13FPulse
AT

ATO ATMOS ENERGY CORP

2026Q2 · CUSIP 049560105 · Sector: Utilities

Cooling

Net holder growth weakened from last quarter

Funds that own it
1,025
Institutions that reported holding it to the SEC
Net increase in holders
+9
Last quarter 1,016 → now 1,025
How unusual is that
Above average
Stronger buying than 67% of US stocks
What the filings say, in one paragraph

1,025 funds held ATO at the end of 2026Q2, up 9 from the quarter before. Buying has come off its highs, but funds are not exiting. On the business itself, revenue over the last 12 months was $4.9B(YoY +6.5%), the P/E is 20.0x, return on equity is 9.2%. ATO has had 25 buying rushes in its history, and the price moved +5.9% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Utilities sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=255 2013Q4: holders=266 2014Q1: holders=288 2014Q2: holders=289 2014Q3: holders=297 2014Q4: holders=300 2015Q1: holders=305 2015Q2: holders=304 2015Q3: holders=304 2015Q4: holders=329 2016Q1: holders=366 2016Q2: holders=382 2016Q3: holders=365 2016Q4: holders=397 2017Q1: holders=379 2017Q2: holders=386 2017Q3: holders=390 2017Q4: holders=423 2018Q1: holders=415 2018Q2: holders=435 2018Q3: holders=448 2018Q4: holders=462 2019Q1: holders=505 2019Q2: holders=503 2019Q3: holders=534 2019Q4: holders=566 2020Q1: holders=550 2020Q2: holders=537 2020Q3: holders=533 2020Q4: holders=560 2021Q1: holders=548 2021Q2: holders=547 2021Q3: holders=534 2021Q4: holders=574 2022Q1: holders=607 2022Q2: holders=617 2022Q3: holders=630 2022Q4: holders=665 2023Q1: holders=663 2023Q2: holders=671 2023Q3: holders=667 2023Q4: holders=720 2024Q1: holders=729 2024Q2: holders=732 2024Q3: holders=753 2024Q4: holders=818 2025Q1: holders=859 2025Q2: holders=872 2025Q3: holders=910 2025Q4: holders=980 2026Q1: holders=1016 2026Q2: holders=1025 -70 -35 +0 +35 +70 2296531077 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 25 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 10%
2025Q4 Top 10% -1.1%
2025Q3 Top 10% +2.5% +1.3%
2025Q1 Top 5% +4.2% +11.0%
2024Q4 Top 10% +8.3% +13.2%
2024Q3 Top 20% +2.6% +6.9%
2023Q4 Top 10% +4.9% +15.2%
2022Q4 Top 20% +0.4% +2.4%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
315
Change in large funds
+24
Total value they hold
$28.0B
Funds buying for the first time
134
Funds that sold out entirely
125
Price change that quarter
-5.5%
Funds holding puts (bearish)
4
Funds holding calls (bullish)
4

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
20.0
EPS (TTM)
$8.38
EPS YoY
+15.8%
Revenue (TTM)
$4.9B
Revenue YoY
+6.5%
Net margin
28.5%
ROE
9.2%
Debt ratio
51.7%
FCF (TTM)
-$2.0B
Dividend (TTM)
$3.87
Quarterly Revenue & EPS
2021-09-30: EPS 0.33 2021-12-31: EPS 1.86 2022-03-31: EPS 2.37 2022-06-30: EPS 0.92 2022-09-30: EPS 0.45 2022-12-31: EPS 1.91 2023-03-31: EPS 2.48 2023-06-30: EPS 0.94 2023-09-30: EPS 0.77 2023-12-31: EPS 2.08 2024-03-31: EPS 2.85 2024-06-30: EPS 1.08 2024-09-30: EPS 0.82 2024-12-31: EPS 2.23 2025-03-31: EPS 3.03 2025-06-30: EPS 1.16 2025-09-30: EPS 1.04 2025-12-31: EPS 2.44 2026-03-31: EPS 3.47 2026-06-30: EPS 1.43 0B 1.0B 2.0B $B 0.00 1.91 3.82 201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 20 15 20 24 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-1.9B68M2.1B 20162017201820192020202120222023202420252026
Latest quarter $-280M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.