Wellington Management Amends Atmos Energy Stake as of Dec 29, 2023

Ticker: ATO · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 731802

Complexity: simple

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investing

Related Tickers: ATO

TL;DR

**Wellington Management Group LLP updated their Atmos Energy (ATO) stake, showing continued institutional interest.**

AI Summary

Wellington Management Group LLP, a Boston-based investment adviser, filed an amended SC 13G/A on February 8, 2024, indicating a change in its beneficial ownership of Atmos Energy Corp (NYSE: ATO) common stock as of December 29, 2023. This filing updates their previous disclosure, showing their continued significant, though passive, stake in the natural gas distribution company. This matters to investors because large institutional holdings like Wellington's can provide a degree of stability and confidence, but any significant reduction could signal a shift in institutional sentiment towards Atmos Energy.

Why It Matters

This filing confirms Wellington Management Group LLP's ongoing, substantial investment in Atmos Energy, signaling their continued belief in the company's prospects, which can reassure other investors.

Risk Assessment

Risk Level: low — This is a routine amendment by an institutional investor, indicating no immediate or significant risk to the company or its shareholders.

Analyst Insight

Investors should note Wellington Management's continued presence as a significant shareholder, which suggests institutional confidence in Atmos Energy. However, as this is a passive stake, it doesn't signal any activist intentions. Monitor future 13G/A filings for any substantial changes in their ownership percentage.

Key Players & Entities

Forward-Looking Statements

FAQ

What is the purpose of an SC 13G/A filing?

An SC 13G/A is an amendment to a Schedule 13G, which is filed by passive institutional investors who beneficially own more than 5% of a company's stock. The '/A' indicates it's an amendment to a previously filed statement, updating the ownership information, as seen with Wellington Management Group LLP's filing for Atmos Energy Corp.

Who is the reporting person in this SC 13G/A filing?

The reporting person is Wellington Management Group LLP, an investment adviser based in Boston, MA, as indicated in the 'NAMES OF REPORTING PERSONS' section of the filing.

What is the subject company of this filing?

The subject company is ATMOS ENERGY CORP, a natural gas distribution company with the Central Index Key (CIK) 0000731802, as stated under 'SUBJECT COMPANY' data.

What was the 'Date of Event Which Requires Filing of this Statement'?

The 'Date of Event Which Requires Filing of this Statement' was December 29, 2023, as specified on the cover page of the SC 13G/A filing.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox on the cover page.

Filing Stats: 1,967 words · 8 min read · ~7 pages · Grade level 9.9 · Accepted 2024-02-08 10:20:08

Filing Documents

From the Filing

SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 ) * ATMOS ENERGY CORP (Name of Issuer) Common Stock (Title of Class of Securities) 049560105 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 049560105 1. NAMES OF REPORTING PERSONS Wellington Management Group LLP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 9,143,941 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 10,032,021 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,032,021 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.65% 12. TYPE OF REPORTING PERSON HC CUSIP No. 049560105 1. NAMES OF REPORTING PERSONS Wellington Group Holdings LLP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 9,143,941 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 10,032,021 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,032,021 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.65% 12. TYPE OF REPORTING PERSON HC CUSIP No. 049560105 1. NAMES OF REPORTING PERSONS Wellington Investment Advisors Holdings LLP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 9,143,941 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 10,032,021 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,032,021 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.65% 12. TYPE OF REPORTING PERSON HC CUSIP No. 049560105 1. NAMES OF REPORTING PERSONS Wellington Management Company LLP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 8,911,981 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 9,138,856 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,138,856 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.06% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer ATMOS ENERGY CORP (b) Address of Issuer's Principal Executive Offices 1800 Three Lincoln Center 5430 Lbj Freeway Dallas, TX 75240 Item 2. (a) Name of Person Filing Wellington Management Group LLP Wellington Group Holdings LLP Wellington Investment Advisors Holdings LLP Wellington Management Company LLP (b) Address of Principal Business Office or, if None, Residence c/o Wellington Management Company LLP 280 Congress Street Boston, MA 02210 (c) Citizenship Wellington Management Group LLP - Massachusetts Wellington Group Holdings LLP - Delaware Wellington Investment Advisors Holdings LLP - Delaware Wellington Management Company LLP - Delaware (d) Title of Class of Securities Common Stock (e) CUSIP Number 049560105 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as

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