Atmos Energy Corporation $ATO Stock: Curated Wealth Partners LLC Reduces Stake

Curated Wealth Partners LLC decreased its position in Atmos Energy Corporation (NYSE:ATO) by 96.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,692 shares of the utilities provider’s stock after selling 268,700 shares during the period. Curated Wealth Partners LLC’s holdings in Atmos Energy were worth $1,360,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Atmos Energy in the second quarter valued at approximately $2,624,975,000. Bank of America Corp DE bought a new position in Atmos Energy in the second quarter valued at approximately $720,212,000. Deutsche Bank AG acquired a new stake in Atmos Energy during the 2nd quarter worth $431,677,000. Legal & General Group Plc acquired a new position in shares of Atmos Energy in the 2nd quarter valued at $276,558,000. Finally, GQG Partners LLC bought a new position in shares of Atmos Energy in the 2nd quarter worth $202,443,000. Institutional investors own 90.17% of the company’s stock.

Insider Activity

In other Atmos Energy news, Director William Ware purchased 300 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $167.59 per share, with a total value of $50,277.00. Following the completion of the transaction, the director directly owned 488 shares in the company, valued at $81,783.92. This trade represents a 159.57% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.43% of the stock is owned by company insiders.

Atmos Energy Trading Up 0.2%

Shares of ATO stock traded up $0.36 on Thursday, hitting $164.31. The stock had a trading volume of 215,580 shares, compared to its average volume of 1,224,930. 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 Corporation has a twelve month low of $154.72 and a twelve month high of $192.51. The company has a fifty day moving average price of $164.27 and a two-hundred day moving average price of $173.34. The firm has a market cap of $27.77 billion, a P/E ratio of 19.56, a PEG ratio of 2.64 and a beta of 0.57.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 EPS 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 the consensus estimate of $900.82 million. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%. During the same quarter last year, the business posted $1.16 EPS. 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 8.47 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Monday, August 24th. Atmos Energy’s dividend payout ratio is 47.62%.

Wall Street Analyst Weigh In

ATO has been the subject of a number of analyst reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $180.00 price objective (down from $198.00) on shares of Atmos Energy in a research note on Friday, September 11th. Morgan Stanley cut their target price on Atmos Energy from $190.00 to $179.00 and set an “equal weight” rating on the stock in a research note on Friday, September 18th. Weiss Ratings reissued a “buy (b)” rating on shares of Atmos Energy in a research note on Friday, August 28th. Argus reaffirmed a “buy” rating and issued a $185.00 price target on shares of Atmos Energy in a research note on Tuesday, October 6th. Finally, Truist Financial cut their price target on shares of Atmos Energy from $179.00 to $174.00 and set a “hold” rating on the stock in a research report on Thursday. Three equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $183.17.

Atmos Energy Company 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.