Global Retirement Partners LLC Takes Position in Atmos Energy Corporation $ATO

Global Retirement Partners LLC acquired a new position in shares of Atmos Energy Corporation (NYSE:ATO) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,547 shares of the utilities provider’s stock, valued at approximately $611,000.

Other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp acquired a new stake in Atmos Energy in the second quarter valued at approximately $151,166,000. Focus Partners Advisor Solutions LLC purchased a new stake in shares of Atmos Energy in the 2nd quarter valued at approximately $1,081,000. Kelleher Financial Advisors purchased a new stake in shares of Atmos Energy in the 2nd quarter valued at approximately $86,000. GSA Capital Partners LLP acquired a new stake in shares of Atmos Energy in the 2nd quarter valued at $1,397,000. Finally, TFR Capital LLC. purchased a new stake in shares of Atmos Energy during the 2nd quarter worth $303,000. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Atmos Energy

In related news, Director William James Ware acquired 300 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average cost of $167.59 per share, for a total transaction of $50,277.00. Following the transaction, the director directly owned 488 shares of the company’s stock, valued at approximately $81,783.92. This trade represents a 159.57% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.43% of the stock is currently owned by company insiders.

Atmos Energy Price Performance

Atmos Energy stock opened at $170.60 on Wednesday. The company has a market cap of $28.83 billion, a P/E ratio of 20.29, a price-to-earnings-growth ratio of 2.94 and a beta of 0.60. Atmos Energy Corporation has a one year low of $160.10 and a one year high of $192.51. The business has a fifty day moving average of $173.54 and a two-hundred day moving average of $178.28. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.73 and a current ratio of 0.81.

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

Atmos Energy Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms recently commented on ATO. Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. Wells Fargo & Company assumed coverage on Atmos Energy in a research report on Monday, July 13th. They set an “overweight” rating and a $200.00 price objective for the company. TD Cowen increased their price objective on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday, May 15th. Truist Financial cut their target price on Atmos Energy from $188.00 to $179.00 and set a “hold” rating on the stock in a research report on Thursday, August 13th. Finally, Morgan Stanley set a $196.00 price target on Atmos Energy in a report on Wednesday, July 22nd. Four investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Atmos Energy presently has a consensus rating of “Hold” and an average target price of $188.27.

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.