Quantbot Technologies LP Purchases New Holdings in Atmos Energy Corporation $ATO

Quantbot Technologies LP purchased a new position in shares of Atmos Energy Corporation (NYSE:ATO) during the second quarter, Holdings Channel reports. The institutional investor purchased 25,562 shares of the utilities provider’s stock, valued at approximately $4,404,000.

Several other hedge funds and other institutional investors have also bought and sold shares of ATO. BlackRock Inc. bought a new position in shares of Atmos Energy during the 2nd quarter valued at approximately $2,624,975,000. Eurizon Capital SGR S.p.A. bought a new stake in shares of Atmos Energy in the 4th quarter worth approximately $34,582,000. Principal Financial Group Inc. lifted its stake in Atmos Energy by 30.9% in the fourth quarter. Principal Financial Group Inc. now owns 486,229 shares of the utilities provider’s stock valued at $81,507,000 after purchasing an additional 114,836 shares during the last quarter. Opal Capital LLC purchased a new position in Atmos Energy in the first quarter valued at approximately $6,154,000. Finally, Entropy Technologies LP bought a new position in Atmos Energy during the first quarter valued at $2,558,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Insider Buying and Selling

In other news, Director William James Ware purchased 300 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was purchased at an average cost of $167.59 per share, with a total value of $50,277.00. Following the acquisition, the director directly owned 488 shares in the company, valued at approximately $81,783.92. This trade represents a 159.57% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.43% of the stock is currently owned by insiders.

Atmos Energy Stock Up 0.2%

ATO stock opened at $167.16 on Monday. The stock has a 50-day simple moving average of $173.57 and a two-hundred day simple moving average of $178.34. Atmos Energy Corporation has a twelve month low of $160.10 and a twelve month high of $192.51. The firm has a market capitalization of $28.25 billion, a PE ratio of 19.88, a PEG ratio of 2.89 and a beta of 0.60. 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 (NYSE:ATO) last announced its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $879.06 million for the quarter, compared to the consensus estimate of $900.82 million. During the same period in the prior year, the firm posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities analysts predict that Atmos Energy Corporation will post 8.46 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a $1.00 dividend. The ex-dividend date is Monday, August 24th. This represents a $4.00 annualized dividend and a yield of 2.4%. Atmos Energy’s dividend payout ratio is currently 47.56%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ATO. Mizuho decreased their target price on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research report on Friday, May 29th. JPMorgan Chase & Co. increased their price target on Atmos Energy from $196.00 to $198.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Argus decreased their price objective on Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Weiss Ratings cut Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. Finally, Wall Street Zen downgraded shares of Atmos Energy from a “hold” rating to a “sell” rating in a report on Monday, August 3rd. Four analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $187.73.

Atmos Energy 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.