Atmos Energy Corporation (NYSE:ATO) Receives $187.73 Consensus Price Target from Analysts

Atmos Energy Corporation (NYSE:ATOGet Free Report) has received an average recommendation of “Hold” from the thirteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $187.7273.

ATO has been the subject of a number of recent analyst reports. Argus decreased their target price on Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a research report on Thursday, July 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a research note on Friday, August 28th. Barclays decreased their price objective on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating for the company in a report on Tuesday, July 14th. TD Cowen upped their price target on shares of Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday, May 15th. Finally, JPMorgan Chase & Co. raised their price target on Atmos Energy from $196.00 to $198.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th.

View Our Latest Stock Analysis on ATO

Insider Buying and Selling

In related news, Director William Ware bought 300 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average cost of $167.59 per share, for a total transaction of $50,277.00. Following the purchase, the director directly owned 488 shares in the company, valued at $81,783.92. This trade represents a 159.57% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.43% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Atmos Energy

Institutional investors have recently added to or reduced their stakes in the company. Garner Asset Management Corp acquired a new position in shares of Atmos Energy in the fourth quarter valued at $25,000. Frazier Financial Advisors LLC bought a new position in shares of Atmos Energy during the 2nd quarter worth about $25,000. Continuum Advisory LLC acquired a new stake in Atmos Energy during the second quarter valued at approximately $25,000. Kingdom Financial Group LLC. acquired a new stake in Atmos Energy during the fourth quarter valued at approximately $26,000. Finally, Elevation Wealth Partners LLC boosted its holdings in Atmos Energy by 627.3% during the second quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 138 shares in the last quarter. 90.17% of the stock is owned by institutional investors and hedge funds.

Atmos Energy Stock Down 1.0%

Atmos Energy stock opened at $167.38 on Monday. The company has a market capitalization of $28.29 billion, a P/E ratio of 19.90, a P/E/G ratio of 2.93 and a beta of 0.60. The firm’s fifty day simple moving average is $172.89 and its 200-day simple moving average is $177.90. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. Atmos Energy has a 1-year low of $160.10 and a 1-year high of $192.51.

Atmos Energy (NYSE:ATOGet Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.08. The firm had revenue of $879.06 million during the quarter, compared to analysts’ expectations of $900.82 million. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. During the same period in the prior year, the company posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Sell-side analysts forecast that Atmos Energy will post 8.46 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. Atmos Energy’s payout ratio is 47.56%.

Atmos Energy Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Atmos Energy (NYSE:ATO)

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