Investment Analysts’ Recent Ratings Changes for AltaGas (ALA)

A number of firms have modified their ratings and price targets on shares of AltaGas (TSE: ALA) recently:

• 7/31/2026 – AltaGas had its price target raised by BMO Capital Markets from C$54.00 to C$59.00. They now have an “outperform” rating on the stock.
• 7/31/2026 – AltaGas had its price target raised by ATB Cormark Capital Markets from C$60.00 to C$63.00. They now have an “outperform” rating on the stock.
• 7/31/2026 – AltaGas had its price target raised by Royal Bank Of Canada from C$55.00 to C$59.00. They now have an “outperform” rating on the stock.
• 7/21/2026 – AltaGas had its price target raised by Scotiabank from C$57.00 to C$62.00. They now have a “sector outperform” rating on the stock.

AltaGas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.334 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 2.5%. AltaGas’s payout ratio is 65.56%.

AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through four segments: Midstream, power, utilities and corporate. Utility business owns and operates rate-regulated natural gas distribution assets across North America. Midstream business subsequent to the sale of non-core midstream assets in Canada and also engaged in the natural gas liquid processing and extraction, transportation, and storage. Natural gas is sold and purchased for both commercial and industrial users.