UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 34,696 Shares of Atmos Energy Corporation $ATO

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Atmos Energy Corporation (NYSE:ATO) by 3.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,098,374 shares of the utilities provider’s stock after buying an additional 34,696 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.65% of Atmos Energy worth $189,217,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Atmos Energy during the 2nd quarter valued at $2,624,975,000. Bank of America Corp DE acquired a new position in Atmos Energy during the 2nd quarter valued at about $720,212,000. Deutsche Bank AG bought a new stake in Atmos Energy during the second quarter worth $431,677,000. Norges Bank bought a new stake in shares of Atmos Energy in the 4th quarter worth $331,426,000. Finally, Legal & General Group Plc bought a new stake in Atmos Energy in the 2nd quarter worth about $276,558,000. 90.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ATO shares. Truist Financial decreased their target price on Atmos Energy from $188.00 to $179.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. TD Cowen increased their target price on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Morgan Stanley cut their price target 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. JPMorgan Chase & Co. lifted 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. Finally, Weiss Ratings cut Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. Four analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Atmos Energy presently has an average rating of “Hold” and an average price target of $187.73.

Insider Buying and Selling at Atmos Energy

In other news, Director William James Ware bought 300 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of $167.59 per share, for a total transaction of $50,277.00. Following the transaction, the director directly owned 488 shares of the company’s stock, valued at $81,783.92. This represents a 159.57% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.43% of the company’s stock.

Atmos Energy Price Performance

NYSE:ATO opened at $166.36 on Tuesday. The firm has a market capitalization of $28.11 billion, a price-to-earnings ratio of 19.78, a P/E/G ratio of 2.89 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 stock has a fifty day moving average of $173.31 and a 200 day moving average of $178.17. 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 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 business had revenue of $879.06 million for 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 in the prior year, the company earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, research analysts expect that Atmos Energy Corporation will post 8.46 EPS for the current fiscal year.

Atmos Energy Announces Dividend

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

About Atmos Energy

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.