Atmos Energy (NYSE:ATO – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 8.400-8.500 for the period, compared to the consensus earnings per share estimate of 8.300. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on ATO. 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. Barclays increased their price objective on shares of Atmos Energy from $167.00 to $184.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Wall Street Zen cut shares of Atmos Energy from a “hold” rating to a “sell” rating in a research report on Saturday. Morgan Stanley lowered their price objective 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 began coverage on shares of Atmos Energy in a research report on Tuesday, April 21st. They set a “hold” rating and a $195.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, Atmos Energy has an average rating of “Hold” and an average target price of $181.11.
Check Out Our Latest Stock Analysis on ATO
Atmos Energy Trading Down 1.4%
Atmos Energy (NYSE:ATO – Get Free Report) last released its earnings results on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.41 by $0.03. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.21 billion. Atmos Energy had a net margin of 25.67% and a return on equity of 9.20%. During the same period in the prior year, the business earned $2.23 EPS. Equities research analysts forecast that Atmos Energy will post 8.3 EPS for the current year.
Institutional Investors Weigh In On Atmos Energy
Hedge funds have recently added to or reduced their stakes in the business. DV Equities LLC acquired a new stake in Atmos Energy during the 4th quarter worth approximately $37,000. Johnson Financial Group Inc. lifted its holdings in Atmos Energy by 625.8% during the 3rd quarter. Johnson Financial Group Inc. now owns 225 shares of the utilities provider’s stock worth $38,000 after buying an additional 194 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings in Atmos Energy by 58.8% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 270 shares of the utilities provider’s stock worth $45,000 after buying an additional 100 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in Atmos Energy by 203.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 276 shares of the utilities provider’s stock worth $47,000 after buying an additional 185 shares in the last quarter. Finally, Prosperity Bancshares Inc acquired a new stake in Atmos Energy during the 4th quarter worth approximately $50,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.
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.
Recommended Stories
Receive News & Ratings for Atmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.
