Atmos Energy Corporation (NYSE:ATO – Get Free Report) has been given a consensus recommendation of “Hold” by the eleven analysts that are covering the firm, MarketBeat Ratings reports. Ten analysts have rated the stock with a hold rating and one has given a buy rating 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 equities research analysts have recently commented on ATO shares. Barclays upped their price target on Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. Morgan Stanley set a $183.00 price target on Atmos Energy in a research note on Thursday, May 21st. Mizuho cut their price target on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Weiss Ratings cut Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. Finally, Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a research report on Friday.
Get Our Latest Analysis on Atmos Energy
Atmos Energy Price Performance
Atmos Energy (NYSE:ATO – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping the consensus estimate of $3.37 by $0.10. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the prior year, the business earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities analysts predict that Atmos Energy will post 8.43 earnings per share for the current year.
Atmos Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were given a $1.00 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 annualized dividend and a yield of 2.4%. Atmos Energy’s dividend payout ratio is presently 49.14%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of ATO. Norges Bank purchased a new position in Atmos Energy in the fourth quarter worth $331,426,000. Bank of America Corp DE raised 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 worth $562,851,000 after acquiring an additional 1,778,653 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Atmos Energy by 26,269.9% in 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 position in Atmos Energy by 8.5% in 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 purchased a new position in Atmos Energy in the fourth quarter worth $107,729,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.
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.
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