Revolve Wealth Partners LLC Makes New Investment in Atmos Energy Corporation $ATO

Revolve Wealth Partners LLC purchased a new stake in shares of Atmos Energy Corporation (NYSE:ATO) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,962 shares of the utilities provider’s stock, valued at approximately $683,000.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC purchased a new stake in shares of Atmos Energy in the 4th quarter valued at $233,000. Integrated Wealth Concepts LLC raised its position in Atmos Energy by 10.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock worth $490,000 after purchasing an additional 308 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Atmos Energy by 8.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock worth $2,676,000 after purchasing an additional 1,331 shares during the last quarter. Empowered Funds LLC lifted its stake in Atmos Energy by 8.5% in the first quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock worth $482,000 after purchasing an additional 245 shares during the last quarter. Finally, Woodline Partners LP boosted its position in Atmos Energy by 43.9% during the first quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock valued at $2,073,000 after buying an additional 4,088 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.

Atmos Energy Price Performance

Shares of Atmos Energy stock opened at $169.02 on Wednesday. The company’s fifty day simple moving average is $173.39 and its two-hundred day simple moving average is $178.16. Atmos Energy Corporation has a 12-month low of $160.10 and a 12-month high of $192.51. The firm has a market cap of $28.56 billion, a PE ratio of 20.10, a price-to-earnings-growth ratio of 2.91 and a beta of 0.60. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.64.

Atmos Energy (NYSE:ATO) last posted 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 company had revenue of $879.06 million during the quarter, compared to analyst estimates of $900.82 million. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. During the same period in the prior year, the business posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, equities analysts expect that Atmos Energy Corporation will post 8.46 EPS for the current year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be issued 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 47.56%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on ATO shares. Morgan Stanley set a $196.00 price objective on Atmos Energy in a research note on Wednesday, July 22nd. Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. Argus dropped their target price on Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. TD Cowen raised their price target on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. 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 given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $189.09.

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.