Wealthfront Advisers LLC Buys Shares of 7,927 Atmos Energy Corporation $ATO

Wealthfront Advisers LLC purchased a new position in Atmos Energy Corporation (NYSE:ATO) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 7,927 shares of the utilities provider’s stock, valued at approximately $1,366,000.

A number of other institutional investors have also recently made changes to their positions in ATO. Compound Planning Inc. lifted its holdings in shares of Atmos Energy by 3.6% during the 4th quarter. Compound Planning Inc. now owns 1,654 shares of the utilities provider’s stock worth $277,000 after acquiring an additional 58 shares during the last quarter. MGO One Seven LLC increased its stake in Atmos Energy by 4.3% in the fourth quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock valued at $254,000 after acquiring an additional 62 shares during the last quarter. Root Financial Partners LLC raised its position in Atmos Energy by 39.1% during the first quarter. Root Financial Partners LLC now owns 235 shares of the utilities provider’s stock valued at $43,000 after purchasing an additional 66 shares in the last quarter. Versant Capital Management Inc raised its position in Atmos Energy by 6.3% during the second quarter. Versant Capital Management Inc now owns 1,119 shares of the utilities provider’s stock valued at $193,000 after purchasing an additional 66 shares in the last quarter. Finally, Horizon Investments LLC lifted its stake in Atmos Energy by 1.2% during the fourth quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock worth $912,000 after purchasing an additional 67 shares during the last quarter. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Stock Down 2.0%

Shares of NYSE:ATO opened at $167.16 on Friday. The stock’s 50-day moving average price is $173.57 and its 200-day moving average price is $178.26. Atmos Energy Corporation has a 12-month low of $160.10 and a 12-month high of $192.51. The stock has a market capitalization of $28.25 billion, a P/E ratio of 19.88, a price-to-earnings-growth ratio of 2.95 and a beta of 0.60. 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 (NYSE:ATO) last released its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.35 by $0.08. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%.The firm had revenue of $879.06 million for the quarter, compared to the consensus estimate of $900.82 million. During the same quarter in the previous 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, equities 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 declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Monday, August 24th. Atmos Energy’s payout ratio is 47.56%.

Insider Buying and Selling

In related news, Director William James Ware acquired 300 shares of the stock in a transaction on Tuesday, August 11th. The stock was purchased 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 $81,783.92. This trade represents a 159.57% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.43% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ATO shares. Barclays cut their price objective on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating for the company in a report on Tuesday, July 14th. Truist Financial dropped 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. JPMorgan Chase & Co. upped their target price on Atmos Energy from $196.00 to $198.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Mizuho reduced their price target on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research report on Friday, May 29th. Finally, Citigroup lifted their price target on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Four equities research 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 an average rating of “Hold” and an average target price of $187.73.

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.