7,927 Shares in Atmos Energy Corporation $ATO Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC acquired a new stake in Atmos Energy Corporation (NYSE:ATO) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 7,927 shares of the utilities provider’s stock, valued at approximately $1,366,000.

Several other institutional investors have also added to or reduced their stakes in ATO. Brighton Jones LLC bought a new position in Atmos Energy during the fourth quarter worth about $233,000. Integrated Wealth Concepts LLC raised its position in shares of Atmos Energy by 10.8% in the first quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock valued at $490,000 after purchasing an additional 308 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Atmos Energy by 8.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock valued at $2,676,000 after purchasing an additional 1,331 shares during the period. Empowered Funds LLC lifted its stake in shares of Atmos Energy by 8.5% during the 1st quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock valued at $482,000 after buying an additional 245 shares in the last quarter. Finally, Woodline Partners LP boosted its holdings in Atmos Energy by 43.9% in the 1st quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock worth $2,073,000 after buying an additional 4,088 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ATO has been the subject of a number of recent research reports. Mizuho reduced their price objective on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Citigroup increased their target price on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. Morgan Stanley reduced their price target on Atmos Energy from $196.00 to $190.00 and set an “equal weight” rating for the company in a research report on Friday. Finally, Barclays decreased their price objective on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 14th. Four equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $187.73.

Atmos Energy Price Performance

Shares of NYSE:ATO opened at $167.16 on Friday. The company has a 50 day moving average of $173.57 and a 200 day moving average of $178.26. The stock has a market cap of $28.25 billion, a P/E ratio of 19.88, a P/E/G ratio of 2.95 and a beta of 0.60. Atmos Energy Corporation has a 12 month low of $160.10 and a 12 month high of $192.51. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64.

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

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $4.00 annualized dividend and a yield of 2.4%. Atmos Energy’s dividend payout ratio (DPR) is currently 47.56%.

Insider Transactions at Atmos Energy

In other Atmos Energy news, Director William James Ware bought 300 shares of Atmos Energy stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of $167.59 per share, for a total transaction of $50,277.00. Following the completion of the transaction, the director directly owned 488 shares in the company, valued at $81,783.92. This represents a 159.57% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.43% of the company’s stock.

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.