Atmos Energy (NYSE:ATO) Stock Rating Lowered by Wall Street Zen

Atmos Energy (NYSE:ATO) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

ATO has been the subject of a number of other research reports. Morgan Stanley set a $190.00 target price on Atmos Energy in a research note on Wednesday, June 24th. JPMorgan Chase & Co. increased their price objective on Atmos Energy from $196.00 to $198.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Mizuho lowered their price objective on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating for the company in a research report on Friday, May 29th. Barclays dropped their target price on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 14th. Finally, Citigroup upped 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. Four research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $186.42.

Atmos Energy Trading Down 0.1%

Shares of ATO opened at $177.57 on Friday. Atmos Energy has a 1-year low of $154.23 and a 1-year high of $192.51. The company has a current ratio of 1.00, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. The firm’s 50-day moving average price is $174.02 and its 200-day moving average price is $177.41. The firm has a market capitalization of $29.64 billion, a price-to-earnings ratio of 21.81, a PEG ratio of 3.08 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last released its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $3.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.10. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the prior year, the firm earned $3.03 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Sell-side analysts anticipate that Atmos Energy will post 8.45 EPS for the current year.

Institutional Investors Weigh In On Atmos Energy

Institutional investors have recently modified their holdings of the stock. Compound Planning Inc. increased its position in Atmos Energy by 3.6% in the fourth quarter. Compound Planning Inc. now owns 1,654 shares of the utilities provider’s stock worth $277,000 after buying an additional 58 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in shares of Atmos Energy by 3.9% in the fourth quarter. Checchi Capital Advisers LLC now owns 1,579 shares of the utilities provider’s stock worth $265,000 after buying an additional 60 shares during the period. MGO One Seven LLC lifted its position in shares of Atmos Energy by 4.3% during the 4th quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider’s stock valued at $254,000 after buying an additional 62 shares in the last quarter. Wealthfront Advisers LLC lifted its position in shares of Atmos Energy by 0.8% during the 1st quarter. Wealthfront Advisers LLC now owns 8,153 shares of the utilities provider’s stock valued at $1,506,000 after buying an additional 65 shares in the last quarter. Finally, Root Financial Partners LLC grew its stake in shares of Atmos Energy by 39.1% during the 1st quarter. Root Financial Partners LLC now owns 235 shares of the utilities provider’s stock valued at $43,000 after acquiring an additional 66 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.

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.