Nilsine Partners LLC Sells 6,063 Shares of Atmos Energy Corporation $ATO

Nilsine Partners LLC lowered its position in shares of Atmos Energy Corporation (NYSE:ATO) by 1.2% in the second quarter, Holdings Channel reports. The institutional investor owned 485,268 shares of the utilities provider’s stock after selling 6,063 shares during the period. Atmos Energy accounts for 5.8% of Nilsine Partners LLC’s holdings, making the stock its biggest holding. Nilsine Partners LLC’s holdings in Atmos Energy were worth $83,597,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Frazier Financial Advisors LLC purchased a new stake in shares of Atmos Energy in the second quarter valued at about $25,000. Continuum Advisory LLC purchased a new position in Atmos Energy during the second quarter worth about $25,000. Pin Oak Investment Advisors Inc. purchased a new position in Atmos Energy during the second quarter worth about $28,000. Kingdom Financial Group LLC. acquired a new stake in Atmos Energy in the fourth quarter valued at about $26,000. Finally, Elevation Wealth Partners LLC boosted its holdings in Atmos Energy by 627.3% in the 2nd quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 138 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Insider Transactions at Atmos Energy

In other news, Director William Ware bought 300 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $167.59 per share, for a total transaction of $50,277.00. Following the completion of the transaction, the director owned 488 shares in the company, valued at $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 this hyperlink. Corporate insiders own 0.43% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on ATO shares. TD Cowen boosted their target price on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. lifted their price target on Atmos Energy from $196.00 to $198.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Mizuho dropped their price objective on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. Wells Fargo & Company started coverage on Atmos Energy in a research report on Monday, July 13th. They issued an “overweight” rating and a $200.00 price objective for the company. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Atmos Energy in a report on Friday, August 28th. Four equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $187.73.

Atmos Energy Trading Down 1.0%

Shares of ATO opened at $167.38 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. The firm’s 50-day moving average is $172.89 and its two-hundred day moving average is $177.90. 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 $28.29 billion, a P/E ratio of 19.90, a PEG ratio of 2.90 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last issued its earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (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 company had revenue of $879.06 million during the quarter, compared to analysts’ expectations of $900.82 million. During the same period last year, the company posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, research analysts predict that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal year.

Atmos Energy Announces Dividend

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

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.