3,336 Shares in Atmos Energy Corporation $ATO Acquired by VestGen Advisors LLC

VestGen Advisors LLC acquired a new position in shares of Atmos Energy Corporation (NYSE:ATO) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,336 shares of the utilities provider’s stock, valued at approximately $522,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Frazier Financial Advisors LLC bought a new stake in shares of Atmos Energy in the 2nd quarter valued at approximately $25,000. Continuum Advisory LLC acquired a new stake in shares of Atmos Energy in the 2nd quarter valued at $25,000. Pin Oak Investment Advisors Inc. bought a new stake in shares of Atmos Energy during the second quarter worth $28,000. Elevation Wealth Partners LLC increased its position in Atmos Energy by 627.3% in the second quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 138 shares during the period. Finally, Downshift Financial LLC raised its holdings in Atmos Energy by 2,514.3% during the 3rd quarter. Downshift Financial LLC now owns 183 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 176 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Insider Buying and Selling at Atmos Energy

In other news, Director William Ware bought 300 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of $167.59 per share, for a total transaction of $50,277.00. Following the completion of the acquisition, the director owned 488 shares in the company, valued at approximately $81,783.92. This represents a 159.57% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on ATO shares. JPMorgan Chase & Co. downgraded Atmos Energy from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $198.00 to $180.00 in a report on Friday, September 11th. Wells Fargo & Company assumed coverage on Atmos Energy in a research note on Monday, July 13th. They issued an “overweight” rating and a $200.00 price target for the company. Wall Street Zen downgraded shares of Atmos Energy from a “hold” rating to a “sell” rating in a research report on Monday, August 3rd. Morgan Stanley lifted their price objective on shares of Atmos Energy from $179.00 to $182.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 21st. Finally, Weiss Ratings cut shares of Atmos Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $183.27.

Atmos Energy Stock Performance

ATO opened at $172.53 on Monday. The company has a market capitalization of $29.16 billion, a price-to-earnings ratio of 20.54, a P/E/G ratio of 2.74 and a beta of 0.56. The business’s 50-day moving average price is $164.16 and its two-hundred day moving average price is $174.11. Atmos Energy Corporation has a 1 year low of $154.72 and a 1 year high of $192.51. 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 released its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share 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 the consensus estimate 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 prior year, the firm posted $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities analysts expect that Atmos Energy Corporation will post 8.47 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, August 24th. Atmos Energy’s dividend payout ratio is presently 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.