2,890 Shares in Atmos Energy Corporation $ATO Purchased by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC acquired a new position in shares of Atmos Energy Corporation (NYSE:ATO) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,890 shares of the utilities provider’s stock, valued at approximately $534,000.

Other large investors also recently added to or reduced their stakes in the company. TABR Capital Management LLC acquired a new stake in shares of Atmos Energy during the fourth quarter worth $1,096,000. Eurizon Capital SGR S.p.A. acquired a new position in Atmos Energy in the fourth quarter valued at about $34,582,000. Swiss Life Asset Management Ltd lifted its stake in Atmos Energy by 133.1% in the third quarter. Swiss Life Asset Management Ltd now owns 39,904 shares of the utilities provider’s stock valued at $6,814,000 after buying an additional 22,784 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Atmos Energy by 12.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 182,173 shares of the utilities provider’s stock worth $30,853,000 after buying an additional 20,408 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of Atmos Energy by 30.9% during the 4th quarter. Principal Financial Group Inc. now owns 486,229 shares of the utilities provider’s stock worth $81,507,000 after buying an additional 114,836 shares during the period. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ATO shares. Argus cut their price target on shares of Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a research report on Thursday, July 2nd. Wall Street Zen upgraded shares of Atmos Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Weiss Ratings downgraded shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. Mizuho cut their target price on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Finally, TD Cowen increased their target price on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a report on Friday, May 15th. Two analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $183.90.

Atmos Energy Trading Down 0.3%

NYSE ATO opened at $177.07 on Thursday. Atmos Energy Corporation has a one year low of $151.28 and a one year high of $192.51. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89. The firm has a market cap of $29.56 billion, a P/E ratio of 21.75, a P/E/G ratio of 3.08 and a beta of 0.60. The stock’s 50-day moving average is $175.18 and its 200-day moving average is $176.96.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.37 by $0.10. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period in the previous year, the firm earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Sell-side analysts anticipate that Atmos Energy Corporation will post 8.45 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Tuesday, May 26th. Atmos Energy’s dividend payout ratio is 49.14%.

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.