8,136 Shares in Atmos Energy Corporation $ATO Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new position in Atmos Energy Corporation (NYSE:ATO) during the 2nd quarter, HoldingsChannel reports. The fund acquired 8,136 shares of the utilities provider’s stock, valued at approximately $1,402,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ATO. Garner Asset Management Corp bought a new position in shares of Atmos Energy during the 4th quarter valued at approximately $25,000. Frazier Financial Advisors LLC bought a new stake in shares of Atmos Energy in the 2nd quarter worth approximately $25,000. Kingdom Financial Group LLC. bought a new stake in shares of Atmos Energy in the 4th quarter worth approximately $26,000. Elevation Wealth Partners LLC lifted its stake in Atmos Energy by 627.3% in the second quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 138 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new position in Atmos Energy in the first quarter valued at approximately $34,000. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director William James Ware bought 300 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of $167.59 per share, for a total transaction of $50,277.00. Following the purchase, the director directly owned 488 shares in the company, valued at $81,783.92. This trade represents a 159.57% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.43% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ATO has been the subject of a number of recent research reports. Mizuho decreased their target price on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research report on Friday, May 29th. JPMorgan Chase & Co. upped their price target on Atmos Energy from $196.00 to $198.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. TD Cowen increased their price target on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research note on Friday, May 15th. Morgan Stanley decreased their price objective on Atmos Energy from $196.00 to $190.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. Finally, Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a research note on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $187.73.

Atmos Energy Trading Up 1.1%

Shares of ATO stock opened at $169.35 on Thursday. The stock has a market capitalization of $28.62 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 2.90 and a beta of 0.60. The company’s fifty day simple moving average is $173.49 and its two-hundred day simple moving average is $178.29. Atmos Energy Corporation has a 1 year low of $160.10 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 posted 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 firm had revenue of $879.06 million during the quarter, compared to analyst estimates of $900.82 million. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%.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. As a group, analysts anticipate that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a $1.00 dividend. The ex-dividend date 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%.

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.