Rosenberg Matthew Hamilton Acquires 4,932 Shares of Atmos Energy Corporation $ATO

Rosenberg Matthew Hamilton raised its stake in shares of Atmos Energy Corporation (NYSE:ATO) by 474.7% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 5,971 shares of the utilities provider’s stock after buying an additional 4,932 shares during the period. Rosenberg Matthew Hamilton’s holdings in Atmos Energy were worth $934,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC purchased a new position in shares of Atmos Energy during the 2nd quarter valued at approximately $25,000. Continuum Advisory LLC purchased a new position in Atmos Energy in the second quarter worth approximately $25,000. Elevation Wealth Partners LLC increased its position in shares of Atmos Energy by 627.3% during the 2nd quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 138 shares during the last quarter. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Atmos Energy in the 2nd quarter valued at approximately $28,000. Finally, Western Wealth Management LLC purchased a new stake in Atmos Energy in the first quarter valued at approximately $34,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ATO has been the topic of a number of research reports. Truist Financial reduced their target price on shares of Atmos Energy from $188.00 to $179.00 and set a “hold” rating on the stock in a report on Thursday, August 13th. Wells Fargo & Company initiated coverage on shares of Atmos Energy in a research report on Monday, July 13th. They set an “overweight” rating and a $200.00 target price on the stock. Wall Street Zen downgraded Atmos Energy from a “hold” rating to a “sell” rating in a research note on Monday, August 3rd. Jefferies Financial Group reduced their target price on Atmos Energy from $173.00 to $167.00 and set a “hold” rating for the company in a report on Thursday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Atmos Energy in a report on Friday, August 28th. Three equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $183.58.

Insider Buying and Selling at Atmos Energy

In related news, Director William Ware acquired 300 shares of Atmos Energy stock in a transaction dated 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 transaction, the director directly 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 transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.43% of the stock is currently owned by company insiders.

Atmos Energy Price Performance

Shares of NYSE ATO traded up $0.90 on Monday, hitting $158.07. The company’s stock had a trading volume of 857,443 shares, compared to its average volume of 1,229,677. The stock has a 50 day moving average of $166.51 and a 200-day moving average of $174.58. The company has a market capitalization of $26.71 billion, a price-to-earnings ratio of 18.82, a price-to-earnings-growth ratio of 2.55 and a beta of 0.57. Atmos Energy Corporation has a 12-month low of $154.72 and a 12-month high of $192.51. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.81 and a quick ratio of 0.73.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share 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 business 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 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, research analysts predict that Atmos Energy Corporation will post 8.46 EPS for the current year.

Atmos Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $4.00 annualized dividend and a yield of 2.5%. Atmos Energy’s dividend payout ratio (DPR) is presently 47.56%.

About Atmos Energy

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.