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In a recent transaction, Kim R. Cocklin, a director at Atmos Energy Corp (NYSE:ATO), sold 15,000 shares of common stock. The shares were sold at an average price of $150.979, totaling approximately $2.26 million. Following this sale, Cocklin retains ownership of 172,631.6045 shares directly. According to InvestingPro data, ATO is currently trading above its Fair Value, with the stock showing a remarkable 32.5% return over the past year. The company maintains a "GOOD" Financial Health score and has consistently raised its dividend for 32 consecutive years.
This transaction was executed under a pre-established plan set up on February 12, 2025, in accordance with Rule 10b5-1. The plan was designed for purposes including investment diversification, private school tuition, and tax and financial planning. Want deeper insights into ATO’s valuation and future prospects? InvestingPro offers exclusive access to detailed financial analysis, including 8 additional ProTips and comprehensive research reports that help investors make informed decisions.
In other recent news, Atmos Energy Corporation reported impressive financial results for the first quarter of 2025, significantly surpassing analysts’ expectations. The company’s earnings per share reached $5.26, well above the forecasted $2.88, and its revenue climbed to $1.95 billion, exceeding the anticipated $1.63 billion. Atmos Energy has also raised its fiscal 2025 earnings per share guidance to a range of $7.20 to $7.30. The company experienced notable growth, particularly in Texas, adding nearly 59,000 new customers. Atmos Energy’s operating income increased by 14.6% to $1.1 billion, driven by rate increases totaling $185 million. Additionally, the company plans to invest approximately $3.7 billion in capital spending for the year. Analysts from firms such as JPMorgan and Barclays (LON:BARC) have shown interest in Atmos Energy’s future guidance and financing strategies, indicating a positive outlook for continued growth. These developments reflect Atmos Energy’s strong market presence and strategic financial planning.
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