OMERS ADMINISTRATION Corp Purchases Shares of 8,136 Atmos Energy Corporation $ATO

OMERS ADMINISTRATION Corp acquired a new position in shares of Atmos Energy Corporation (NYSE:ATO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,136 shares of the utilities provider’s stock, valued at approximately $1,402,000.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Atmos Energy by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 21,032,554 shares of the utilities provider’s stock worth $3,525,687,000 after acquiring an additional 276,485 shares in the last quarter. BlackRock Inc. bought a new position in Atmos Energy in the 2nd quarter valued at about $2,624,975,000. Capital International Investors lifted its position in Atmos Energy by 8.5% in the 4th quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider’s stock valued at $1,993,968,000 after acquiring an additional 927,986 shares in the last quarter. State Street Corp boosted its stake in Atmos Energy by 1.5% during the 4th quarter. State Street Corp now owns 10,786,358 shares of the utilities provider’s stock valued at $1,808,117,000 after purchasing an additional 155,836 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Atmos Energy by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 4,214,985 shares of the utilities provider’s stock valued at $703,824,000 after purchasing an additional 78,438 shares during the last quarter. 90.17% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ATO shares. Citigroup increased their price objective on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a research report on Monday, August 3rd. Truist Financial decreased their price target on Atmos Energy from $188.00 to $179.00 and set a “hold” rating for the company in a report on Thursday, August 13th. Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. Finally, Argus dropped their price objective on Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a research note on Thursday, July 2nd. Four analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $187.73.

Insider Buying and Selling

In other Atmos Energy news, Director William James Ware purchased 300 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of $167.59 per share, for a total transaction of $50,277.00. Following the completion of the acquisition, the director owned 488 shares of the company’s stock, valued at $81,783.92. The trade was a 159.57% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.43% of the company’s stock.

Atmos Energy Trading Up 1.1%

Shares of ATO stock opened at $169.35 on Thursday. 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 company has a market capitalization of $28.62 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 2.90 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 50-day simple moving average of $173.49 and a two-hundred day simple moving average of $178.29.

Atmos Energy (NYSE:ATO) last posted its earnings results on Wednesday, August 5th. The utilities provider reported $1.43 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $900.82 million. During the same quarter last year, the firm earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Research analysts anticipate that Atmos Energy Corporation will post 8.46 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be given a dividend of $1.00 per share. 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 dividend payout ratio (DPR) is presently 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.