursday, August 13th. Wall Street Zen lowered shares of Atmos Energy from a "hold" rating to a "sell" rating in a research note on Monday, August 3rd. Finally, Citigroup raised their target price on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a "neutral" rating in a report on Friday, May 8th. Four 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, Atmos Energy presently has an average rating of "Hold" and a consensus target price of $187.73.

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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