S.E.E.D. Planning Group LLC Makes New $5.77 Million Investment in Atmos Energy Corporation $ATO

S.E.E.D. Planning Group LLC purchased a new stake in shares of Atmos Energy Corporation (NYSE:ATO) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 36,862 shares of the utilities provider’s stock, valued at approximately $5,767,000. Atmos Energy makes up about 1.4% of S.E.E.D. Planning Group LLC’s investment portfolio, making the stock its 23rd biggest position.

Several other institutional investors have also bought and sold shares of the business. Compound Planning Inc. boosted its position in Atmos Energy by 3.7% during the first quarter. Compound Planning Inc. now owns 1,716 shares of the utilities provider’s stock valued at $317,000 after purchasing an additional 62 shares during the last quarter. Wealthfront Advisers LLC increased its stake in shares of Atmos Energy by 0.8% during the 1st quarter. Wealthfront Advisers LLC now owns 8,153 shares of the utilities provider’s stock worth $1,506,000 after purchasing an additional 65 shares during the last quarter. Root Financial Partners LLC grew its holdings in Atmos Energy by 39.1% during the first quarter. Root Financial Partners LLC now owns 235 shares of the utilities provider’s stock worth $43,000 after purchasing an additional 66 shares during the period. Versant Capital Management Inc increased its position in Atmos Energy by 6.3% during the second quarter. Versant Capital Management Inc now owns 1,119 shares of the utilities provider’s stock worth $193,000 after buying an additional 66 shares during the last quarter. Finally, Amarillo National Bank increased its position in Atmos Energy by 0.3% during the first quarter. Amarillo National Bank now owns 28,641 shares of the utilities provider’s stock worth $5,291,000 after buying an additional 74 shares during the last quarter. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Price Performance

Shares of ATO traded up $0.55 during trading hours on Wednesday, hitting $160.29. 256,283 shares of the company were exchanged, compared to its average volume of 1,223,453. The company has a market cap of $27.09 billion, a price-to-earnings ratio of 19.08, a P/E/G ratio of 2.56 and a beta of 0.57. Atmos Energy Corporation has a fifty-two week low of $154.72 and a fifty-two week high of $192.51. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.64. The firm’s fifty day moving average is $165.71 and its 200 day moving average is $174.19.

Atmos Energy (NYSE:ATO) last issued its quarterly 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 company had revenue of $879.06 million for 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 last year, the business earned $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities analysts anticipate that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders 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 annualized dividend and a dividend yield of 2.5%. Atmos Energy’s payout ratio is presently 47.62%.

Insider Activity at Atmos Energy

In other news, Director William Ware purchased 300 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $167.59 per share, with a total value of $50,277.00. Following the acquisition, the director owned 488 shares in the company, valued at approximately $81,783.92. The trade was a 159.57% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ATO. Barclays reduced their target price on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 14th. Jefferies Financial Group cut their target price on shares of Atmos Energy from $173.00 to $167.00 and set a “hold” rating for the company in a research note on Thursday, October 1st. Argus reiterated a “buy” rating and issued a $185.00 price target on shares of Atmos Energy in a research note on Tuesday. Wells Fargo & Company initiated coverage on Atmos Energy in a report on Monday, July 13th. They set an “overweight” rating and a $200.00 price objective for the company. Finally, Wall Street Zen downgraded shares of Atmos Energy from a “hold” rating to a “sell” rating in a research note on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Atmos Energy presently has a consensus rating of “Hold” and a consensus target price of $183.58.

Atmos Energy Company Profile

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.