Atmos Energy Co. (NYSE:ATO – Free Report) – Research analysts at Seaport Res Ptn raised their FY2025 earnings per share estimates for Atmos Energy in a research report issued to clients and investors on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will earn $7.23 per share for the year, up from their prior forecast of $7.16. The consensus estimate for Atmos Energy’s current full-year earnings is $7.14 per share. Seaport Res Ptn also issued estimates for Atmos Energy’s FY2026 earnings at $7.79 EPS, FY2027 earnings at $8.38 EPS and FY2028 earnings at $8.97 EPS.
A number of other brokerages have also recently issued reports on ATO. StockNews.com raised shares of Atmos Energy from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. Mizuho boosted their price objective on Atmos Energy from $148.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Argus upgraded Atmos Energy from a “hold” rating to a “buy” rating and set a $150.00 target price on the stock in a report on Friday, December 20th. Wells Fargo & Company increased their price target on Atmos Energy from $145.00 to $156.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, Bank of America initiated coverage on shares of Atmos Energy in a report on Friday, December 13th. They set a “buy” rating and a $156.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $148.75.
Atmos Energy Stock Performance
Shares of ATO stock opened at $139.49 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.80 and a debt-to-equity ratio of 0.65. The firm has a fifty day simple moving average of $142.60 and a two-hundred day simple moving average of $134.77. Atmos Energy has a 12 month low of $110.46 and a 12 month high of $152.65. The firm has a market capitalization of $21.68 billion, a PE ratio of 20.30, a price-to-earnings-growth ratio of 2.80 and a beta of 0.71.
Atmos Energy Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Monday, November 25th were paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 2.49%. This is a boost from Atmos Energy’s previous quarterly dividend of $0.81. The ex-dividend date was Monday, November 25th. Atmos Energy’s payout ratio is presently 50.66%.
Insider Transactions at Atmos Energy
In other news, Director Edward Geiser purchased 2,500 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was bought at an average price of $144.89 per share, for a total transaction of $362,225.00. Following the purchase, the director now owns 2,602 shares of the company’s stock, valued at $377,003.78. The trade was a 2,450.98 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.48% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Atmos Energy
Several institutional investors have recently added to or reduced their stakes in the business. Dunhill Financial LLC increased its stake in shares of Atmos Energy by 1,542.9% in the third quarter. Dunhill Financial LLC now owns 230 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 216 shares in the last quarter. PFS Partners LLC bought a new stake in Atmos Energy during the 3rd quarter valued at $69,000. GAMMA Investing LLC lifted its position in shares of Atmos Energy by 17.9% during the third quarter. GAMMA Investing LLC now owns 917 shares of the utilities provider’s stock worth $127,000 after acquiring an additional 139 shares in the last quarter. Lummis Asset Management LP boosted its holdings in shares of Atmos Energy by 50.0% in the second quarter. Lummis Asset Management LP now owns 1,128 shares of the utilities provider’s stock worth $132,000 after acquiring an additional 376 shares during the period. Finally, Allworth Financial LP grew its position in shares of Atmos Energy by 50.8% in the third quarter. Allworth Financial LP now owns 992 shares of the utilities provider’s stock valued at $138,000 after purchasing an additional 334 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.
About Atmos Energy
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states.
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