Squarepoint Ops LLC Has $23.84 Million Holdings in Atmos Energy Corporation $ATO

Squarepoint Ops LLC grew its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 253.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,416 shares of the utilities provider’s stock after buying an additional 99,201 shares during the quarter. Squarepoint Ops LLC’s holdings in Atmos Energy were worth $23,845,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Brighton Jones LLC acquired a new stake in shares of Atmos Energy during the 4th quarter worth about $233,000. Integrated Wealth Concepts LLC raised its holdings 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 acquiring an additional 308 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Atmos Energy by 8.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock valued at $2,676,000 after acquiring an additional 1,331 shares during the period. Empowered Funds LLC lifted its position in Atmos Energy by 8.5% during the first quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock worth $482,000 after acquiring an additional 245 shares during the last quarter. Finally, Woodline Partners LP lifted its position in 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 acquiring an additional 4,088 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on ATO shares. Morgan Stanley dropped their price target on Atmos Energy from $196.00 to $190.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Atmos Energy in a research report on Friday, August 28th. JPMorgan Chase & Co. lifted their target price on Atmos Energy from $196.00 to $198.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Wells Fargo & Company initiated coverage on shares of Atmos Energy in a research report on Monday, July 13th. They issued an “overweight” rating and a $200.00 target price for the company. Finally, 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. Four equities 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 has an average rating of “Hold” and a consensus price target of $187.73.

Atmos Energy Stock Performance

NYSE:ATO opened at $168.16 on Wednesday. The company has a market cap of $28.42 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 2.90 and a beta of 0.60. Atmos Energy Corporation has a fifty-two week low of $160.10 and a fifty-two week high of $192.51. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.73 and a current ratio of 0.81. The stock has a fifty day moving average price of $172.66 and a 200-day moving average price of $177.73.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, topping 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 business had revenue of $879.06 million for the quarter, compared to analyst estimates of $900.82 million. During the same quarter last year, the business 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 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Monday, August 24th. Atmos Energy’s dividend payout ratio is presently 47.56%.

Insider Buying and Selling

In other news, Director William Ware acquired 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, with a total value of $50,277.00. Following the completion of the purchase, the director directly owned 488 shares of the company’s stock, valued at $81,783.92. This represents a 159.57% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.43% of the company’s stock.

About Atmos Energy

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.