Atmos Energy Corporation $ATO Shares Bought by Saudi Central Bank

Saudi Central Bank grew its holdings in Atmos Energy Corporation (NYSE:ATO) by 94.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,581 shares of the utilities provider’s stock after purchasing an additional 5,611 shares during the quarter. Saudi Central Bank’s holdings in Atmos Energy were worth $1,995,000 as of its most recent SEC filing.

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

Atmos Energy Trading Down 0.1%

NYSE ATO opened at $167.38 on Tuesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.81 and a quick ratio of 0.73. The stock has a market capitalization of $28.29 billion, a P/E ratio of 19.90, a PEG ratio of 2.90 and a beta of 0.60. The firm’s 50-day moving average is $172.74 and its two-hundred day moving average is $177.80. Atmos Energy Corporation has a 12 month low of $160.10 and a 12 month high of $192.51.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share 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 analysts’ expectations 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 last year, the business earned $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, sell-side analysts anticipate that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.4%. The ex-dividend date is Monday, August 24th. Atmos Energy’s dividend payout ratio (DPR) is 47.56%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Truist Financial dropped their price objective 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. Mizuho decreased their target price on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Morgan Stanley dropped their price target on shares of Atmos Energy from $196.00 to $190.00 and set an “equal weight” rating for the company in a research note on Friday, August 21st. Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a report on Friday, August 28th. Finally, Wells Fargo & Company started coverage on shares of Atmos Energy in a report on Monday, July 13th. They set an “overweight” rating and a $200.00 price target for the company. Four analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $187.73.

Insider Transactions at Atmos Energy

In other news, Director William Ware purchased 300 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $167.59 per share, for a total transaction of $50,277.00. Following the completion of the purchase, the director directly owned 488 shares of the company’s stock, valued at approximately $81,783.92. This trade represents a 159.57% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.43% of the stock is currently owned by insiders.

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.