Diversify Advisory Services LLC Invests $10.94 Million in Atmos Energy Corporation $ATO

Diversify Advisory Services LLC acquired a new stake in shares of Atmos Energy Corporation (NYSE:ATO) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 61,380 shares of the utilities provider’s stock, valued at approximately $10,939,000.

Other large investors also recently modified their holdings of the company. Eurizon Capital SGR S.p.A. purchased a new position in Atmos Energy in the 4th quarter worth $34,582,000. Principal Financial Group Inc. boosted its position in Atmos Energy by 30.9% during the fourth quarter. Principal Financial Group Inc. now owns 486,229 shares of the utilities provider’s stock valued at $81,507,000 after buying an additional 114,836 shares during the period. Opal Capital LLC bought a new position in shares of Atmos Energy during the first quarter valued at about $6,154,000. Entropy Technologies LP bought a new position in shares of Atmos Energy during the first quarter valued at about $2,558,000. Finally, B. Metzler seel. Sohn & Co. AG grew its stake in shares of Atmos Energy by 26.2% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 25,985 shares of the utilities provider’s stock valued at $4,359,000 after buying an additional 5,400 shares during the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Atmos Energy news, Director William James Ware acquired 300 shares of the company’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 acquisition, the director owned 488 shares in the company, valued at $81,783.92. This represents a 159.57% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on ATO shares. Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. Barclays reduced their price target on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 14th. Morgan Stanley set a $196.00 price target on Atmos Energy in a research note on Wednesday, July 22nd. TD Cowen boosted their price objective on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research report on Friday, May 15th. Finally, Mizuho dropped their price objective on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Four analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Atmos Energy presently has an average rating of “Hold” and an average target price of $188.27.

Atmos Energy Price Performance

ATO stock opened at $170.60 on Wednesday. The stock has a market capitalization of $28.83 billion, a price-to-earnings ratio of 20.29, a PEG ratio of 2.94 and a beta of 0.60. The firm’s 50-day moving average price is $173.54 and its two-hundred day moving average price is $178.28. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. Atmos Energy Corporation has a 12-month low of $160.10 and a 12-month high of $192.51.

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 predict that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Announces Dividend

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 2.3%. Atmos Energy’s dividend payout ratio (DPR) 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.