Atmos Energy Corporation (NYSE:ATO) Receives Average Recommendation of “Hold” from Analysts

Atmos Energy Corporation (NYSE:ATO) has been assigned an average rating of “Hold” from the eleven brokerages that are presently covering the company, Marketbeat reports. Ten equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $181.90.

Several brokerages have weighed in on ATO. Mizuho lowered their target price on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research note on Friday, May 29th. Morgan Stanley set a $183.00 target price on Atmos Energy in a research note on Thursday, May 21st. Citigroup lifted their target price on Atmos Energy from $182.00 to $191.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Weiss Ratings downgraded Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 2nd. Finally, Truist Financial lowered their target price on Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a research note on Monday, May 18th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brighton Jones LLC purchased a new stake in shares of Atmos Energy in the fourth quarter valued at approximately $233,000. Integrated Wealth Concepts LLC boosted its stake in shares of Atmos Energy by 10.8% in the first quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock valued at $490,000 after buying an additional 308 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake 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 valued at $2,676,000 after buying an additional 1,331 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Atmos Energy by 8.5% in the first quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock valued at $482,000 after buying an additional 245 shares in the last quarter. Finally, Woodline Partners LP boosted its stake in shares of Atmos Energy by 43.9% in the first quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock valued at $2,073,000 after buying an additional 4,088 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Atmos Energy Trading Down 0.3%

NYSE:ATO opened at $169.46 on Tuesday. The stock’s 50 day moving average price is $180.03 and its 200 day moving average price is $176.63. The company has a market capitalization of $28.29 billion, a PE ratio of 20.82, a P/E/G ratio of 2.95 and a beta of 0.60. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. Atmos Energy has a 52-week low of $149.98 and a 52-week high of $192.51.

Atmos Energy (NYSE:ATO) last released its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter last year, the business posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, research analysts anticipate that Atmos Energy will post 8.43 EPS for the current year.

Atmos Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Tuesday, May 26th. Atmos Energy’s dividend payout ratio (DPR) is 49.14%.

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.