Third View Private Wealth LLC Takes $533,000 Position in Atmos Energy Corporation $ATO

Third View Private Wealth LLC bought a new stake in shares of Atmos Energy Corporation (NYSE:ATO) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,178 shares of the utilities provider’s stock, valued at approximately $533,000.

A number of other large investors have also recently made changes to their positions in the stock. Transcend Capital Advisors LLC boosted its stake in shares of Atmos Energy by 8.8% during the fourth quarter. Transcend Capital Advisors LLC now owns 2,220 shares of the utilities provider’s stock valued at $372,000 after purchasing an additional 180 shares during the period. Tectonic Advisors LLC boosted its stake in shares of Atmos Energy by 3.9% during the fourth quarter. Tectonic Advisors LLC now owns 3,920 shares of the utilities provider’s stock valued at $657,000 after purchasing an additional 148 shares during the period. Asset Advisors Investment Management LLC boosted its stake in shares of Atmos Energy by 11.1% during the fourth quarter. Asset Advisors Investment Management LLC now owns 24,765 shares of the utilities provider’s stock valued at $4,151,000 after purchasing an additional 2,478 shares during the period. Visionary Horizons LLC purchased a new stake in shares of Atmos Energy during the fourth quarter valued at $354,000. Finally, Retirement Guys Formula LLC raised its holdings in shares of Atmos Energy by 105.7% in the fourth quarter. Retirement Guys Formula LLC now owns 6,184 shares of the utilities provider’s stock valued at $1,037,000 after acquiring an additional 3,177 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on ATO shares. Barclays lifted their price objective on Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a report on Wednesday, April 8th. Morgan Stanley set a $192.00 price objective on Atmos Energy in a report on Friday, February 20th. Citigroup lifted their price objective on Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a report on Monday, December 29th. Finally, UBS Group lifted their price objective on Atmos Energy from $159.00 to $174.00 and gave the company a “neutral” rating in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $177.56.

Atmos Energy Stock Performance

ATO stock opened at $188.18 on Wednesday. The company has a market capitalization of $31.13 billion, a P/E ratio of 24.44, a PEG ratio of 3.25 and a beta of 0.69. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 1.02. The business has a 50-day moving average price of $183.19 and a 200 day moving average price of $175.61. Atmos Energy Corporation has a 1-year low of $149.98 and a 1-year high of $192.51.

Atmos Energy (NYSE:ATO) last announced its earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, topping analysts’ consensus estimates of $2.41 by $0.03. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.21 billion. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. During the same period in the previous year, the company posted $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, equities research analysts forecast that Atmos Energy Corporation will post 7.18 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, February 23rd were issued a $1.00 dividend. The ex-dividend date was Monday, February 23rd. This represents a $4.00 dividend on an annualized basis and a yield of 2.1%. Atmos Energy’s payout ratio is currently 51.95%.

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.