Huntington National Bank lifted its position in Atmos Energy Corporation (NYSE:ATO – Free Report) by 4.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 447,619 shares of the utilities provider’s stock after purchasing an additional 19,939 shares during the quarter. Huntington National Bank owned about 0.28% of Atmos Energy worth $76,432,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB raised its position in Atmos Energy by 30.4% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 279 shares of the utilities provider’s stock worth $48,000 after buying an additional 65 shares during the last quarter. Little House Capital LLC boosted its holdings in shares of Atmos Energy by 0.6% in the 3rd quarter. Little House Capital LLC now owns 10,733 shares of the utilities provider’s stock valued at $1,833,000 after acquiring an additional 66 shares during the last quarter. PAX Financial Group LLC increased its stake in shares of Atmos Energy by 2.3% in the third quarter. PAX Financial Group LLC now owns 3,178 shares of the utilities provider’s stock worth $543,000 after acquiring an additional 70 shares during the period. Financial Network Wealth Advisors LLC raised its holdings in shares of Atmos Energy by 8.9% during the third quarter. Financial Network Wealth Advisors LLC now owns 868 shares of the utilities provider’s stock worth $148,000 after purchasing an additional 71 shares during the last quarter. Finally, Westside Investment Management Inc. raised its holdings in shares of Atmos Energy by 24.0% during the second quarter. Westside Investment Management Inc. now owns 372 shares of the utilities provider’s stock worth $57,000 after purchasing an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.
Insider Transactions at Atmos Energy
In other Atmos Energy news, Director Sean Donohue sold 450 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $171.15, for a total transaction of $77,017.50. Following the completion of the sale, the director directly owned 877 shares in the company, valued at approximately $150,098.55. The trade was a 33.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.43% of the company’s stock.
Atmos Energy Trading Up 1.7%
Atmos Energy (NYSE:ATO – Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, topping the consensus estimate of $2.41 by $0.03. The company had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.21 billion. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. During the same quarter in the previous year, the firm earned $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. On average, equities research analysts forecast that Atmos Energy Corporation will post 7.18 earnings per share for the current fiscal year.
Atmos Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, February 23rd will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, February 23rd. Atmos Energy’s payout ratio is presently 51.95%.
Wall Street Analysts Forecast Growth
Several research firms have commented on ATO. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Atmos Energy in a report on Monday, December 29th. Mizuho upped their target price on Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. UBS Group lifted their price target on Atmos Energy from $159.00 to $174.00 and gave the company a “neutral” rating in a research report on Wednesday, December 17th. Zacks Research upgraded Atmos Energy to a “hold” rating in a research report on Tuesday, November 18th. Finally, Morgan Stanley set a $192.00 price objective on shares of Atmos Energy in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $175.67.
Get Our Latest Research Report on ATO
Atmos Energy Company 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.
See Also
- Five stocks we like better than Atmos Energy
- 3 Signs You May Want to Switch Financial Advisors
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- 1,500 Banks Just Handed the Fed Your Bank Account
- The Biggest IPO Ever… Open to Everyday Folks
- Read this or regret it forever
Want to see what other hedge funds are holding ATO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atmos Energy Corporation (NYSE:ATO – Free Report).
Receive News & Ratings for Atmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.
