Decker Wealth Management LLC Buys 15,838 Shares of Atmos Energy Corporation $ATO

Key Points

• Decker Wealth Management bought 15,838 shares of Atmos Energy in the third quarter, valued at approximately $2.48 million. Institutional investors collectively own 90.17% of the company.
• Atmos Energy exceeded quarterly earnings expectations, reporting $1.43 in EPS versus the $1.35 consensus estimate, while setting fiscal 2026 EPS guidance at $8.40–$8.50.
• The company maintains a quarterly dividend of $1.00 per share, or $4.00 annualized, yielding about 2.5%. Analysts’ consensus rating is Hold, with an average price target of $183.58.

Decker Wealth Management LLC purchased a new stake in shares of Atmos Energy Corporation (NYSE:ATO - Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 15,838 shares of the utilities provider's stock, valued at approximately $2,478,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC acquired a new stake in shares of Atmos Energy during the second quarter valued at about $25,000. Continuum Advisory LLC acquired a new position in shares of Atmos Energy in the second quarter worth about $25,000. Elevation Wealth Partners LLC boosted its holdings in Atmos Energy by 627.3% in the second quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider's stock valued at $28,000 after purchasing an additional 138 shares during the last quarter. Pin Oak Investment Advisors Inc. acquired a new stake in Atmos Energy during the 2nd quarter valued at approximately $28,000. Finally, Western Wealth Management LLC acquired a new stake in Atmos Energy during the 1st quarter valued at approximately $34,000. Institutional investors and hedge funds own 90.17% of the company's stock.

Insiders Place Their Bets

In other news, Director William Ware purchased 300 shares of the stock in a transaction dated Tuesday, August 11th. The shares were bought at an average cost of $167.59 per share, for a total transaction of $50,277.00. Following the transaction, the director owned 488 shares in the company, valued at $81,783.92. This trade represents a 159.57% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.43% of the stock is owned by company insiders.

Atmos Energy Stock Performance

Shares of ATO traded up $1.03 during mid-day trading on Friday, hitting $161.69. The stock had a trading volume of 877,657 shares, compared to its average volume of 1,233,125. The company has a market cap of $27.32 billion, a PE ratio of 19.25, a PEG ratio of 2.58 and a beta of 0.57. The company's fifty day simple moving average is $165.08 and its two-hundred day simple moving average is $173.87. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.64. Atmos Energy Corporation has a fifty-two week low of $154.72 and a fifty-two week 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 EPS for the quarter, beating the consensus estimate of $1.35 by $0.08. The business had revenue of $879.06 million during 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 period in the previous year, the business posted $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities analysts expect that Atmos Energy Corporation will post 8.47 earnings per share for the current year.

Atmos Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 24th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, August 24th. Atmos Energy's dividend payout ratio (DPR) is currently 47.62%.

Analysts Set New Price Targets

ATO has been the topic of a number of recent analyst reports. Wall Street Zen lowered Atmos Energy from a "hold" rating to a "sell" rating in a research report on Monday, August 3rd. Jefferies Financial Group decreased their price target on shares of Atmos Energy from $173.00 to $167.00 and set a "hold" rating for the company in a research report on Thursday, October 1st. Wells Fargo & Company assumed coverage on shares of Atmos Energy in a research note on Monday, July 13th. They issued an "overweight" rating and a $200.00 price target for the company. Barclays cut their price target on shares of Atmos Energy from $184.00 to $183.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 14th. Finally, Morgan Stanley decreased their price objective on shares of Atmos Energy from $190.00 to $179.00 and set an "equal weight" rating for the company in a report on Friday, September 18th. Three equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $183.58.

Atmos Energy 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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