Atmos Energy Corporation (NYSE:ATO) Receives $181.11 Consensus Target Price from Brokerages

Atmos Energy Corporation (NYSE:ATO) has been assigned an average recommendation of “Hold” from the twelve ratings firms that are presently covering the firm, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $181.1111.

ATO has been the subject of several research analyst reports. Barclays lifted their price target on shares of Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Weiss Ratings raised shares of Atmos Energy from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, April 16th. Citigroup boosted their target price on shares of Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Morgan Stanley decreased their target price on shares of Atmos Energy from $197.00 to $195.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Finally, Truist Financial initiated coverage on shares of Atmos Energy in a research report on Tuesday, April 21st. They set a “hold” rating and a $195.00 target price for the company.

Institutional Investors Weigh In On Atmos Energy

Several institutional investors have recently bought and sold shares of ATO. Norges Bank bought a new stake in Atmos Energy during the fourth quarter worth $331,426,000. Bank of America Corp DE grew its position in Atmos Energy by 94.9% in the 2nd quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock worth $562,851,000 after purchasing an additional 1,778,653 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Atmos Energy by 26,269.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,033,701 shares of the utilities provider’s stock worth $173,279,000 after purchasing an additional 1,029,781 shares in the last quarter. Capital International Investors grew its position in Atmos Energy by 8.5% in the 4th quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider’s stock worth $1,993,968,000 after purchasing an additional 927,986 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new stake in Atmos Energy in the 4th quarter worth about $107,729,000. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Trading Up 0.1%

ATO opened at $188.80 on Monday. Atmos Energy has a 1-year low of $149.98 and a 1-year high of $192.51. 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 company has a market cap of $31.23 billion, a P/E ratio of 24.52, a price-to-earnings-growth ratio of 3.33 and a beta of 0.65. The company has a fifty day moving average price of $185.68 and a two-hundred day moving average price of $176.72.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, beating 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 firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the previous year, the firm posted $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. Analysts predict that Atmos Energy will post 8.3 EPS for the current fiscal year.

Atmos Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, February 23rd were issued a dividend of $1.00 per share. The ex-dividend date was Monday, February 23rd. This represents a $4.00 annualized dividend and a yield of 2.1%. Atmos Energy’s dividend payout ratio is 51.95%.

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.