Brokerages Set Atmos Energy Corporation (NYSE:ATO) Target Price at $186.92

Shares of Atmos Energy Corporation (NYSE:ATO) have been given a consensus rating of “Hold” by the thirteen analysts that are covering the company, Marketbeat Ratings reports. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $189.0909.

A number of equities analysts have recently weighed in on ATO shares. Mizuho lowered their target price on Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a research note on Friday, May 29th. Argus decreased their price objective on Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a report on Thursday, July 2nd. TD Cowen increased their price objective on Atmos Energy from $193.00 to $196.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Morgan Stanley set a $196.00 target price on Atmos Energy in a report on Wednesday, July 22nd. Finally, 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 report on Tuesday, July 14th.

Atmos Energy Stock Performance

Shares of ATO stock opened at $167.54 on Thursday. Atmos Energy has a 52 week low of $160.10 and a 52 week high of $192.51. The company has a market capitalization of $28.31 billion, a price-to-earnings ratio of 19.92, a PEG ratio of 2.95 and a beta of 0.60. The company has a 50-day simple moving average of $173.38 and a 200 day simple moving average of $178.16. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.73 and a current ratio of 0.81.

Atmos Energy (NYSE:ATO) last released its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.08. The firm 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 period in the prior year, the firm earned $1.16 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, sell-side analysts predict that Atmos Energy will post 8.46 earnings per share for the current year.

Atmos Energy Dividend Announcement

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

Institutional Investors Weigh In On Atmos Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Garner Asset Management Corp bought a new stake in shares of Atmos Energy in the fourth quarter valued at approximately $25,000. Frazier Financial Advisors LLC bought a new position in Atmos Energy during the 2nd quarter worth $25,000. Kingdom Financial Group LLC. acquired a new position in Atmos Energy in the 4th quarter valued at $26,000. Elevation Wealth Partners LLC raised its holdings in Atmos Energy by 627.3% in the 2nd quarter. Elevation Wealth Partners LLC now owns 160 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 138 shares in the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in shares of Atmos Energy during the 4th quarter valued at $32,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

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.