73,921 Shares in Atmos Energy Corporation $ATO Bought by Nykredit A S

Nykredit A S bought a new position in shares of Atmos Energy Corporation (NYSE:ATO) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 73,921 shares of the utilities provider’s stock, valued at approximately $12,734,000.

Other hedge funds also recently bought and sold shares of the company. Frazier Financial Advisors LLC bought a new position in shares of Atmos Energy in the second quarter worth about $25,000. Pin Oak Investment Advisors Inc. bought a new stake in Atmos Energy during the 2nd quarter valued at approximately $28,000. Garner Asset Management Corp acquired a new stake in Atmos Energy in the 4th quarter valued at approximately $25,000. Kingdom Financial Group LLC. acquired a new stake in Atmos Energy in the 4th quarter valued at approximately $26,000. Finally, Elevation Wealth Partners LLC increased its position 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 buying an additional 138 shares during the period. 90.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a research report on Monday, August 3rd. Truist Financial cut their target price on shares of Atmos Energy from $188.00 to $179.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Morgan Stanley reduced 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. Citigroup boosted their price objective 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. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Atmos Energy in a research report on Friday, August 28th. Four research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $187.73.

Atmos Energy Stock Performance

ATO opened at $167.38 on Friday. The stock’s 50 day simple moving average is $172.89 and its 200-day simple moving average is $177.90. 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 stock has a market cap of $28.29 billion, a PE ratio of 19.90, a P/E/G ratio of 2.93 and a beta of 0.60. Atmos Energy Corporation has a 1 year low of $160.10 and a 1 year high of $192.51.

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

Atmos Energy Dividend Announcement

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

Insider Activity at Atmos Energy

In other Atmos Energy news, Director William Ware bought 300 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost 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 approximately $81,783.92. The trade was a 159.57% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.43% of the company’s stock.

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.