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ATO

ATMOS ENERGY CORP

boothcheck covers ATMOS ENERGY CORP (ATO) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 25, 2026.

Published model solve
no single estimate
Priced In
within-range

Key Takeaways

• Spending is the product here: ⟦"Capital expenditures for fiscal 2025 were $3.6 billion. Approximately 87 percent was invested to improve the safety and reliability of our distribution and transportation systems"⟧, more than double the roughly 1.56 billion dollars of operating income the company earned that year. • Regulators convert that spending into earnings on a lag, and in fiscal 2025 Atmos ⟦"completed regulatory proceedings in our distribution segment resulting in a $256.4 million increas

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Institutional ownership

981 institutional managers reported holding ATO in 13F filings for the quarter ended 2026-03-31. 126 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 3.4M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (1.9 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

ATO's share count grew 26.7% over the past five years. It pays a dividend, and has paid one every year in our records (17 and counting), raised 8 years straight; the current rate is $3.48 a share annually. Cash returned over the past three years: $1.48B in dividends.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at ATO over the trailing three years: 2024: 1 buy totaling $362k. 18 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

ATO's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-03-2.3%-9.2%
2023-11-15+1.3%-0.7%
2024-02-07+0.1%+2.8%
2024-05-09-0.5%+0.1%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

ATO's latest 8-K filings: 2026-10-09 (items 1.01, 9.01); 2026-10-09 (items 8.01, 9.01); 2026-08-10 (items 5.02, 7.01, 9.01); 2026-08-05 (items 2.02, 9.01); 2026-06-18 (items 1.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: July 25, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.