Beto Financial Group LLC Purchases Shares of 3,214 Atmos Energy Corporation $ATO

Beto Financial Group LLC purchased a new stake in Atmos Energy Corporation (NYSE:ATO) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,214 shares of the utilities provider’s stock, valued at approximately $535,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Checchi Capital Advisers LLC boosted its position in Atmos Energy by 3.9% in the fourth quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock valued at $265,000 after buying an additional 60 shares in the last quarter. MGO One Seven LLC boosted its position in Atmos Energy by 4.3% in the fourth quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock valued at $254,000 after buying an additional 62 shares in the last quarter. Horizon Investments LLC boosted its position in Atmos Energy by 1.2% in the fourth quarter. Horizon Investments LLC now owns 5,439 shares of the utilities provider’s stock valued at $912,000 after buying an additional 67 shares in the last quarter. Buckhead Capital Management LLC boosted its position in Atmos Energy by 1.1% in the fourth quarter. Buckhead Capital Management LLC now owns 6,671 shares of the utilities provider’s stock valued at $1,118,000 after buying an additional 71 shares in the last quarter. Finally, Westside Investment Management Inc. raised its stake in shares of Atmos Energy by 19.4% in the third quarter. Westside Investment Management Inc. now owns 444 shares of the utilities provider’s stock worth $76,000 after acquiring an additional 72 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Barclays boosted their target price on shares of Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. Truist Financial dropped their target price on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Morgan Stanley set a $183.00 target price on shares of Atmos Energy in a research note on Thursday, May 21st. Mizuho dropped their target price on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday. Finally, Wall Street Zen raised shares of Atmos Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Atmos Energy has a consensus rating of “Hold” and an average target price of $181.90.

Atmos Energy Price Performance

Shares of ATO stock opened at $167.42 on Tuesday. Atmos Energy Corporation has a 52-week low of $149.98 and a 52-week high of $192.51. The stock has a market cap of $27.95 billion, a PE ratio of 20.57, a PEG ratio of 2.94 and a beta of 0.60. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00. The firm’s 50 day moving average price is $182.97 and its two-hundred day moving average price is $177.09.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.37 by $0.10. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. The firm had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period last year, the firm earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, analysts forecast that Atmos Energy Corporation will post 8.44 EPS for the current year.

Atmos Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. Atmos Energy’s dividend payout ratio (DPR) is presently 49.14%.

About Atmos Energy

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.