Revolve Wealth Partners LLC Acquires Shares of 3,962 Atmos Energy Corporation $ATO

Revolve Wealth Partners LLC acquired a new position in Atmos Energy Corporation (NYSE:ATO) in the 2nd quarter, Holdings Channel reports. The firm acquired 3,962 shares of the utilities provider’s stock, valued at approximately $683,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in Atmos Energy by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 21,032,554 shares of the utilities provider’s stock worth $3,525,687,000 after buying an additional 276,485 shares in the last quarter. Capital International Investors boosted its position in Atmos Energy by 8.5% during the 4th quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider’s stock valued at $1,993,968,000 after acquiring an additional 927,986 shares in the last quarter. State Street Corp grew its holdings in shares of Atmos Energy by 1.5% during the 4th quarter. State Street Corp now owns 10,786,358 shares of the utilities provider’s stock worth $1,808,117,000 after acquiring an additional 155,836 shares during the period. Geode Capital Management LLC raised its position in shares of Atmos Energy by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 4,214,985 shares of the utilities provider’s stock worth $703,824,000 after acquiring an additional 78,438 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of Atmos Energy by 11.0% in the 1st quarter. Bank of America Corp DE now owns 4,199,433 shares of the utilities provider’s stock worth $775,719,000 after acquiring an additional 416,933 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ATO has been the topic of several recent research reports. Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a research note on Monday, August 3rd. Barclays dropped their target price on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 14th. TD Cowen upped their target price on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Wells Fargo & Company initiated coverage on Atmos Energy in a research report on Monday, July 13th. They issued an “overweight” rating and a $200.00 price target on the stock. Finally, Argus dropped their target price on Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a report on Thursday, July 2nd. Four analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $189.09.

Atmos Energy Trading Up 0.7%

Shares of NYSE ATO opened at $169.02 on Wednesday. The firm’s 50 day moving average price is $173.39 and its 200-day moving average price is $178.16. The company has a market cap of $28.56 billion, a PE ratio of 20.10, a P/E/G ratio of 2.91 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 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 for the quarter, beating 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 company had revenue of $879.06 million during the quarter, compared to the consensus estimate of $900.82 million. During the same quarter last year, the firm earned $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities research analysts expect that Atmos Energy Corporation will post 8.46 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be paid 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 payout ratio is currently 47.56%.

Atmos Energy 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.