Atmos Energy Corporation (NYSE:ATO) Receives $187.73 Consensus Price Target from Brokerages

Atmos Energy Corporation (NYSE:ATO) has been given a consensus recommendation of “Hold” by the thirteen research firms that are covering the stock, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $187.7273.

ATO has been the topic of a number of research analyst reports. Truist Financial lowered their price objective on shares of Atmos Energy from $188.00 to $179.00 and set a “hold” rating on the stock in a research report on Thursday, August 13th. Citigroup lifted their target price on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. boosted their target price on shares of Atmos Energy from $196.00 to $198.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Mizuho decreased their target price on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. Finally, Argus lowered their price target on Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a report on Thursday, July 2nd.

Insider Buying and Selling

In other news, Director William James Ware bought 300 shares of the stock in a transaction 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 completion of the acquisition, the director owned 488 shares in the company, valued at $81,783.92. The trade was a 159.57% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On Atmos Energy

Hedge funds and other institutional investors have recently made changes to their positions in the business. Brighton Jones LLC purchased a new stake in Atmos Energy during the fourth quarter valued at approximately $233,000. Integrated Wealth Concepts LLC raised its position in Atmos Energy by 10.8% in the first quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock worth $490,000 after acquiring an additional 308 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Atmos Energy by 8.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock worth $2,676,000 after acquiring an additional 1,331 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Atmos Energy by 8.5% during the 1st quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock worth $482,000 after acquiring an additional 245 shares during the last quarter. Finally, Woodline Partners LP boosted its stake in shares of Atmos Energy by 43.9% during the 1st quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock worth $2,073,000 after acquiring an additional 4,088 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Atmos Energy Trading Up 0.0%

Shares of NYSE:ATO opened at $167.77 on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.81 and a quick ratio of 0.73. Atmos Energy has a 1 year low of $160.10 and a 1 year high of $192.51. The company has a market cap of $28.35 billion, a P/E ratio of 19.95, a PEG ratio of 2.90 and a beta of 0.60. The stock’s fifty day moving average price is $173.13 and its 200-day moving average price is $178.05.

Atmos Energy (NYSE:ATO) last posted its earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.08. The business had revenue of $879.06 million for 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 9.67%. During the same quarter in the prior year, the business earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Sell-side analysts expect that Atmos Energy will post 8.46 earnings per share for the current year.

Atmos Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Monday, August 24th. Atmos Energy’s dividend payout ratio is 47.56%.

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.