Analysts Set Atmos Energy Corporation (NYSE:ATO) Target Price at $183.90

Shares of Atmos Energy Corporation (NYSE:ATO) have been assigned an average recommendation of “Hold” from the fourteen research firms that are covering the firm, MarketBeat.com reports. Ten investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $186.3333.

ATO has been the subject of several research reports. TD Cowen raised their target price on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Wells Fargo & Company initiated coverage on shares of Atmos Energy in a research note on Monday. They issued an “overweight” rating and a $200.00 price objective for the company. Barclays dropped 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 research note on Tuesday. Citigroup lifted their target price on shares of Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Mizuho lowered their target price on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research note on Friday, May 29th.

Institutional Investors Weigh In On Atmos Energy

Several large investors have recently modified their holdings of the stock. Norges Bank acquired a new stake in Atmos Energy in the 4th quarter valued at $331,426,000. Bank of America Corp DE grew its position in Atmos Energy by 94.9% in the second quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock valued at $562,851,000 after acquiring an additional 1,778,653 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Atmos Energy by 26,269.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,033,701 shares of the utilities provider’s stock worth $173,279,000 after acquiring an additional 1,029,781 shares in the last quarter. Capital International Investors raised its stake in Atmos Energy by 8.5% during the fourth quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider’s stock worth $1,993,968,000 after acquiring an additional 927,986 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new position in shares of Atmos Energy during the fourth quarter valued at $107,729,000. 90.17% of the stock is currently owned by institutional investors.

Atmos Energy Price Performance

Shares of ATO stock opened at $178.47 on Friday. The stock has a 50 day moving average of $174.35 and a two-hundred day moving average of $177.23. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. Atmos Energy has a 12 month low of $152.80 and a 12 month high of $192.51. The company has a market capitalization of $29.79 billion, a P/E ratio of 21.93, a P/E/G ratio of 3.11 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share for the quarter, topping the consensus estimate of $3.37 by $0.10. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same quarter last year, the firm earned $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. As a group, equities analysts expect that Atmos Energy will post 8.45 EPS for the current year.

Atmos Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were paid a dividend of $1.00 per share. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a yield of 2.2%. Atmos Energy’s dividend payout ratio (DPR) is currently 49.14%.

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.