Atmos Energy (NYSE:ATO) Announces Earnings Results

Atmos Energy (NYSE:ATO) issued its earnings results on Wednesday. The utilities provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.35 by $0.08, FiscalAI reports. The company had revenue of $879.06 million during the quarter, compared to analysts’ expectations of $900.82 million. Atmos Energy had a net margin of 28.50% and a return on equity of 9.84%. During the same quarter in the previous year, the company posted $1.16 EPS. Atmos Energy updated its FY 2026 guidance to 8.400-8.500 EPS.

Atmos Energy Stock Down 0.1%

ATO stock traded down $0.13 during trading hours on Friday, reaching $171.85. 225,753 shares of the stock were exchanged, compared to its average volume of 1,283,527. The firm’s 50-day moving average is $173.35 and its 200-day moving average is $178.17. Atmos Energy has a 12 month low of $160.10 and a 12 month high of $192.51. The company has a market cap of $28.68 billion, a price-to-earnings ratio of 20.47, a PEG ratio of 2.99 and a beta of 0.60. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.00 and a quick ratio of 0.89.

Atmos Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Monday, August 24th. Atmos Energy’s dividend payout ratio is 47.56%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Barclays cut their target price on Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 14th. Argus lowered their price target on Atmos Energy from $190.00 to $185.00 and set a “buy” rating for the company in a research note on Thursday, July 2nd. TD Cowen lifted their price objective on shares of Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research note on Friday, May 15th. Morgan Stanley set a $196.00 price objective on shares of Atmos Energy in a report on Wednesday, July 22nd. Finally, Wells Fargo & Company initiated coverage on shares of Atmos Energy in a research note on Monday, July 13th. They issued an “overweight” rating and a $200.00 target price for the company. Four equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Atmos Energy currently has an average rating of “Hold” and an average price target of $186.92.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. DV Equities LLC acquired a new stake in shares of Atmos Energy in the fourth quarter valued at approximately $37,000. Johnson Financial Group Inc. boosted its holdings in Atmos Energy by 625.8% during the third quarter. Johnson Financial Group Inc. now owns 225 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 194 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its position in Atmos Energy by 58.8% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 270 shares of the utilities provider’s stock valued at $45,000 after purchasing an additional 100 shares in the last quarter. WFA of San Diego LLC acquired a new stake in Atmos Energy in the 2nd quarter valued at $46,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in Atmos Energy by 203.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 276 shares of the utilities provider’s stock valued at $47,000 after buying an additional 185 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors.

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.