Atmos Energy FY2025 EPS Estimate Boosted by Seaport Res Ptn

Atmos Energy Corporation (NYSE:ATO) – Investment analysts at Seaport Res Ptn upped their FY2025 earnings per share estimates for shares of Atmos Energy in a research report issued on Monday, July 28th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings of $7.27 per share for the year, up from their prior estimate of $7.23. The consensus estimate for Atmos Energy’s current full-year earnings is $7.18 per share. Seaport Res Ptn also issued estimates for Atmos Energy’s FY2026 earnings at $7.84 EPS and FY2027 earnings at $8.41 EPS.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings results on Wednesday, May 7th. The utilities provider reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $0.11. Atmos Energy had a return on equity of 9.05% and a net margin of 25.35%. The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the previous year, the firm earned $2.85 EPS. The firm’s revenue was up 18.4% compared to the same quarter last year.

A number of other research firms also recently commented on ATO. Morgan Stanley set a $156.00 target price on Atmos Energy and gave the company an “overweight” rating in a research report on Wednesday, June 18th. UBS Group increased their target price on Atmos Energy from $146.00 to $159.00 and gave the company a “neutral” rating in a research report on Wednesday. Mizuho downgraded Atmos Energy from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $165.00 to $164.00 in a research report on Monday, April 28th. Argus upgraded Atmos Energy to a “strong-buy” rating in a research report on Wednesday, May 28th. Finally, Wall Street Zen upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, May 9th. Seven research analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $157.14.

Atmos Energy Stock Up 0.2%

NYSE ATO opened at $156.41 on Wednesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.25 and a current ratio of 1.33. The company has a market capitalization of $24.84 billion, a P/E ratio of 21.72, a P/E/G ratio of 2.94 and a beta of 0.70. Atmos Energy has a one year low of $126.08 and a one year high of $167.45. The stock has a 50 day moving average price of $154.33 and a 200-day moving average price of $151.88.

Hedge Funds Weigh In On Atmos Energy

Several large investors have recently modified their holdings of the stock. Patten Group Inc. grew its position in Atmos Energy by 38.8% in the 2nd quarter. Patten Group Inc. now owns 2,307 shares of the utilities provider’s stock valued at $356,000 after acquiring an additional 645 shares during the last quarter. DekaBank Deutsche Girozentrale grew its position in Atmos Energy by 0.8% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 47,563 shares of the utilities provider’s stock valued at $7,261,000 after acquiring an additional 369 shares during the last quarter. Bogart Wealth LLC grew its position in Atmos Energy by 11,200.0% in the 2nd quarter. Bogart Wealth LLC now owns 339 shares of the utilities provider’s stock valued at $52,000 after acquiring an additional 336 shares during the last quarter. Stephens Inc. AR grew its position in Atmos Energy by 7.0% in the 2nd quarter. Stephens Inc. AR now owns 2,545 shares of the utilities provider’s stock valued at $392,000 after acquiring an additional 166 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC grew its position in Atmos Energy by 2.5% in the 2nd quarter. Forvis Mazars Wealth Advisors LLC now owns 3,002 shares of the utilities provider’s stock valued at $463,000 after acquiring an additional 73 shares during the last quarter. Institutional investors own 90.17% of the company’s stock.

Insider Buying and Selling at Atmos Energy

In other news, Director Kim R. Cocklin sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $150.98, for a total transaction of $2,264,700.00. Following the transaction, the director owned 172,632 shares of the company’s stock, valued at approximately $26,063,979.36. The trade was a 7.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.48% of the company’s stock.

Atmos Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 9th. Stockholders of record on Tuesday, May 27th were given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Tuesday, May 27th. Atmos Energy’s dividend payout ratio is currently 48.33%.

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.