Bleakley Financial Group LLC Invests $1.74 Million in Atmos Energy Corporation $ATO

Bleakley Financial Group LLC bought a new stake in Atmos Energy Corporation (NYSE:ATO) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 10,185 shares of the utilities provider’s stock, valued at approximately $1,739,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ATO. W.H. Cornerstone Investments Inc. raised its holdings in shares of Atmos Energy by 16.7% in the 2nd quarter. W.H. Cornerstone Investments Inc. now owns 7,625 shares of the utilities provider’s stock valued at $1,175,000 after purchasing an additional 1,093 shares in the last quarter. SG Americas Securities LLC increased its holdings in Atmos Energy by 206.8% in the third quarter. SG Americas Securities LLC now owns 26,925 shares of the utilities provider’s stock valued at $4,597,000 after buying an additional 18,148 shares during the last quarter. Allstate Corp purchased a new position in Atmos Energy in the third quarter valued at $961,000. Oregon Public Employees Retirement Fund raised its stake in Atmos Energy by 33.8% in the third quarter. Oregon Public Employees Retirement Fund now owns 18,332 shares of the utilities provider’s stock valued at $3,130,000 after buying an additional 4,636 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its holdings in Atmos Energy by 267.0% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,822 shares of the utilities provider’s stock worth $435,000 after buying an additional 2,053 shares during the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

Atmos Energy Stock Performance

Shares of Atmos Energy stock opened at $181.54 on Tuesday. The firm’s fifty day simple moving average is $170.34 and its 200-day simple moving average is $170.46. Atmos Energy Corporation has a 12 month low of $141.59 and a 12 month high of $182.69. The stock has a market capitalization of $30.03 billion, a price-to-earnings ratio of 23.58, a PEG ratio of 3.15 and a beta of 0.75. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 1.02.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.41 by $0.03. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the firm posted $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. As a group, equities analysts forecast that Atmos Energy Corporation will post 7.18 earnings per share for the current year.

Atmos Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Shareholders of record on Monday, February 23rd will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, February 23rd. Atmos Energy’s dividend payout ratio (DPR) is 51.95%.

Wall Street Analyst Weigh In

ATO has been the topic of several research analyst reports. Wall Street Zen lowered Atmos Energy from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Citigroup raised their price objective on shares of Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Zacks Research upgraded shares of Atmos Energy to a “hold” rating in a research report on Tuesday, November 18th. Barclays increased their target price on shares of Atmos Energy from $165.00 to $167.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 27th. Finally, Mizuho lifted their price target on shares of Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Atmos Energy currently has an average rating of “Hold” and a consensus price target of $175.67.

Insider Activity

In other news, Director Sean Donohue sold 450 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $171.15, for a total value of $77,017.50. Following the transaction, the director owned 877 shares of the company’s stock, valued at approximately $150,098.55. The trade was a 33.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.43% of the company’s stock.

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.