Atmos Energy Corporation (NYSE:ATO) Plans Quarterly Dividend of $1.00

Key Points

• Atmos Energy declared a quarterly dividend of $1.00 per share, payable September 8 to shareholders of record on August 24. The dividend implies a 2.3% annualized yield and marks the company’s 41st consecutive year of dividend increases.
• The utility reported quarterly EPS of $1.43, beating analysts’ $1.35 estimate, although revenue of $879.06 million came in below the $909.06 million consensus. Management’s fiscal 2026 EPS guidance is $8.40–$8.50.
• Atmos Energy shares opened at $172.47, near their 50-day average, while institutional investors own 90.17% of outstanding shares. The company’s dividend appears well covered, with a current payout ratio of 51.5% and an expected future ratio of 44.4%.

Atmos Energy Corporation (NYSE:ATO - Get Free Report) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Monday, August 24th will be paid a dividend of 1.00 per share by the utilities provider on Tuesday, September 8th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date is Monday, August 24th.

Atmos Energy has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 41 years. Atmos Energy has a payout ratio of 51.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect Atmos Energy to earn $9.00 per share next year, which means the company should continue to be able to cover its $4.00 annual dividend with an expected future payout ratio of 44.4%.

Atmos Energy Stock Down 0.1%

NYSE:ATO opened at $172.47 on Thursday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00. The firm has a market cap of $28.79 billion, a P/E ratio of 21.19, a P/E/G ratio of 3.00 and a beta of 0.60. Atmos Energy has a fifty-two week low of $155.56 and a fifty-two week high of $192.51. The firm has a 50-day simple moving average of $173.38 and a two-hundred day simple moving average of $178.16.

Atmos Energy (NYSE:ATO - Get Free Report) last issued its earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.08. Atmos Energy had a net margin of 27.58% and a return on equity of 9.59%. The firm had revenue of $879.06 million for the quarter, compared to the consensus estimate of $909.06 million. During the same quarter in the prior year, the firm posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Analysts predict that Atmos Energy will post 8.44 earnings per share for the current fiscal year.

Institutional Trading of Atmos Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Atmos Energy in the fourth quarter worth about $331,426,000. Bank of America Corp DE lifted its position in shares of Atmos Energy by 94.9% during the 2nd quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider's stock valued at $562,851,000 after buying an additional 1,778,653 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Atmos Energy by 26,269.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,033,701 shares of the utilities provider's stock valued at $173,279,000 after buying an additional 1,029,781 shares in the last quarter. Capital International Investors grew its stake in shares of Atmos Energy by 8.5% during the 4th quarter. Capital International Investors now owns 11,893,826 shares of the utilities provider's stock valued at $1,993,968,000 after acquiring an additional 927,986 shares during the period. Finally, PFA Pension Forsikringsaktieselskab purchased a new stake in Atmos Energy in the 4th quarter worth approximately $107,729,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

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.

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