Summit Global Investments Makes New Investment in Atmos Energy Corporation $ATO

Posted by Brian Himes on Aug 15th, 2026

Summit Global Investments bought a new position in shares of Atmos Energy Corporation (NYSE:ATO – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,255 shares of the utilities provider’s stock, valued at approximately $905,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Norges Bank purchased a new stake in Atmos Energy in the 4th quarter valued at about $331,426,000. Bank of America Corp DE grew its stake in Atmos Energy by 94.9% in the 2nd quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock worth $562,851,000 after acquiring an additional 1,778,653 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Atmos Energy by 26,269.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,033,701 shares of the utilities provider’s stock worth $173,279,000 after acquiring an additional 1,029,781 shares during the period. Capital International Investors increased its position in shares of Atmos Energy by 8.5% during the fourth quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider’s stock worth $1,993,968,000 after acquiring an additional 927,986 shares during the period. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in shares of Atmos Energy during the fourth quarter worth approximately $107,729,000. 90.17% of the stock is currently owned by institutional investors.

Atmos Energy Trading Down 0.1%

NYSE ATO opened at $169.79 on Friday. Atmos Energy Corporation has a one year low of $160.10 and a one year high of $192.51. 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 $28.69 billion, a price-to-earnings ratio of 20.19, a price-to-earnings-growth ratio of 2.94 and a beta of 0.60. The company’s 50-day simple moving average is $173.43 and its two-hundred day simple moving average is $178.17.

Atmos Energy (NYSE:ATO – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share 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 during the quarter, compared to analysts’ expectations of $900.82 million. During the same quarter in the prior year, the company earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities analysts forecast that Atmos Energy Corporation will post 8.46 EPS for the current fiscal year.

Atmos Energy Announces Dividend

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

Analyst Ratings Changes

ATO has been the subject of a number of research reports. Truist Financial lowered 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. Citigroup raised their price objective on Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Wall Street Zen lowered Atmos Energy from a “hold” rating to a “sell” rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. lifted their target price on Atmos Energy from $196.00 to $198.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Finally, Mizuho lowered their target price on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a report on Friday, May 29th. Four research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $188.27.

Get Our Latest Stock Report on Atmos Energy

Insiders Place Their Bets

In related news, Director William James Ware bought 300 shares of the stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of $167.59 per share, for a total transaction of $50,277.00. Following the completion of the acquisition, the director directly owned 488 shares in the company, valued at approximately $81,783.92. This represents a 159.57% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.43% of the stock is currently owned by corporate insiders.

Atmos Energy Profile

(Free Report)

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.