Atmos Energy
About: Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.
Employees: 5,260
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
932% more call options, than puts
Call options by funds: $26.1M | Put options by funds: $2.53M
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
23% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 70
21% more capital invested
Capital invested by funds: $16.9B [Q2] → $20.5B (+$3.56B) [Q3]
2% more funds holding
Funds holding: 722 [Q2] → 738 (+16) [Q3]
4% more repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 257
0.97% less ownership
Funds ownership: 96.21% [Q2] → 95.24% (-0.97%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Mizuho Gabriel Moreen 95% 1-year accuracy 35 / 37 met price target | 18%upside $165 | Outperform Maintained | 27 Nov 2024 |
Morgan Stanley Stephen Byrd 52% 1-year accuracy 58 / 111 met price target | 2%upside $143 | Overweight Maintained | 22 Nov 2024 |
Wells Fargo Sarah Akers 57% 1-year accuracy 8 / 14 met price target | 12%upside $156 | Overweight Maintained | 16 Oct 2024 |
Barclays Nicholas Campanella 63% 1-year accuracy 45 / 71 met price target | 3%upside $144 | Equal-Weight Maintained | 8 Oct 2024 |
Ladenburg Thalmann Paul Fremont 53% 1-year accuracy 9 / 17 met price target | 8%upside $151 | Buy Maintained | 2 Oct 2024 |
Financial journalist opinion
Based on 13 articles about ATO published over the past 30 days