Miller Howard Investments Inc. NY Sells 6,061 Shares of Atmos Energy Corporation $ATO

Miller Howard Investments Inc. NY trimmed its position in Atmos Energy Corporation (NYSE:ATO) by 11.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,216 shares of the utilities provider’s stock after selling 6,061 shares during the quarter. Miller Howard Investments Inc. NY’s holdings in Atmos Energy were worth $7,699,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in ATO. Kingswood Wealth Advisors LLC lifted its position in shares of Atmos Energy by 5.3% in the third quarter. Kingswood Wealth Advisors LLC now owns 2,255 shares of the utilities provider’s stock worth $353,000 after buying an additional 114 shares in the last quarter. Trueblood Wealth Management LLC boosted its stake in Atmos Energy by 10.9% during the third quarter. Trueblood Wealth Management LLC now owns 2,444 shares of the utilities provider’s stock valued at $382,000 after buying an additional 240 shares during the last quarter. Signaturefd LLC boosted its stake in Atmos Energy by 77.7% during the third quarter. Signaturefd LLC now owns 6,112 shares of the utilities provider’s stock valued at $956,000 after buying an additional 2,673 shares during the last quarter. BG Investment Services LLC bought a new position in Atmos Energy during the third quarter valued at approximately $1,304,000. Finally, Citizens Financial Group Inc. RI grew its holdings in Atmos Energy by 86.4% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 15,059 shares of the utilities provider’s stock valued at $2,356,000 after buying an additional 6,978 shares in the last quarter. 90.17% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director William Ware acquired 300 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost 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 ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.43% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Jefferies Financial Group reduced their price objective 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. Barclays decreased their price objective on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 14th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $180.00 target price (down from $198.00) on shares of Atmos Energy in a research report on Friday, September 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Atmos Energy in a research report on Friday, August 28th. Finally, Wall Street Zen lowered shares of Atmos Energy from a “hold” rating to a “sell” rating in a report on Monday, August 3rd. Three analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $183.27.

Atmos Energy Price Performance

NYSE:ATO opened at $171.32 on Tuesday. The firm has a market capitalization of $28.95 billion, a price-to-earnings ratio of 20.40, a PEG ratio of 2.74 and a beta of 0.57. Atmos Energy Corporation has a 1 year low of $154.72 and a 1 year high of $192.51. The business has a 50 day simple moving average of $164.12 and a 200-day simple moving average of $174.02. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.81 and a quick ratio of 0.73.

Atmos Energy (NYSE:ATO) last announced its earnings results on Wednesday, August 5th. The utilities provider reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.08. The firm had revenue of $879.06 million during the quarter, compared to analysts’ expectations of $900.82 million. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%. During the same quarter in the previous year, the business earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities analysts forecast that Atmos Energy Corporation will post 8.47 EPS for the current year.

Atmos Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 24th were given a $1.00 dividend. The ex-dividend date was Monday, August 24th. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. Atmos Energy’s dividend payout ratio (DPR) is currently 47.62%.

Atmos Energy Company Profile

Atmos Energy Corporation (NYSE:ATO) is a regulated natural gas utility that distributes natural gas to residential, commercial, industrial and agricultural customers. The company also operates natural gas pipeline and storage assets, supporting the transportation and management of gas within its service areas.

Atmos Energy serves more than 3 million distribution customers across eight states, including Texas, Louisiana, Mississippi, Tennessee, Kentucky, Virginia, Kansas and Colorado. Its distribution operations include a large network of natural gas pipelines and related infrastructure, while its pipeline and storage business provides transportation and storage services primarily in Texas and Mississippi.

The company traces its history to 1906 and is headquartered in Dallas, Texas.