What is ATO's dilution risk score?

ATO currently has a DilutionScore of 14/100, indicating low dilution risk. DilutionWatch monitors ATO SEC filings in real-time, scanning EDGAR every 60 seconds for shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals.

What SEC filings does DilutionWatch track for ATO?

DilutionWatch tracks 25 SEC filing types for ATO including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect ATO shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For ATO, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for ATO tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for ATO. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

ATO Dilution Risk Score: 14/100 (LOW)

📊 Score Breakdown

📋 Offering Ability

25

💰 Cash Runway

0

📊 Float Risk

2

⚠️ Warrant Exposure

15

🔄Convertible Debt—

🌦️ Dilution Forecast

☀️

Clear

No significant dilution signals

9%

💰 Capital Raise 18%

• Active ATM program with $1700M remaining capacity

🔔 Track ATO — Get forecast alerts →

💹 Market Data

Market Cap$28.23B

Shares Outstanding166.92M

Float166.17M

Cash$125.69M

Debt$3.53B

Short InterestN/A

🏛 Institutional Holdings

QoQ: ↑ 18.9% shares (2026Q1 vs prior)

1015 institutional holders · 200.19M shares

#1 VANGUARD CAPITAL MANAGEMENT LLC 21.47M shares

#2 BlackRock, Inc. 17.45M shares

#3 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 14.88M shares

+ 17 more holders Sign up free to view →

📉 Short Interest

Short Interest3.62M

Days to Cover2.5

% of Float2.2%

FINRA data as of Jun 30, 2026

👤 Insider Buy/Sell Ratio

📁 Recent SEC Activity

4 INSIDER TRANSACTION Apr 02, 2026

4 INSIDER TRANSACTION Mar 10, 2026

Full SEC filing analysis available with free account →

📰 Recent News

No recent news

📋 What This Means for ATO Shareholders

Atmos Energy Corporation (ATO) has a DilutionScore of 14/100, rated Low dilution risk. At this score level, DilutionWatch's real-time EDGAR monitoring shows limited near-term dilution signals. This does not mean zero dilution risk — shelf registrations can be filed and activated quickly — but the current filing profile shows no major outstanding dilution programs. Score as of July 13, 2026.

ATO has an active ATM (at-the-market) program with $1.70B remaining capacity. ATM programs allow companies to sell shares continuously into the open market through a broker-dealer — without announcing a secondary offering. This creates a silent but steady source of share dilution that shows up in quarterly share count increases rather than a discrete offering event.

DilutionWatch tracks over 25 SEC filing types for ATO in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for ATO alongside comparable low-risk stocks. Not financial advice — this analysis is for informational purposes only.

How ATM Offerings Work →