Hennion & Walsh Asset Management Inc. Raises Position in Atmos Energy Corporation $ATO

Key Points

• Hennion & Walsh Asset Management increased its Atmos Energy stake by 89.9% in the second quarter, bringing its holdings to 15,561 shares valued at approximately $2.68 million. Institutional investors collectively own 90.17% of the company.
• Atmos Energy reported quarterly EPS of $1.43, beating analysts’ $1.35 estimate, while revenue of $879.1 million fell short of the $900.8 million consensus. The company maintained fiscal 2026 EPS guidance of $8.40–$8.50.
• The company declared a quarterly dividend of $1.00 per share, equivalent to a $4.00 annualized payout and a 2.4% yield. Analysts remain generally cautious, with an average “Hold” rating and a $189.09 price target versus the stock’s $167.54 opening price.

Hennion & Walsh Asset Management Inc. grew its holdings in Atmos Energy Corporation (NYSE:ATO - Free Report) by 89.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,561 shares of the utilities provider's stock after acquiring an additional 7,365 shares during the period. Hennion & Walsh Asset Management Inc.'s holdings in Atmos Energy were worth $2,681,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Garner Asset Management Corp acquired a new stake in shares of Atmos Energy in the fourth quarter valued at $25,000. Kingdom Financial Group LLC. acquired a new position in Atmos Energy during the 4th quarter worth $26,000. Elevation Wealth Partners LLC increased its holdings 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 purchasing an additional 138 shares during the period. Western Wealth Management LLC purchased a new stake in Atmos Energy during the 1st quarter worth about $34,000. Finally, Elevated Capital Advisors LLC acquired a new stake in Atmos Energy in the 4th quarter valued at about $32,000. Hedge funds and other institutional investors own 90.17% of the company's stock.

Atmos Energy Price Performance

Shares of ATO opened at $167.54 on Tuesday. Atmos Energy Corporation has a 1-year low of $160.10 and a 1-year high of $192.51. The stock has a market cap of $28.31 billion, a PE ratio of 19.92, a price-to-earnings-growth ratio of 2.95 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. The firm has a fifty day moving average price of $173.38 and a 200 day moving average price of $178.16.

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

Atmos Energy Dividend Announcement

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

Analyst Ratings Changes

ATO has been the subject of several recent research reports. Barclays decreased their price objective on Atmos Energy from $184.00 to $183.00 and set an "equal weight" rating for the company in a research note on Tuesday, July 14th. JPMorgan Chase & Co. upped their target price on shares of Atmos Energy from $196.00 to $198.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 14th. Argus reduced their target price on shares of Atmos Energy from $190.00 to $185.00 and set a "buy" rating on the stock in a report on Thursday, July 2nd. Mizuho decreased their price target on shares of Atmos Energy from $192.00 to $184.00 and set a "neutral" rating for the company in a research note on Friday, May 29th. Finally, Truist Financial boosted their price target on shares of Atmos Energy from $187.00 to $188.00 and gave the stock a "hold" rating in a report on Friday, July 17th. Four analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat, Atmos Energy currently has an average rating of "Hold" and an average price target of $189.09.

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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