Bill Few Associates Inc. Acquires 4,022 Shares of Atmos Energy Corporation $ATO

Bill Few Associates Inc. acquired a new position in Atmos Energy Corporation (NYSE:ATO) during the third quarter, HoldingsChannel reports. The fund acquired 4,022 shares of the utilities provider’s stock, valued at approximately $629,000.

Several other large investors also recently made changes to their positions in ATO. Shulman DeMeo Asset Management LLC acquired a new stake in shares of Atmos Energy in the third quarter valued at $138,000. Bullock Wealth Management Group bought a new stake in Atmos Energy during the 3rd quarter worth about $439,000. Riversedge Advisors LLC bought a new stake in Atmos Energy during the 3rd quarter worth about $866,000. Wedmont Private Capital increased its position in Atmos Energy by 999.6% in the 3rd quarter. Wedmont Private Capital now owns 13,151 shares of the utilities provider’s stock valued at $2,057,000 after acquiring an additional 11,955 shares in the last quarter. Finally, Intelligence Driven Advisers LLC acquired a new stake in Atmos Energy in the 3rd quarter valued at about $266,000. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Trading Up 0.6%

NYSE ATO traded up $1.03 on Friday, reaching $161.69. The company had a trading volume of 877,657 shares, compared to its average volume of 1,233,125. The stock has a market cap of $27.32 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 2.58 and a beta of 0.57. The stock’s 50 day moving average is $165.08 and its 200-day moving average is $173.87. 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 Corporation has a 52 week low of $154.72 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 for the quarter, topping the consensus estimate of $1.35 by $0.08. The business had revenue of $879.06 million for the quarter, compared to analyst estimates 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 firm earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities analysts predict that Atmos Energy Corporation will post 8.47 earnings per share for the current year.

Atmos Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.5%. Atmos Energy’s dividend payout ratio (DPR) is currently 47.62%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ATO. Weiss Ratings reiterated a “buy (b)” rating on shares of Atmos Energy in a research report on Friday, August 28th. Wells Fargo & Company initiated coverage on shares of Atmos Energy in a report on Monday, July 13th. They issued an “overweight” rating and a $200.00 price target for the company. Wall Street Zen cut shares of Atmos Energy from a “hold” rating to a “sell” rating in a research report on Monday, August 3rd. 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 report on Thursday, October 1st. Finally, Barclays decreased their price objective on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 14th. Three research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Atmos Energy currently has an average rating of “Hold” and an average target price of $183.58.

Insider Buying and Selling at Atmos Energy

In other Atmos Energy news, Director William Ware acquired 300 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of $167.59 per share, for a total transaction of $50,277.00. Following the acquisition, the director directly 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 acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.43% of the stock is owned by company insiders.

Atmos Energy 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.