Fort Washington Investment Advisors Inc. OH Purchases 167,212 Shares of Atmos Energy Corporation $ATO

Fort Washington Investment Advisors Inc. OH purchased a new stake in shares of Atmos Energy Corporation (NYSE:ATO) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 167,212 shares of the utilities provider’s stock, valued at approximately $26,159,000.

Several other institutional investors also recently modified their holdings of the business. B.A. Schrock Wealth Management Inc. purchased a new position in Atmos Energy in the 3rd quarter worth about $125,000. Martel Wealth Advisors LLC purchased a new stake in shares of Atmos Energy during the 3rd quarter valued at about $199,000. Mather Group LLC. boosted its holdings in shares of Atmos Energy by 7.1% during the 3rd quarter. Mather Group LLC. now owns 89,212 shares of the utilities provider’s stock valued at $14,688,000 after acquiring an additional 5,920 shares during the last quarter. Hudock Inc. purchased a new stake in shares of Atmos Energy during the 3rd quarter valued at about $175,000. Finally, Fortitude Family Office LLC grew its stake in shares of Atmos Energy by 398.2% in the third quarter. Fortitude Family Office LLC now owns 553 shares of the utilities provider’s stock worth $87,000 after acquiring an additional 442 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Atmos Energy

In related news, Director William Ware purchased 300 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price 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 approximately $81,783.92. This trade represents a 159.57% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.43% of the company’s stock.

Atmos Energy Trading Down 0.1%

Shares of Atmos Energy stock opened at $163.72 on Friday. Atmos Energy Corporation has a 1-year low of $154.72 and a 1-year high of $192.51. The company’s fifty day simple moving average is $164.11 and its 200-day simple moving average is $173.20. 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 $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 (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. The firm had revenue of $879.06 million during the quarter, compared to analyst estimates of $900.82 million. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%. During the same period in the prior year, the business posted $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, equities analysts anticipate that Atmos Energy Corporation will post 8.47 earnings per share for the current year.

Atmos Energy Announces Dividend

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

Analyst Upgrades and Downgrades

ATO has been the topic of a number of research analyst reports. Truist Financial lowered their price objective on shares of Atmos Energy from $179.00 to $174.00 and set a “hold” rating on the stock in a research report on Thursday. Barclays dropped their target price on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 14th. Wells Fargo & Company started coverage on shares of Atmos Energy in a research report on Monday, July 13th. They issued an “overweight” rating and a $200.00 target price for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Atmos Energy in a research report on Friday, August 28th. Finally, Morgan Stanley decreased their target price on shares of Atmos Energy from $190.00 to $179.00 and set an “equal weight” rating for the company in a research note on Friday, September 18th. Three research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Atmos Energy currently has an average rating of “Hold” and a consensus price target of $183.00.

About Atmos Energy

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.