Atmos Energy (NYSE:ATO) Releases Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Atmos Energy (NYSE:ATO) issued its quarterly earnings data on Wednesday. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.08, FiscalAI reports. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The business had revenue of $879.06 million during the quarter, compared to analyst estimates of $909.06 million. Atmos Energy updated its FY 2026 guidance to 8.400-8.500 EPS.

Atmos Energy Stock Down 0.1%

NYSE:ATO traded down $0.18 on Wednesday, hitting $172.47. 1,279,632 shares of the company’s stock were exchanged, compared to its average volume of 1,291,906. The firm has a 50-day moving average price of $173.46 and a 200-day moving average price of $178.15. Atmos Energy has a 52 week low of $155.56 and a 52 week high of $192.51. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89. The company has a market cap of $28.79 billion, a P/E ratio of 21.19, a price-to-earnings-growth ratio of 3.00 and a beta of 0.60.

Institutional Trading of Atmos Energy

A number of hedge funds and other institutional investors have recently modified their holdings of ATO. Compound Planning Inc. increased its position in shares of Atmos Energy by 3.6% during the 4th quarter. Compound Planning Inc. now owns 1,654 shares of the utilities provider’s stock worth $277,000 after purchasing an additional 58 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Atmos Energy by 5.1% during the 4th quarter. Corient Private Wealth LLC now owns 58,218 shares of the utilities provider’s stock worth $9,516,000 after purchasing an additional 2,839 shares in the last quarter. Vident Advisory LLC boosted its holdings in shares of Atmos Energy by 3.5% in the 4th quarter. Vident Advisory LLC now owns 13,344 shares of the utilities provider’s stock valued at $2,237,000 after buying an additional 457 shares during the last quarter. EP Wealth Advisors LLC bought a new position in shares of Atmos Energy in the fourth quarter valued at $387,000. Finally, Mackenzie Financial Corp increased its holdings in Atmos Energy by 74.2% during the fourth quarter. Mackenzie Financial Corp now owns 30,907 shares of the utilities provider’s stock worth $5,200,000 after buying an additional 13,161 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

ATO has been the topic of several research analyst reports. Morgan Stanley set a $196.00 target price on shares of Atmos Energy in a report on Wednesday, July 22nd. Truist Financial upped their price target on shares of Atmos Energy from $187.00 to $188.00 and gave the company a “hold” rating in a report on Friday, July 17th. Mizuho lowered their price objective on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research report on Friday, May 29th. Citigroup raised their price objective on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Wall Street Zen lowered shares of Atmos Energy from a “hold” rating to a “sell” rating in a research note on Monday. Four investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, Atmos Energy currently has a consensus rating of “Hold” and an average target price of $186.92.

About Atmos Energy

Atmos Energy Corporation (NYSE: ATO) is a U.S.-based natural-gas utility that primarily focuses on the regulated distribution of natural gas. Headquartered in Dallas, Texas, the company operates through local distribution systems to deliver natural gas to residential, commercial, industrial and electric generation customers. Atmos’s core activities include pipeline operations, gas distribution, system maintenance and reliability programs designed to ensure safe and continuous service to its customers.

The company’s services encompass gas delivery, system integrity and maintenance, storage and transmission connections, and customer-facing programs such as billing, conservation initiatives and energy-efficiency offerings.