Deutsche Bank AG Buys Shares of 2,505,816 Atmos Energy Corporation $ATO

Deutsche Bank AG acquired a new stake in Atmos Energy Corporation (NYSE:ATO) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 2,505,816 shares of the utilities provider’s stock, valued at approximately $431,677,000.

Other institutional investors also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC acquired a new stake in Atmos Energy in the second quarter worth about $347,000. Phillips Wealth Planners LLC bought a new stake in Atmos Energy during the second quarter worth approximately $287,000. Trust Co. of Vermont bought a new stake in shares of Atmos Energy during the 2nd quarter worth $2,403,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Atmos Energy in the 2nd quarter valued at $73,896,000. Finally, Plato Investment Management Ltd purchased a new position in shares of Atmos Energy in the second quarter worth approximately $603,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Insider Activity at Atmos Energy

In related news, Director William James Ware purchased 300 shares of the stock in a transaction dated Tuesday, August 11th. The stock was bought at an average cost of $167.59 per share, with a total value of $50,277.00. Following the purchase, the director directly owned 488 shares in the company, valued at $81,783.92. The trade was a 159.57% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.43% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

ATO has been the topic of a number of research analyst reports. Mizuho lowered their price target on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Argus lowered their price target on Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a research report on Thursday, July 2nd. Barclays lowered their price target 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. Weiss Ratings lowered shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. Finally, 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. Four equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Atmos Energy presently has a consensus rating of “Hold” and an average price target of $188.27.

Atmos Energy Stock Up 0.1%

Shares of ATO opened at $170.12 on Tuesday. The business’s fifty day moving average price is $173.47 and its two-hundred day moving average price is $178.25. The firm has a market capitalization of $28.75 billion, a price-to-earnings ratio of 20.23, a PEG ratio of 2.94 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 data on Wednesday, August 5th. The utilities provider reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.08. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%.The firm had revenue of $879.06 million during the quarter, compared to analyst estimates of $900.82 million. During the same period last year, the company earned $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, analysts predict that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Dividend Announcement

The business 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 dividend on an annualized basis and a dividend yield of 2.4%. Atmos Energy’s payout ratio is 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.