8,030 Shares of Atmos Energy Corporation $ATO Bought by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC acquired a new stake in Atmos Energy Corporation (NYSE:ATO) during the third quarter, according to its most recent 13F filing with the SEC. The fund acquired 8,030 shares of the utilities provider’s stock, valued at approximately $1,256,000.

Several other institutional investors have also added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. purchased a new position in shares of Atmos Energy in the third quarter worth about $643,000. Krilogy Financial LLC raised its position in shares of Atmos Energy by 371.0% in the third quarter. Krilogy Financial LLC now owns 19,069 shares of the utilities provider’s stock valued at $2,983,000 after purchasing an additional 15,020 shares during the period. Walker Asset Management LLC lifted its stake in shares of Atmos Energy by 43.9% during the 3rd quarter. Walker Asset Management LLC now owns 3,793 shares of the utilities provider’s stock valued at $593,000 after buying an additional 1,158 shares in the last quarter. RHS Financial LLC purchased a new stake in shares of Atmos Energy during the 3rd quarter valued at approximately $243,000. Finally, Affinity Capital Advisors LLC purchased a new stake in shares of Atmos Energy during the 3rd quarter valued at approximately $110,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

Atmos Energy Stock Performance

Shares of ATO opened at $163.72 on Friday. Atmos Energy Corporation has a 52-week low of $154.72 and a 52-week high of $192.51. The stock’s 50-day simple moving average is $164.11 and its 200 day simple moving average is $173.20. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.73 and a current ratio of 0.81. The stock has a market capitalization of $27.67 billion, a price-to-earnings ratio of 19.49, a price-to-earnings-growth ratio of 2.65 and a beta of 0.57.

Atmos Energy (NYSE:ATO) last posted its earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.08. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%. The business had revenue of $879.06 million during the quarter, compared to analyst estimates of $900.82 million. During the same quarter in the previous year, the firm earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Research analysts forecast that Atmos Energy Corporation will post 8.47 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th were given 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 was Monday, August 24th. Atmos Energy’s dividend payout ratio (DPR) is 47.62%.

Analysts Set New Price Targets

Several research analysts recently commented on ATO shares. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $180.00 price objective (down from $198.00) on shares of Atmos Energy in a report on Friday, September 11th. Wall Street Zen cut shares of Atmos Energy from a “hold” rating to a “sell” rating in a report on Monday, August 3rd. Barclays lowered their target price on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 14th. Jefferies Financial Group dropped their target price on Atmos Energy from $173.00 to $167.00 and set a “hold” rating on the stock in a research report on Thursday, October 1st. Finally, Truist Financial dropped their target price on Atmos Energy from $179.00 to $174.00 and set a “hold” rating on the stock in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $183.00.

Insider Activity at Atmos Energy

In other news, Director William Ware acquired 300 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was 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 of the company’s stock, valued at $81,783.92. The trade was a 159.57% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.43% of the company’s stock.

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.