Douglas Lane & Associates LLC Makes New Investment in Atmos Energy Corporation $ATO

Key Points

• Douglas Lane & Associates acquired 27,957 shares of Atmos Energy worth approximately $4.37 million during the third quarter. Other institutional investors also initiated positions, with institutions and hedge funds collectively owning 90.17% of the stock.
• Atmos Energy reported quarterly EPS of $1.43, exceeding analyst expectations of $1.35, while revenue of $879.1 million fell short of estimates. The company maintained fiscal 2026 EPS guidance of $8.40–$8.50.
• Atmos Energy pays a quarterly dividend of $1.00, equivalent to a 2.5% yield, while analysts remain cautious with an average “Hold” rating and a $183.58 price target.

Douglas Lane & Associates LLC bought a new position in Atmos Energy Corporation (NYSE:ATO - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 27,957 shares of the utilities provider's stock, valued at approximately $4,374,000.

Other large investors also recently modified their holdings of the company. Breakwater Capital Group bought a new stake in shares of Atmos Energy in the 3rd quarter worth approximately $179,000. Chapin Davis Inc. bought a new position in shares of Atmos Energy in the 3rd quarter valued at approximately $4,539,000. Hardin Capital Partners LLC acquired a new stake in shares of Atmos Energy in the third quarter worth $165,000. LifeGoal Investments LLC acquired a new position in Atmos Energy in the third quarter worth about $444,000. Finally, Monument Capital Management acquired a new stake in shares of Atmos Energy during the 3rd quarter worth about $2,002,000. 90.17% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Atmos Energy

In other Atmos Energy news, Director William Ware bought 300 shares of Atmos Energy stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of $167.59 per share, with a total value 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. This represents a 159.57% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.43% of the stock is currently owned by corporate insiders.

Atmos Energy Price Performance

ATO stock opened at $161.69 on Friday. The firm has a 50 day simple moving average of $164.85 and a two-hundred day simple moving average of $173.79. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.81 and a quick ratio of 0.73. The stock has a market cap of $27.32 billion, a PE ratio of 19.25, a P/E/G ratio of 2.60 and a beta of 0.57. Atmos Energy Corporation has a one year low of $154.72 and a one year high of $192.51.

Atmos Energy (NYSE:ATO - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.35 by $0.08. The firm had revenue of $879.06 million during the quarter, compared to analysts' expectations 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 prior year, the business earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, analysts predict that Atmos Energy Corporation will post 8.47 EPS for the current fiscal year.

Atmos Energy Announces Dividend

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

Analysts Set New Price Targets

Several analysts recently commented on the company. Wells Fargo & Company started coverage on Atmos Energy in a research note on Monday, July 13th. They set an "overweight" rating and a $200.00 price objective on the stock. Jefferies Financial Group lowered their price objective on Atmos Energy from $173.00 to $167.00 and set a "hold" rating for the company in a research note on Thursday, October 1st. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $180.00 target price (down from $198.00) on shares of Atmos Energy in a report on Friday, September 11th. Wall Street Zen lowered Atmos Energy from a "hold" rating to a "sell" rating in a report on Monday, August 3rd. Finally, Truist Financial cut their price target 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. Three equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $183.58.

About Atmos Energy

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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