Atmos Energy (NYSE:ATO) Updates FY 2026 Earnings Guidance

Atmos Energy (NYSE:ATO) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 8.150-8.350 for the period, compared to the consensus EPS estimate of 8.150. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on ATO shares. TD Cowen began coverage on shares of Atmos Energy in a research report on Wednesday, October 15th. They issued a “hold” rating on the stock. Citigroup lifted their target price on Atmos Energy from $163.00 to $182.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Mizuho upped their target price on Atmos Energy from $170.00 to $180.00 and gave the company a “neutral” rating in a report on Tuesday, December 2nd. UBS Group raised their price target on Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a report on Wednesday, December 17th. Finally, Bank of America reiterated a “neutral” rating and issued a $185.00 target price (up from $182.00) on shares of Atmos Energy in a research note on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $174.33.

Atmos Energy Price Performance

Atmos Energy stock traded up $2.36 during midday trading on Tuesday, hitting $168.88. The company’s stock had a trading volume of 2,334,068 shares, compared to its average volume of 1,551,553. Atmos Energy has a 12 month low of $140.85 and a 12 month high of $180.65. The company has a quick ratio of 0.65, a current ratio of 0.77 and a debt-to-equity ratio of 0.66. The stock’s 50-day moving average price is $168.70 and its 200-day moving average price is $168.57. The company has a market capitalization of $27.32 billion, a PE ratio of 22.55, a price-to-earnings-growth ratio of 2.92 and a beta of 0.75.

Atmos Energy (NYSE:ATO) last issued its earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.39 by $0.05. Atmos Energy had a net margin of 25.49% and a return on equity of 9.07%. The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period last year, the firm posted $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Analysts anticipate that Atmos Energy will post 7.18 earnings per share for the current fiscal year.

Atmos Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Monday, November 24th were given a $1.00 dividend. This is a boost from Atmos Energy’s previous quarterly dividend of $0.87. The ex-dividend date was Monday, November 24th. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. Atmos Energy’s payout ratio is currently 53.40%.

Insider Buying and Selling at Atmos Energy

In related news, Director Sean Donohue sold 450 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $171.15, for a total transaction of $77,017.50. Following the transaction, the director directly owned 877 shares of the company’s stock, valued at approximately $150,098.55. The trade was a 33.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.43% of the company’s stock.

Atmos Energy News Roundup

Here are the key news stories impacting Atmos Energy this week:

• Positive Sentiment: Q1 earnings beat — Atmos reported diluted EPS of $2.44, above consensus estimates (Zacks $2.41; some street estimates $2.39) and up from $2.23 a year ago. This EPS beat is a key driver of the positive price action. Atmos Energy (ATO) Q1 Earnings Surpass Estimates
• Positive Sentiment: Revenue and margins beat expectations — consolidated revenue was $1.34B vs. the ~$1.21B consensus, with a healthy net margin (~25.5%) and ROE (~9.1%), signaling stronger operating performance. Press Release / Slide Deck
• Positive Sentiment: Underlying business momentum — Reuters notes a 14.5% rise in Q1 profit driven by strong demand in gas distribution and pipelines, supporting the view of sustainable utility cash flow. Atmos Energy posts higher quarterly profit on strength in gas distribution, pipelines
• Positive Sentiment: Capital allocation and financial profile — management reported ~$1.0B in Q1 capex (mostly safety/reliability) and highlighted a strong financial profile, which investors view favorably for regulated utility growth and reliability of earnings. Business Wire: Earnings & Guidance
• Neutral Sentiment: FY2026 guidance affirmed and set — Atmos provided EPS guidance of $8.150–$8.350 for FY2026, essentially in line with the consensus midpoint (8.150). The lack of an upward revision tempers upside but gives visibility to earnings.
• Neutral Sentiment: Pre-earnings commentary and analyst notes — recent previews highlighted rate growth, customer additions and system upgrades as the primary growth drivers; these are constructive but already reflected in consensus estimates. Atmos Energy to Release Q1 Earnings: Here’s What You Need to Know

Institutional Trading of Atmos Energy

Several institutional investors have recently made changes to their positions in the stock. State Street Corp increased its stake in Atmos Energy by 3.5% in the 3rd quarter. State Street Corp now owns 10,630,522 shares of the utilities provider’s stock valued at $1,815,162,000 after buying an additional 356,942 shares during the period. Bank of America Corp DE raised its holdings in shares of Atmos Energy by 2.3% during the third quarter. Bank of America Corp DE now owns 3,737,053 shares of the utilities provider’s stock worth $638,102,000 after acquiring an additional 84,786 shares in the last quarter. Invesco Ltd. grew its stake in Atmos Energy by 0.6% in the third quarter. Invesco Ltd. now owns 3,099,360 shares of the utilities provider’s stock valued at $529,216,000 after purchasing an additional 17,022 shares in the last quarter. Raymond James Financial Inc. grew its stake in Atmos Energy by 31.0% in the second quarter. Raymond James Financial Inc. now owns 1,173,472 shares of the utilities provider’s stock valued at $180,844,000 after purchasing an additional 277,997 shares in the last quarter. Finally, UBS Group AG increased its position in Atmos Energy by 23.2% in the 3rd quarter. UBS Group AG now owns 869,476 shares of the utilities provider’s stock worth $148,463,000 after purchasing an additional 163,728 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

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.