Atmos Energy Corporation (NYSE:ATO) Receives $174.33 Average Target Price from Brokerages

by · The Cerbat Gem

Shares of Atmos Energy Corporation (NYSE:ATOGet Free Report) have been given an average rating of “Hold” by the thirteen research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $174.3333.

ATO has been the subject of a number of recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of Atmos Energy in a report on Monday, December 29th. Zacks Research upgraded Atmos Energy to a “hold” rating in a research report on Tuesday, November 18th. Barclays raised their price objective on Atmos Energy from $165.00 to $167.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 27th. Mizuho lifted their price objective on Atmos Energy from $170.00 to $180.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. Finally, Wall Street Zen cut Atmos Energy from a “hold” rating to a “sell” rating in a report on Saturday, February 7th.

Get Our Latest Stock Analysis on Atmos Energy

Atmos Energy Stock Performance

NYSE:ATO opened at $179.16 on Wednesday. The stock’s 50-day moving average is $168.89 and its 200-day moving average is $169.35. Atmos Energy has a 1-year low of $141.59 and a 1-year high of $180.65. The company has a current ratio of 1.13, a quick ratio of 1.02 and a debt-to-equity ratio of 0.67. The stock has a market cap of $29.64 billion, a P/E ratio of 23.27, a price-to-earnings-growth ratio of 3.09 and a beta of 0.75.

Atmos Energy (NYSE:ATOGet Free Report) last posted its earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 EPS for the quarter, topping the consensus estimate of $2.41 by $0.03. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the company earned $2.23 EPS. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Equities research analysts anticipate that Atmos Energy will post 7.18 earnings per share for the current year.

Atmos Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Stockholders of record on Monday, February 23rd will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, February 23rd. Atmos Energy’s dividend payout ratio is currently 51.95%.

Insiders Place Their Bets

In related news, Director Sean Donohue sold 450 shares of Atmos Energy stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $171.15, for a total transaction of $77,017.50. Following the completion of the transaction, the director owned 877 shares of the company’s stock, valued at $150,098.55. This trade represents a 33.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.43% of the stock is owned by corporate insiders.

Institutional Trading of Atmos Energy

Several hedge funds have recently modified their holdings of ATO. Root Financial Partners LLC acquired a new stake in Atmos Energy in the third quarter worth $25,000. Garner Asset Management Corp bought a new position in shares of Atmos Energy during the 4th quarter worth about $25,000. JFS Wealth Advisors LLC grew its stake in shares of Atmos Energy by 85.9% in the 4th quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock valued at $26,000 after buying an additional 73 shares during the period. Kingdom Financial Group LLC. acquired a new stake in shares of Atmos Energy in the 4th quarter valued at about $26,000. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new stake in Atmos Energy in the 3rd quarter valued at about $29,000. Institutional investors own 90.17% of the company’s stock.

About Atmos Energy

(Get Free Report)

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.

Recommended Stories