Atmos Energy Corporation $ATO Shares Newly Purchased by Monument Capital Management

Monument Capital Management purchased a new position in shares of Atmos Energy Corporation (NYSE:ATO) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,800 shares of the utilities provider’s stock, valued at approximately $2,002,000.

A number of other hedge funds have also bought and sold shares of ATO. BlackRock Inc. acquired a new stake in Atmos Energy during the second quarter valued at approximately $2,624,975,000. Rosenberg Matthew Hamilton grew its position in shares of Atmos Energy by 474.7% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 5,971 shares of the utilities provider’s stock worth $934,000 after acquiring an additional 4,932 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of Atmos Energy in the 2nd quarter valued at approximately $720,212,000. Opal Capital LLC bought a new stake in shares of Atmos Energy in the 1st quarter valued at approximately $6,154,000. Finally, Entropy Technologies LP acquired a new stake in shares of Atmos Energy during the 1st quarter valued at approximately $2,558,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Atmos Energy Stock Up 0.9%

Shares of Atmos Energy stock opened at $160.68 on Friday. The stock has a market capitalization of $27.15 billion, a price-to-earnings ratio of 19.13, a PEG ratio of 2.58 and a beta of 0.57. Atmos Energy Corporation has a twelve month low of $154.72 and a twelve 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. The business’s 50 day simple moving average is $165.08 and its 200-day simple moving average is $173.87.

Atmos Energy (NYSE:ATO) last released its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.08. The business 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 quarter in the previous year, the firm posted $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities research analysts forecast that Atmos Energy Corporation will post 8.47 earnings per share for the current year.

Atmos Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. Atmos Energy’s payout ratio is 47.62%.

Analyst Ratings Changes

Several brokerages recently issued reports on ATO. Barclays reduced 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. Weiss Ratings reissued a “buy (b)” rating on shares of Atmos Energy in a report on Friday, August 28th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $180.00 price target (down from $198.00) on shares of Atmos Energy in a research report on Friday, September 11th. Wells Fargo & Company initiated coverage on shares of Atmos Energy in a research report on Monday, July 13th. They issued an “overweight” rating and a $200.00 price target on the stock. Finally, Truist Financial decreased their price target on shares of Atmos Energy from $188.00 to $179.00 and set a “hold” rating for the company in a report on Thursday, August 13th. Three investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $183.58.

Insider Activity at Atmos Energy

In other news, Director William Ware purchased 300 shares of the stock in a transaction dated 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 completion of the transaction, the director owned 488 shares of the company’s stock, valued at approximately $81,783.92. The trade was a 159.57% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.43% of the company’s stock.

Atmos Energy Company Profile

Atmos Energy Corporation is a regulated natural gas distribution and pipeline company headquartered in Dallas, Texas. The company delivers natural gas to residential, commercial, industrial and institutional customers and is one of the largest natural gas distributors in the United States.

Atmos Energy operates through two primary businesses: natural gas distribution and pipeline and storage operations. Its distribution activities include acquiring, transporting, storing and delivering natural gas, while its pipeline operations provide transportation and storage services and support the company’s distribution network.

The company serves customers across eight states, including Texas, Louisiana, Mississippi, Colorado, Kansas, Kentucky, Tennessee and Virginia.