Mather Group LLC. Buys 5,920 Shares of Atmos Energy Corporation $ATO

Mather Group LLC. boosted its stake in shares of Atmos Energy Corporation (NYSE:ATO) by 7.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 89,212 shares of the utilities provider’s stock after buying an additional 5,920 shares during the quarter. Mather Group LLC. owned approximately 0.05% of Atmos Energy worth $14,688,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in ATO. Frazier Financial Advisors LLC purchased a new position in Atmos Energy in the second quarter valued at about $25,000. Continuum Advisory LLC bought a new position in shares of Atmos Energy during the 2nd quarter valued at approximately $25,000. Elevation Wealth Partners LLC increased its stake in shares of Atmos Energy by 627.3% during the 2nd quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 138 shares during the last quarter. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Atmos Energy during the 2nd quarter worth approximately $28,000. Finally, Downshift Financial LLC increased its stake in shares of Atmos Energy by 2,514.3% during the 3rd quarter. Downshift Financial LLC now owns 183 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 176 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Insider Buying and Selling at Atmos Energy

In related news, Director William Ware purchased 300 shares of Atmos Energy stock in a transaction dated Tuesday, August 11th. The stock was bought at an average cost of $167.59 per share, for a total transaction of $50,277.00. Following the completion of the transaction, the director owned 488 shares in the company, valued at $81,783.92. This trade represents a 159.57% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.43% of the company’s stock.

Atmos Energy Stock Performance

Shares of ATO stock opened at $163.89 on Thursday. The stock has a market capitalization of $27.70 billion, a P/E ratio of 19.51, a PEG ratio of 2.64 and a beta of 0.57. 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 firm’s 50 day moving average is $164.27 and its 200 day moving average is $173.34. Atmos Energy Corporation has a 12 month low of $154.72 and a 12 month high of $192.51.

Atmos Energy (NYSE:ATO) last released its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $900.82 million. During the same period in the previous year, the business earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, sell-side analysts anticipate that Atmos Energy Corporation will post 8.47 earnings per share for the current year.

Atmos Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis 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 presently 47.62%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Truist Financial dropped their price objective on Atmos Energy from $188.00 to $179.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. Wells Fargo & Company assumed coverage on Atmos Energy in a research report on Monday, July 13th. They issued an “overweight” rating and a $200.00 target price for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Atmos Energy in a research report on Friday, August 28th. Jefferies Financial Group lowered their target price on Atmos Energy from $173.00 to $167.00 and set a “hold” rating on the stock in a research note on Thursday, October 1st. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $180.00 price target (down from $198.00) on shares of Atmos Energy in a research report on Friday, September 11th. Three research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $183.58.

About Atmos Energy

Atmos Energy Corporation is a regulated natural gas distribution and pipeline company headquartered in Dallas, Texas. The company delivers natural gas to residential, commercial, industrial and institutional customers and is one of the largest natural gas distributors in the United States.

Atmos Energy operates through two primary businesses: natural gas distribution and pipeline and storage operations. Its distribution activities include acquiring, transporting, storing and delivering natural gas, while its pipeline operations provide transportation and storage services and support the company’s distribution network.

The company serves customers across eight states, including Texas, Louisiana, Mississippi, Colorado, Kansas, Kentucky, Tennessee and Virginia.