Brokers Set Expectations for Atmos Energy FY2025 Earnings

Atmos Energy Co. (NYSE:ATOFree Report) – Seaport Res Ptn lifted their FY2025 earnings per share (EPS) estimates for Atmos Energy in a research report issued on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will post earnings per share of $7.23 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.

Several other equities analysts also recently commented on ATO. Morgan Stanley decreased their price objective on shares of Atmos Energy from $145.00 to $143.00 and set an “overweight” rating on the stock in a report on Friday, November 22nd. Bank of America began coverage on shares of Atmos Energy in a research note on Friday, December 13th. They issued a “buy” rating and a $156.00 price target on the stock. Jefferies Financial Group initiated coverage on shares of Atmos Energy in a research report on Wednesday, October 2nd. They set a “hold” rating and a $155.00 price objective for the company. Barclays upped their target price on Atmos Energy from $129.00 to $144.00 and gave the company an “equal weight” rating in a research report on Monday, October 7th. Finally, StockNews.com raised Atmos Energy from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Atmos Energy currently has an average rating of “Moderate Buy” and an average price target of $148.75.

View Our Latest Analysis on Atmos Energy

Atmos Energy Stock Up 0.1 %

ATO opened at $136.65 on Tuesday. The stock’s fifty day simple moving average is $142.60 and its 200 day simple moving average is $134.77. Atmos Energy has a 1-year low of $110.46 and a 1-year high of $152.65. The stock has a market cap of $21.24 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 2.80 and a beta of 0.71. The company has a current ratio of 0.94, a quick ratio of 0.80 and a debt-to-equity ratio of 0.65.

Institutional Investors Weigh In On Atmos Energy

Large investors have recently bought and sold shares of the company. Dunhill Financial LLC lifted its holdings in shares of Atmos Energy by 1,542.9% during the 3rd quarter. Dunhill Financial LLC now owns 230 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 216 shares during the period. PFS Partners LLC acquired a new position in Atmos Energy during the third quarter valued at approximately $69,000. GAMMA Investing LLC lifted its stake in 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 purchasing an additional 139 shares during the last quarter. Lummis Asset Management LP boosted its holdings in shares of Atmos Energy by 50.0% in the 2nd quarter. Lummis Asset Management LP now owns 1,128 shares of the utilities provider’s stock valued at $132,000 after purchasing an additional 376 shares in the last quarter. Finally, Allworth Financial LP increased its stake in shares of Atmos Energy by 50.8% in the 3rd quarter. Allworth Financial LP now owns 992 shares of the utilities provider’s stock valued at $138,000 after purchasing an additional 334 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Edward Geiser purchased 2,500 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average price of $144.89 per share, with a total value of $362,225.00. Following the completion of the purchase, the director now directly owns 2,602 shares in the company, valued at $377,003.78. This trade represents a 2,450.98 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.48% of the company’s stock.

Atmos Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Monday, November 25th were issued a $0.87 dividend. The ex-dividend date was Monday, November 25th. This is a boost from Atmos Energy’s previous quarterly dividend of $0.81. This represents a $3.48 annualized dividend and a yield of 2.55%. Atmos Energy’s payout ratio is currently 50.66%.

About Atmos Energy

(Get Free Report)

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.

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.