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Tidal Investments LLC Purchases 26,454 Shares of Atmos Energy Corporation $ATO

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Key Points

  • Tidal Investments increased its Atmos Energy stake by 163.5% in the second quarter, buying 26,454 shares to reach 42,632 shares valued at approximately $7.34 million. Institutional investors collectively own 90.17% of the company.
  • Analysts maintain a largely cautious outlook, with a consensus “Hold” rating and average price target of $186.09; several firms recently reduced their targets. Atmos Energy shares opened at $163.27, near their 12-month low.
  • Atmos Energy exceeded quarterly EPS expectations, reporting $1.43 versus the $1.35 consensus, and reaffirmed fiscal 2026 EPS guidance of $8.40–$8.50. The company also paid a quarterly dividend of $1.00, equivalent to a 2.4% annual yield.
  • Five stocks we like better than Atmos Energy.

Tidal Investments LLC raised its position in shares of Atmos Energy Corporation (NYSE:ATO - Free Report) by 163.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,632 shares of the utilities provider's stock after buying an additional 26,454 shares during the period. Tidal Investments LLC's holdings in Atmos Energy were worth $7,344,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC bought a new stake in Atmos Energy during the 4th quarter worth approximately $233,000. Integrated Wealth Concepts LLC raised its position in Atmos Energy by 10.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider's stock valued at $490,000 after purchasing an additional 308 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Atmos Energy by 8.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider's stock worth $2,676,000 after purchasing an additional 1,331 shares in the last quarter. Empowered Funds LLC boosted its stake in Atmos Energy by 8.5% in the first quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider's stock worth $482,000 after purchasing an additional 245 shares in the last quarter. Finally, Woodline Partners LP grew its holdings in shares of Atmos Energy by 43.9% during the first quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider's stock worth $2,073,000 after purchasing an additional 4,088 shares during the last quarter. Institutional investors own 90.17% of the company's stock.

Insider Activity

In other Atmos Energy news, Director William Ware purchased 300 shares of the stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $167.59 per share, for a total transaction of $50,277.00. Following the transaction, the director directly owned 488 shares in the company, valued at $81,783.92. This represents a 159.57% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.43% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. restated a "neutral" rating and issued a $180.00 target price (down from $198.00) on shares of Atmos Energy in a research note on Friday. Argus reduced their price target on shares of Atmos Energy from $190.00 to $185.00 and set a "buy" rating on the stock in a research report on Thursday, July 2nd. Morgan Stanley decreased their price objective on shares of Atmos Energy from $196.00 to $190.00 and set an "equal weight" rating on the stock in a report on Friday, August 21st. Barclays lowered their price objective on shares of Atmos Energy from $184.00 to $183.00 and set an "equal weight" rating for the company in a research report on Tuesday, July 14th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Atmos Energy in a research note on Friday, August 28th. Three analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. According to MarketBeat, Atmos Energy currently has a consensus rating of "Hold" and an average price target of $186.09.

View Our Latest Report on ATO

Atmos Energy Trading Down 0.9%

ATO stock opened at $163.27 on Friday. 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 twelve month low of $160.10 and a twelve month high of $192.51. The company has a market cap of $27.59 billion, a P/E ratio of 19.41, a PEG ratio of 2.83 and a beta of 0.60. The business has a fifty day moving average of $172.03 and a 200-day moving average of $177.43.

Atmos Energy (NYSE:ATO - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.08. The business had revenue of $879.06 million for 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 quarter last year, the business earned $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 expect that Atmos Energy Corporation will post 8.46 EPS for the current year.

Atmos Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th were paid 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 was Monday, August 24th. Atmos Energy's dividend payout ratio (DPR) is 47.56%.

Atmos Energy Profile

(Free Report)

Atmos Energy Corporation NYSE: ATO is a regulated natural gas distribution and pipeline company headquartered in Dallas, Texas. Through its utility operations, the company delivers natural gas to residential, commercial, industrial and agricultural customers, with services focused on safe and reliable energy delivery.

Atmos Energy serves customers across eight states: Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, Texas and Virginia. Its operations include local natural gas distribution as well as pipeline transportation and storage activities, primarily through its Atmos Pipeline-Texas business.

The company traces its roots to 1906 and has expanded over time through growth and acquisitions in the natural gas industry.

See Also

Want to see what other hedge funds are holding ATO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atmos Energy Corporation (NYSE:ATO - Free Report).

Institutional Ownership by Quarter for Atmos Energy (NYSE:ATO)

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