Callan Family Office LLC Takes Position in Atmos Energy Corporation $ATO

Callan Family Office LLC acquired a new position in shares of Atmos Energy Corporation (NYSE:ATO) during the 2nd quarter, HoldingsChannel reports. The firm acquired 7,185 shares of the utilities provider’s stock, valued at approximately $1,238,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ATO. Garner Asset Management Corp acquired a new position in Atmos Energy in the fourth quarter valued at approximately $25,000. Frazier Financial Advisors LLC acquired a new position in Atmos Energy during the 2nd quarter valued at approximately $25,000. Kingdom Financial Group LLC. bought a new position in Atmos Energy during the 4th quarter worth $26,000. Elevation Wealth Partners LLC grew its stake 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 during the last quarter. Finally, Western Wealth Management LLC bought a new position in Atmos Energy during the 1st quarter worth $34,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ATO shares. Mizuho cut their target price on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research note on Friday, May 29th. Wells Fargo & Company started coverage on shares of Atmos Energy in a report on Monday, July 13th. They issued an “overweight” rating and a $200.00 price objective on the stock. Argus cut their price objective 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. Weiss Ratings lowered shares of Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. Finally, Barclays dropped their price target on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 14th. Four research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $187.73.

Atmos Energy Stock Up 0.2%

ATO stock opened at $167.16 on Monday. The firm’s 50-day moving average is $173.57 and its two-hundred day moving average is $178.34. The company has a market capitalization of $28.25 billion, a price-to-earnings ratio of 19.88, a price-to-earnings-growth ratio of 2.89 and a beta of 0.60. Atmos Energy Corporation has a 52 week low of $160.10 and a 52 week high of $192.51. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.08. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. The business had revenue of $879.06 million for the quarter, compared to analyst estimates of $900.82 million. During the same quarter last year, the business earned $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, analysts forecast that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders 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 dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, August 24th. Atmos Energy’s payout ratio is currently 47.56%.

Insiders Place Their Bets

In other news, Director William James Ware bought 300 shares of the firm’s stock in a transaction that occurred 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 purchase, the director directly owned 488 shares of the company’s stock, valued at $81,783.92. This represents a 159.57% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 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.