iSAM Funds UK Ltd Invests $2.98 Million in Atmos Energy Corporation $ATO

iSAM Funds UK Ltd acquired a new stake in Atmos Energy Corporation (NYSE:ATO) during the second quarter, Holdings Channel reports. The institutional investor acquired 17,300 shares of the utilities provider’s stock, valued at approximately $2,980,000. Atmos Energy accounts for about 2.1% of iSAM Funds UK Ltd’s portfolio, making the stock its biggest position.

A number of other institutional investors have also made changes to their positions in the business. Garner Asset Management Corp acquired a new position in Atmos Energy during the fourth quarter worth $25,000. Frazier Financial Advisors LLC acquired a new stake in Atmos Energy in the 2nd quarter valued at $25,000. Continuum Advisory LLC acquired a new stake in Atmos Energy in the 2nd quarter valued at $25,000. Kingdom Financial Group LLC. acquired a new stake in Atmos Energy in the 4th quarter valued at $26,000. Finally, Elevation Wealth Partners LLC lifted its position in Atmos Energy by 627.3% during the 2nd quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider’s stock worth $28,000 after buying an additional 138 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Trading Up 0.0%

Atmos Energy stock opened at $167.77 on Thursday. The stock has a 50-day simple moving average of $173.13 and a 200 day simple moving average of $178.05. The stock has a market capitalization of $28.35 billion, a P/E ratio of 19.95, a PEG ratio of 2.90 and a beta of 0.60. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.73 and a current ratio of 0.81. Atmos Energy Corporation has a 52 week low of $160.10 and a 52 week high of $192.51.

Atmos Energy (NYSE:ATO) last released 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. 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 analyst estimates of $900.82 million. During the same quarter in the prior year, the company earned $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts expect that Atmos Energy Corporation will post 8.46 earnings per share for the current year.

Atmos Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Investors 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 is Monday, August 24th. Atmos Energy’s dividend payout ratio is 47.56%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Morgan Stanley reduced their price objective on shares of Atmos Energy from $196.00 to $190.00 and set an “equal weight” rating for the company in a research note on Friday, August 21st. 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 report on Tuesday, July 14th. Wells Fargo & Company began coverage on Atmos Energy in a research report on Monday, July 13th. They set an “overweight” rating and a $200.00 price target for the company. Truist Financial decreased their price target on Atmos Energy from $188.00 to $179.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a research note on Friday, August 28th. Four analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $187.73.

Insider Transactions at Atmos Energy

In other Atmos Energy news, Director William James 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 acquisition, the director directly owned 488 shares of the company’s stock, valued at $81,783.92. This trade represents a 159.57% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.43% of the stock is owned by corporate insiders.

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.