Wellington Management Group LLP Sells 465,684 Shares of Atmos Energy Corporation $ATO

Wellington Management Group LLP lowered its position in Atmos Energy Corporation (NYSE:ATO) by 4.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,185,788 shares of the utilities provider’s stock after selling 465,684 shares during the quarter. Wellington Management Group LLP owned approximately 0.05% of Atmos Energy worth $1,582,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Atmos Energy Stock Down 0.3%

NYSE:ATO opened at $166.77 on Friday. 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 firm’s 50-day moving average price is $173.37 and its 200-day moving average price is $178.18. The company has a market capitalization of $28.18 billion, a PE ratio of 19.83, a P/E/G ratio of 2.90 and a beta of 0.60. Atmos Energy Corporation has a 1-year low of $160.10 and a 1-year high of $192.51.

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

Atmos Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be given a dividend of $1.00 per share. 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 dividend payout ratio (DPR) is 47.56%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price objective on Atmos Energy from $196.00 to $198.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Wall Street Zen lowered shares of Atmos Energy from a “hold” rating to a “sell” rating in a research note on Monday, August 3rd. Truist Financial cut their price objective on Atmos Energy from $188.00 to $179.00 and set a “hold” rating on the stock in a research report on Thursday, August 13th. Weiss Ratings downgraded Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. Finally, Barclays decreased their target price on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 14th. 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, the company has an average rating of “Hold” and a consensus target price of $187.73.

Insider Transactions at Atmos Energy

In related news, Director William James Ware bought 300 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were acquired at an average cost of $167.59 per share, with a total value of $50,277.00. Following the completion of the acquisition, the director owned 488 shares of the company’s stock, valued at $81,783.92. The trade was a 159.57% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.43% of the company’s stock.

Atmos Energy Company 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.