Atmos Energy (NYSE:ATO) Posts Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Atmos Energy (NYSE:ATO) released its earnings results on Wednesday. The utilities provider reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.08, FiscalAI reports. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.The company had revenue of $879.06 million during the quarter, compared to analysts’ expectations of $909.06 million. During the same quarter last year, the business posted $1.16 EPS. Atmos Energy updated its FY 2026 guidance to 8.400-8.500 EPS.

Atmos Energy Stock Down 0.1%

Shares of Atmos Energy stock traded down $0.18 during midday trading on Wednesday, hitting $172.47. The company had a trading volume of 1,279,633 shares, compared to its average volume of 1,291,906. Atmos Energy has a 52-week low of $155.56 and a 52-week high of $192.51. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00. The stock has a market capitalization of $28.79 billion, a P/E ratio of 21.19, a P/E/G ratio of 3.00 and a beta of 0.60. The company has a 50 day moving average of $173.46 and a 200 day moving average of $178.15.

Analysts Set New Price Targets

ATO has been the topic of several recent research reports. Morgan Stanley set a $196.00 price target on Atmos Energy in a research note on Wednesday, July 22nd. Wall Street Zen lowered Atmos Energy from a “hold” rating to a “sell” rating in a research report on Monday. Wells Fargo & Company assumed coverage on shares of Atmos Energy in a report on Monday, July 13th. They set an “overweight” rating and a $200.00 target price on the stock. Barclays reduced 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 research report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. increased their price target on shares of Atmos Energy from $196.00 to $198.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Four research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $186.92.

Institutional Investors Weigh In On Atmos Energy

Several hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC bought a new position in Atmos Energy in the 4th quarter worth about $233,000. Integrated Wealth Concepts LLC increased its stake in Atmos Energy by 10.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider’s stock valued at $490,000 after purchasing an additional 308 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Atmos Energy by 8.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider’s stock worth $2,676,000 after buying an additional 1,331 shares during the last quarter. Empowered Funds LLC raised its holdings in Atmos Energy by 8.5% in the first quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider’s stock worth $482,000 after buying an additional 245 shares during the last quarter. Finally, Woodline Partners LP lifted its stake in shares of Atmos Energy by 43.9% in the first quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider’s stock worth $2,073,000 after buying an additional 4,088 shares in the last quarter. 90.17% of the stock is owned by 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.