Atmos Energy Corporation $ATO Shares Newly Acquired by Neumann Capital Management LLC

Neumann Capital Management LLC acquired a new stake in Atmos Energy Corporation (NYSE:ATO) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,830 shares of the utilities provider’s stock, valued at approximately $1,068,000.

Other institutional investors have also modified their holdings of the company. BlackRock Inc. acquired a new stake in Atmos Energy during the 2nd quarter worth approximately $2,624,975,000. Bank of America Corp DE raised its holdings in Atmos Energy by 11.0% in the first quarter. Bank of America Corp DE now owns 4,199,433 shares of the utilities provider’s stock valued at $775,719,000 after buying an additional 416,933 shares during the period. Deutsche Bank AG acquired a new position in Atmos Energy during the second quarter valued at approximately $431,677,000. Amundi lifted its position in Atmos Energy by 40.0% during the second quarter. Amundi now owns 1,823,714 shares of the utilities provider’s stock valued at $314,171,000 after buying an additional 520,828 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in Atmos Energy during the second quarter valued at approximately $276,558,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Insider Buying and Selling at Atmos Energy

In other news, Director William Ware purchased 300 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of $167.59 per share, with a total value of $50,277.00. Following the acquisition, the director owned 488 shares in the company, valued at approximately $81,783.92. This trade represents a 159.57% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.43% of the company’s stock.

Atmos Energy Stock Down 0.1%

NYSE ATO opened at $163.72 on Friday. The stock has a market cap of $27.67 billion, a PE ratio of 19.49, a P/E/G ratio of 2.65 and a beta of 0.57. Atmos Energy Corporation has a fifty-two week low of $154.72 and a fifty-two week high of $192.51. The business has a 50 day moving average price of $164.11 and a two-hundred day moving average price of $173.20. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.64.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.08. The company had revenue of $879.06 million during the quarter, compared to the consensus estimate of $900.82 million. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. During the same quarter last year, the company earned $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, sell-side analysts predict that Atmos Energy Corporation will post 8.47 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th were paid a $1.00 dividend. The ex-dividend date was Monday, August 24th. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. Atmos Energy’s dividend payout ratio is 47.62%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ATO shares. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $180.00 price objective (down from $198.00) on shares of Atmos Energy in a research report on Friday, September 11th. Morgan Stanley cut their target price on shares of Atmos Energy from $190.00 to $179.00 and set an “equal weight” rating on the stock in a research note on Friday, September 18th. Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a report on Friday, August 28th. Argus reissued a “buy” rating and issued a $185.00 price objective on shares of Atmos Energy in a research report on Tuesday, October 6th. Finally, Jefferies Financial Group reduced their price objective on Atmos Energy from $173.00 to $167.00 and set a “hold” rating on the stock in a research note on Thursday, October 1st. Three analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Atmos Energy currently has a consensus rating of “Hold” and an average target price of $183.00.

Atmos Energy Company Profile

Atmos Energy Corporation is a regulated natural gas distribution and pipeline company headquartered in Dallas, Texas. The company delivers natural gas to residential, commercial, industrial and institutional customers and is one of the largest natural gas distributors in the United States.

Atmos Energy operates through two primary businesses: natural gas distribution and pipeline and storage operations. Its distribution activities include acquiring, transporting, storing and delivering natural gas, while its pipeline operations provide transportation and storage services and support the company’s distribution network.

The company serves customers across eight states, including Texas, Louisiana, Mississippi, Colorado, Kansas, Kentucky, Tennessee and Virginia.