Jupiter Topco LLC Acquires New Shares in Atmos Energy Corporation $ATO

Key Points

• Jupiter Topco LLC acquired 14,521 Atmos Energy shares during the second quarter, valued at approximately $2.5 million. Other institutional investors also initiated positions, with institutions collectively owning 90.17% of the company.
• Analyst sentiment remains cautious: Atmos Energy has a consensus “Hold” rating from 13 analysts, with an average price target of $187.73 versus its $167.77 share price.
• Atmos Energy exceeded quarterly earnings expectations, reporting $1.43 per share versus the $1.35 consensus estimate, and declared a $1.00 quarterly dividend, equivalent to a 2.4% annual yield.

Jupiter Topco LLC acquired a new position in shares of Atmos Energy Corporation (NYSE:ATO - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,521 shares of the utilities provider's stock, valued at approximately $2,502,000.

Several other large investors have also added to or reduced their stakes in the stock. EFG International AG purchased a new position in Atmos Energy during the 2nd quarter valued at about $334,000. Ancora Advisors LLC purchased a new stake in shares of Atmos Energy in the second quarter worth about $141,000. PDT Partners LLC purchased a new stake in shares of Atmos Energy in the second quarter worth about $2,836,000. Canada Pension Plan Investment Board bought a new position in shares of Atmos Energy in the second quarter valued at approximately $6,823,000. Finally, Kinloch Capital LLC purchased a new position in Atmos Energy during the second quarter valued at approximately $4,269,000. Institutional investors own 90.17% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on ATO. TD Cowen upped their target price 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. Morgan Stanley cut their price target on shares of Atmos Energy from $196.00 to $190.00 and set an "equal weight" rating for the company in a report on Friday, August 21st. Mizuho reduced 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 report on Friday, May 29th. Argus decreased their price target 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. Finally, Barclays lowered their price objective on Atmos Energy from $184.00 to $183.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 14th. Four research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Atmos Energy presently has a consensus rating of "Hold" and an average price target of $187.73.

Atmos Energy Stock Up 0.0%

Shares of NYSE ATO opened at $167.77 on Thursday. Atmos Energy Corporation has a 12 month low of $160.10 and a 12 month high of $192.51. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $28.35 billion, a price-to-earnings ratio of 19.95, a PEG ratio of 2.90 and a beta of 0.60. The business has a 50-day moving average of $173.13 and a 200-day moving average of $178.05.

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

Atmos Energy Dividend Announcement

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

Insider Buying and Selling at Atmos Energy

In related news, Director William James Ware acquired 300 shares of the stock in a transaction dated 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 transaction, the director owned 488 shares in the company, valued at $81,783.92. This represents a 159.57% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.43% of the company's stock.

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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