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: 5,019
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,612% more call options, than puts
Call options by funds: $21.6M | Put options by funds: $1.26M
14% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 59
2.72% more ownership
Funds ownership: 92.14% [Q1] → 94.87% (+2.72%) [Q2]
1% more funds holding
Funds holding: 712 [Q1] → 720 (+8) [Q2]
6% more repeat investments, than reductions
Existing positions increased: 271 | Existing positions reduced: 256
1% more capital invested
Capital invested by funds: $16.5B [Q1] → $16.7B (+$177M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Wells Fargo Sarah Akers 62% 1-year accuracy 8 / 13 met price target | 9%upside $156 | Overweight Maintained | 16 Oct 2024 |
Barclays Nicholas Campanella 89% 1-year accuracy 49 / 55 met price target | 0%upside $144 | Equal-Weight Maintained | 8 Oct 2024 |
Barclays Nicholas Campanella 89% 1-year accuracy 49 / 55 met price target | 0%upside $144 | Equal-Weight Maintained | 7 Oct 2024 |
Ladenburg Thalmann Paul Fremont 87% 1-year accuracy 13 / 15 met price target | 5%upside $151 | Buy Maintained | 2 Oct 2024 |
Jefferies Julien Dumoulin-Smith 69% 1-year accuracy 29 / 42 met price target | 8%upside $155 | Hold Initiated | 2 Oct 2024 |
Financial journalist opinion
Based on 9 articles about ATO published over the past 30 days