Brokerages Set Atmos Energy Corporation (NYSE:ATO) PT at $186.92

Atmos Energy Corporation (NYSE:ATO) has been given an average recommendation of “Hold” by the thirteen research firms that are covering the company, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $189.0909.

Several brokerages have weighed in on ATO. Argus cut their price target on Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a report on Thursday, July 2nd. Weiss Ratings cut Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. TD Cowen upped their target price on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research report on Friday, May 15th. Truist Financial raised their target price on shares of Atmos Energy from $187.00 to $188.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. upped their price target on shares of Atmos Energy from $196.00 to $198.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th.

Institutional Investors Weigh In On Atmos Energy

Several hedge funds have recently made changes to their positions in ATO. Brighton Jones LLC acquired a new position in Atmos Energy during the fourth quarter worth $233,000. Integrated Wealth Concepts LLC increased its stake in shares of Atmos Energy by 10.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock worth $490,000 after purchasing an additional 308 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Atmos Energy by 8.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock worth $2,676,000 after acquiring an additional 1,331 shares during the last quarter. Empowered Funds LLC lifted its holdings in Atmos Energy by 8.5% in the 1st quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock valued at $482,000 after purchasing an additional 245 shares in the last quarter. Finally, Woodline Partners LP lifted its stake in shares of Atmos Energy by 43.9% during the 1st quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock worth $2,073,000 after purchasing an additional 4,088 shares during the period. Institutional investors and hedge funds own 90.17% of the company’s stock.

Atmos Energy Stock Performance

Shares of Atmos Energy stock opened at $170.31 on Thursday. The firm has a market cap of $28.78 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 2.95 and a beta of 0.60. The company has a quick ratio of 0.89, a current ratio of 0.81 and a debt-to-equity ratio of 0.64. Atmos Energy has a 52 week low of $160.10 and a 52 week high of $192.51. The business’s fifty day simple moving average is $173.38 and its 200-day simple moving average is $178.12.

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

Atmos Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a $1.00 dividend. The ex-dividend date is Monday, August 24th. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. Atmos Energy’s payout ratio is currently 47.56%.

Atmos Energy Company Profile

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.