Atmos Energy Corporation $ATO Shares Bought by Huntington National Bank

Huntington National Bank raised its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 4.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 447,619 shares of the utilities provider’s stock after buying an additional 19,939 shares during the quarter. Huntington National Bank’s holdings in Atmos Energy were worth $76,432,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of ATO. Caitlin John LLC purchased a new stake in Atmos Energy during the 3rd quarter valued at about $40,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of Atmos Energy by 308.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 5,260 shares of the utilities provider’s stock worth $898,000 after purchasing an additional 3,973 shares during the last quarter. Diversify Wealth Management LLC grew its position in shares of Atmos Energy by 3.3% in the third quarter. Diversify Wealth Management LLC now owns 41,921 shares of the utilities provider’s stock valued at $7,240,000 after purchasing an additional 1,357 shares in the last quarter. Integrated Advisors Network LLC acquired a new stake in shares of Atmos Energy in the third quarter valued at approximately $281,000. Finally, DNB Asset Management AS lifted its position in Atmos Energy by 3.5% during the third quarter. DNB Asset Management AS now owns 41,609 shares of the utilities provider’s stock worth $7,105,000 after buying an additional 1,413 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Atmos Energy Price Performance

Shares of ATO opened at $186.79 on Friday. The firm has a 50-day simple moving average of $171.56 and a two-hundred day simple moving average of $170.90. The stock has a market cap of $30.90 billion, a PE ratio of 24.26, a P/E/G ratio of 3.19 and a beta of 0.75. Atmos Energy Corporation has a 1-year low of $141.59 and a 1-year high of $187.82. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 1.02.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, topping the consensus estimate of $2.41 by $0.03. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the business posted $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, analysts forecast that Atmos Energy Corporation will post 7.18 EPS for the current year.

Atmos Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Stockholders of record on Monday, February 23rd will be paid a $1.00 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.1%. Atmos Energy’s payout ratio is presently 51.95%.

Insider Activity

In related news, Director Sean Donohue sold 450 shares of the business’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $171.15, for a total value of $77,017.50. Following the sale, the director owned 877 shares in the company, valued at approximately $150,098.55. The trade was a 33.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ATO. Mizuho raised their target price on Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. Barclays upped their price objective on shares of Atmos Energy from $165.00 to $167.00 and gave the company an “equal weight” rating in a report on Tuesday, January 27th. UBS Group lifted their target price on shares of Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Atmos Energy in a report on Monday, December 29th. Finally, Citigroup raised their price target on shares of Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $175.67.

Atmos Energy Company 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.