Wall Street Zen upgraded shares of Atmos Energy (NYSE:ATO – Free Report) from a sell rating to a hold rating in a report issued on Saturday,Wall Street Zen reports.
Other equities research analysts have also issued research reports about the stock. Barclays lowered their target price 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. Jefferies Financial Group cut their price target on shares of Atmos Energy from $173.00 to $167.00 and set a “hold” rating on the stock in a report on Thursday, October 1st. JPMorgan Chase & Co. lowered shares of Atmos Energy from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $198.00 to $180.00 in a research report on Friday, September 11th. Truist Financial decreased their price objective on shares of Atmos Energy from $179.00 to $174.00 and set a “hold” rating for the company in a research note on Thursday, October 15th. Finally, Argus reissued a “buy” rating and issued a $185.00 price objective on shares of Atmos Energy in a research note on Tuesday, October 6th. Three analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $183.36.
Atmos Energy Trading Down 1.0%
Shares of ATO stock opened at $173.28 on Friday. Atmos Energy has a 1 year low of $154.72 and a 1 year high of $192.51. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.81 and a quick ratio of 0.73. The stock’s 50 day simple moving average is $164.84 and its two-hundred day simple moving average is $174.24. The company has a market cap of $29.28 billion, a PE ratio of 20.36, a price-to-earnings-growth ratio of 2.75 and a beta of 0.56.
Atmos Energy (NYSE:ATO – Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The utilities provider reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.03. The business had revenue of $837.00 million during the quarter, compared to analyst estimates of $873.77 million. Atmos Energy had a return on equity of 9.63% and a net margin of 28.50%. During the same period last year, the company earned $1.07 EPS. Research analysts predict that Atmos Energy will post 9.10 earnings per share for the current year.
Atmos Energy Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, December 7th. Stockholders of record on Monday, November 23rd will be issued a $1.09 dividend. The ex-dividend date is Monday, November 23rd. This is a boost from Atmos Energy’s previous quarterly dividend of $1.00. This represents a $4.36 dividend on an annualized basis and a dividend yield of 2.5%. Atmos Energy’s dividend payout ratio (DPR) is currently 47.00%.
Insider Buying and Selling
In related news, Director William Ware purchased 300 shares of Atmos Energy stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $167.59 per share, with a total value of $50,277.00. Following the purchase, the director directly owned 488 shares of the company’s stock, valued at approximately $81,783.92. This represents a 159.57% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.43% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Atmos Energy
Institutional investors have recently modified their holdings of the stock. Frazier Financial Advisors LLC purchased a new stake in shares of Atmos Energy in the second quarter valued at approximately $25,000. Continuum Advisory LLC bought a new stake in Atmos Energy during the 2nd quarter valued at $25,000. Pin Oak Investment Advisors Inc. bought a new stake in Atmos Energy during the 2nd quarter valued at $28,000. Elevation Wealth Partners LLC raised its position in Atmos Energy by 627.3% during the 2nd 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. Finally, Downshift Financial LLC lifted its holdings in shares of Atmos Energy by 2,514.3% in the 3rd quarter. Downshift Financial LLC now owns 183 shares of the utilities provider’s stock worth $29,000 after buying an additional 176 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.
More Atmos Energy News
Here are the key news stories impacting Atmos Energy this week:
- Positive Sentiment: Wells Fargo reiterated its Overweight rating and set a $201 price target, about 16% above the cited share price—an endorsement that may support investor sentiment. Wells Fargo rating
- Positive Sentiment: Atmos reported fiscal Q4 EPS of $1.17, beating the $1.14 consensus and rising from $1.07 a year earlier. Coverage attributed the beat to higher rates and operating strength. Q4 earnings report
- Positive Sentiment: The company plans $29 billion in capital spending over five years and is targeting 6%–8% EPS growth from the fiscal 2027 midpoint, signaling continued infrastructure investment and earnings growth ambitions. Five-year investment plan
- Positive Sentiment: Atmos raised its quarterly dividend 9%, from $1.00 to $1.09 per share, indicating a higher shareholder payout. Dividend increase
- Neutral Sentiment: Fiscal Q4 revenue was $837 million, below analyst expectations of roughly $874 million. The earnings beat was therefore not matched by revenue. Quarterly results
Atmos Energy Company Profile
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