Ontario Teachers Pension Plan Board Acquires Shares of 586,175 Atmos Energy Corporation $ATO

Key Points

• Ontario Teachers Pension Plan Board acquired 586,175 shares of Atmos Energy worth approximately $101 million, making the utility company 0.6% of its portfolio and giving the fund a 0.35% stake.
• Atmos Energy exceeded quarterly earnings expectations, reporting $1.43 in EPS versus the $1.35 consensus, while setting fiscal 2026 EPS guidance at $8.40–$8.50.
• The company declared a quarterly dividend of $1.00 per share, or $4.00 annualized, representing a 2.3% yield; analysts maintain a consensus “Hold” rating with an average price target of $188.27.

Ontario Teachers Pension Plan Board 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 13F filing with the Securities & Exchange Commission. The fund acquired 586,175 shares of the utilities provider's stock, valued at approximately $100,980,000. Atmos Energy makes up about 0.6% of Ontario Teachers Pension Plan Board's investment portfolio, making the stock its 24th biggest position. Ontario Teachers Pension Plan Board owned 0.35% of Atmos Energy at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of ATO. Garner Asset Management Corp purchased a new stake in shares of Atmos Energy during the 4th quarter valued at about $25,000. Kingdom Financial Group LLC. acquired a new position in Atmos Energy during the 4th quarter worth approximately $26,000. Elevation Wealth Partners LLC boosted its holdings in Atmos Energy by 627.3% in 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. Elevated Capital Advisors LLC purchased a new position in Atmos Energy in the 4th quarter worth approximately $32,000. Finally, Western Wealth Management LLC acquired a new stake in Atmos Energy in the first quarter valued at approximately $34,000. Hedge funds and other institutional investors own 90.17% of the company's stock.

Atmos Energy Stock Performance

ATO stock opened at $170.60 on Wednesday. The stock's 50 day simple moving average is $173.54 and its 200 day simple moving average is $178.28. Atmos Energy Corporation has a 12-month low of $160.10 and a 12-month high of $192.51. The firm has a market cap of $28.83 billion, a P/E ratio of 20.29, a P/E/G ratio of 2.94 and a beta of 0.60. 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 released its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 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 the consensus estimate of $900.82 million. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. During the same quarter in the previous 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, equities research analysts predict that Atmos Energy Corporation will post 8.46 EPS for the current year.

Atmos Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be paid a dividend of $1.00 per share. The ex-dividend date is Monday, August 24th. This represents a $4.00 annualized dividend and a yield of 2.3%. Atmos Energy's dividend payout ratio is 47.56%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ATO shares. Citigroup boosted their target price on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a "neutral" rating in a research report on Friday, May 8th. TD Cowen raised their price target on shares of Atmos Energy from $193.00 to $196.00 and gave the company a "hold" rating in a report on Friday, May 15th. Morgan Stanley set a $196.00 price target on shares of Atmos Energy in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. boosted their price objective on shares of Atmos Energy from $196.00 to $198.00 and gave the stock an "overweight" rating in a report on Tuesday, July 14th. Finally, Weiss Ratings cut shares of Atmos Energy from a "buy (b+)" rating to a "buy (b)" rating in a research report on Tuesday, June 2nd. 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 currently has a consensus rating of "Hold" and an average price target of $188.27.

Insiders Place Their Bets

In other Atmos Energy news, Director William James Ware bought 300 shares of the business's stock in a transaction on Tuesday, August 11th. The shares were purchased 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 directly owned 488 shares of the company's stock, valued at approximately $81,783.92. The trade was a 159.57% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.43% of the stock is currently owned by company insiders.

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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