Quantbot Technologies LP Buys New Shares in Atmos Energy Corporation $ATO

Quantbot Technologies LP purchased a new stake in shares of Atmos Energy Corporation (NYSE:ATO) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 25,562 shares of the utilities provider’s stock, valued at approximately $4,404,000.

Other large investors have also recently bought and sold shares of the company. Frazier Financial Advisors LLC bought a new stake in Atmos Energy in the second quarter worth approximately $25,000. Garner Asset Management Corp acquired a new position in shares of Atmos Energy during the 4th quarter valued at $25,000. Kingdom Financial Group LLC. bought a new stake in Atmos Energy in the fourth quarter valued at $26,000. Elevation Wealth Partners LLC raised its holdings in shares of Atmos Energy by 627.3% during the second quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 138 shares during the period. Finally, Western Wealth Management LLC acquired a new position in shares of Atmos Energy during the first quarter valued at about $34,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Atmos Energy Stock Performance

Shares of ATO opened at $167.16 on Monday. The firm has a market capitalization of $28.25 billion, a P/E ratio of 19.88, a P/E/G ratio of 2.89 and a beta of 0.60. Atmos Energy Corporation has a 52 week low of $160.10 and a 52 week high of $192.51. The stock has a 50 day moving average price of $173.57 and a two-hundred day moving average price of $178.34. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.73 and a current ratio of 0.81.

Atmos Energy (NYSE:ATO) last announced 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 return on equity of 9.67% and a net margin of 28.50%.The business had revenue of $879.06 million during the quarter, compared to the consensus estimate of $900.82 million. During the same quarter in the prior year, the company posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities analysts forecast that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

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

Analyst Ratings Changes

Several analysts have recently commented on the company. Wall Street Zen downgraded Atmos Energy from a “hold” rating to a “sell” rating in a research note on Monday, August 3rd. Citigroup upped their price target on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. TD Cowen increased their price target on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a report on Friday, May 15th. Mizuho reduced their price objective on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Finally, Argus decreased their price objective on Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Four equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $187.73.

Insider Activity at Atmos Energy

In other news, Director William James Ware purchased 300 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average cost of $167.59 per share, with a total value of $50,277.00. Following the completion of the transaction, the director directly owned 488 shares of the company’s stock, valued at approximately $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 SEC, which can be accessed through this link. 0.43% of the stock is currently owned by corporate insiders.

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.