Rep. Jared Moskowitz Purchases Shares of Atmos Energy Co. (NYSE:ATO)

Representative Jared Moskowitz (D-Florida) recently bought shares of Atmos Energy Co. NYSE: ATO. In a filing disclosed on December 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Atmos Energy stock on November 8th. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (5)" account.

Representative Jared Moskowitz also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Elevance Health NYSE: ELV on 11/8/2024.
• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 11/8/2024.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 11/8/2024.
• Purchased $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 11/8/2024.
• Purchased $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 11/8/2024.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 11/8/2024.
• Purchased $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 11/8/2024.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 11/8/2024.
• Sold $50,001 - $100,000 in shares of Seacoast Banking Co. of Florida NASDAQ: SBCF on 11/8/2024.
• Sold $15,001 - $50,000 in shares of Seacoast Banking Co. of Florida NASDAQ: SBCF on 11/8/2024.

Atmos Energy Stock Up 0.0 %

ATO stock traded up $0.06 during trading on Tuesday, reaching $141.11. The stock had a trading volume of 875,165 shares, compared to its average volume of 873,576. Atmos Energy Co. has a one year low of $110.46 and a one year high of $152.65. The company has a quick ratio of 0.80, a current ratio of 0.94 and a debt-to-equity ratio of 0.65. The company's 50 day moving average is $143.26 and its two-hundred day moving average is $131.40. The company has a market capitalization of $21.93 billion, a price-to-earnings ratio of 20.54, a P/E/G ratio of 2.84 and a beta of 0.70.

Atmos Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Monday, November 25th were given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 2.47%. This is an increase from Atmos Energy's previous quarterly dividend of $0.81. The ex-dividend date of this dividend was Monday, November 25th. Atmos Energy's dividend payout ratio is presently 50.66%.

Insider Activity

In other Atmos Energy news, Director Edward Geiser bought 2,500 shares of Atmos Energy stock in a transaction that occurred on Monday, November 11th. The shares were bought at an average price of $144.89 per share, with a total value of $362,225.00. Following the acquisition, the director now owns 2,602 shares in the company, valued at approximately $377,003.78. This trade represents a 2,450.98 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.50% of the company's stock.

Institutional Trading of Atmos Energy

Institutional investors and hedge funds have recently bought and sold shares of the company. Dunhill Financial LLC lifted its stake in Atmos Energy by 1,542.9% in the 3rd quarter. Dunhill Financial LLC now owns 230 shares of the utilities provider's stock worth $32,000 after purchasing an additional 216 shares in the last quarter. Innealta Capital LLC purchased a new stake in shares of Atmos Energy during the 2nd quarter valued at $37,000. PFS Partners LLC purchased a new stake in shares of Atmos Energy during the 3rd quarter valued at $69,000. GAMMA Investing LLC raised its position in shares of Atmos Energy by 17.9% during the 3rd quarter. GAMMA Investing LLC now owns 917 shares of the utilities provider's stock valued at $127,000 after buying an additional 139 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of Atmos Energy by 50.8% during the 3rd quarter. Allworth Financial LP now owns 992 shares of the utilities provider's stock valued at $138,000 after buying an additional 334 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on ATO shares. Morgan Stanley reduced their target price on shares of Atmos Energy from $145.00 to $143.00 and set an "overweight" rating for the company in a research report on Friday, November 22nd. StockNews.com raised shares of Atmos Energy from a "sell" rating to a "hold" rating in a research report on Thursday, November 7th. Mizuho upped their price target on shares of Atmos Energy from $148.00 to $165.00 and gave the company an "outperform" rating in a research note on Wednesday, November 27th. Wells Fargo & Company upped their price target on shares of Atmos Energy from $145.00 to $156.00 and gave the company an "overweight" rating in a research note on Wednesday, October 16th. Finally, JPMorgan Chase & Co. upped their price target on shares of Atmos Energy from $134.00 to $144.00 and gave the company an "overweight" rating in a research note on Thursday, August 15th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $147.69.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida's 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2025. Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida's 23rd Congressional District. He declared candidacy for the Democratic primary scheduled on August 20, 2024. Moskowitz resigned his state House seat on January 11, 2019, to head the state's Division of Emergency Management. Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor's degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz's career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

About Atmos Energy

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states.