Corient Private Wealth LP Makes New Investment in Atmos Energy Corporation $ATO

Corient Private Wealth LP purchased a new position in shares of Atmos Energy Corporation (NYSE:ATO) during the second quarter, Holdings Channel reports. The firm purchased 88,635 shares of the utilities provider’s stock, valued at approximately $15,269,000.

Several other institutional investors also recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Atmos Energy during the 2nd quarter valued at approximately $2,624,975,000. Eurizon Capital SGR S.p.A. acquired a new stake in Atmos Energy in the 4th quarter worth about $34,582,000. Principal Financial Group Inc. increased its stake in Atmos Energy by 30.9% during the 4th quarter. Principal Financial Group Inc. now owns 486,229 shares of the utilities provider’s stock worth $81,507,000 after buying an additional 114,836 shares in the last quarter. Opal Capital LLC acquired a new position in shares of Atmos Energy during the first quarter valued at approximately $6,154,000. Finally, Entropy Technologies LP purchased a new position in shares of Atmos Energy in the first quarter valued at approximately $2,558,000. 90.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on ATO shares. Mizuho dropped their price target on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research report on Friday, May 29th. Citigroup upped their target price on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Truist Financial decreased their price target on shares of Atmos Energy from $188.00 to $179.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. Barclays lowered their price target on shares of 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. Finally, Argus cut their price objective on shares of Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Four equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $187.73.

Insider Buying and Selling at Atmos Energy

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

Atmos Energy Stock Down 0.3%

NYSE ATO opened at $166.77 on Friday. Atmos Energy Corporation has a 52 week low of $160.10 and a 52 week high of $192.51. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.64. The business’s fifty day simple moving average is $173.37 and its 200-day simple moving average is $178.18. The firm has a market cap of $28.18 billion, a PE ratio of 19.83, a P/E/G ratio of 2.89 and a beta of 0.60.

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

Atmos Energy Dividend Announcement

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

Atmos Energy 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.