Atmos Energy (NYSE:ATO) Issues FY 2025 Earnings Guidance

Key Points

• Atmos Energy has updated its FY 2025 earnings guidance, forecasting earnings per share (EPS) of 7.350-7.450, which exceeds the consensus estimate of 7.234.
• The company's stock price increased by 4.8%, closing at $164.63, and it has a market cap of $26.15 billion.
• Atmos Energy recently announced a quarterly dividend of $0.87 per share, representing an annualized dividend yield of 2.1%.

Atmos Energy (NYSE:ATO - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 7.350-7.450 for the period, compared to the consensus estimate of 7.234. The company issued revenue guidance of -.

Analyst Ratings Changes

Several research firms 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. LADENBURG THALM/SH SH upgraded shares of Atmos Energy to a "strong-buy" rating in a research report on Friday, May 9th. Wall Street Zen upgraded shares of Atmos Energy from a "sell" rating to a "hold" rating in a research report on Friday, May 9th. Barclays dropped their target price on Atmos Energy from $156.00 to $153.00 and set an "equal weight" rating on the stock in a report on Thursday, July 10th. Finally, Mizuho lowered Atmos Energy from an "outperform" rating to a "neutral" rating and decreased their price target for the company from $165.00 to $164.00 in a research note on Monday, April 28th. Seven equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $157.14.

Atmos Energy Stock Up 4.8%

ATO traded up $7.61 during trading on Thursday, reaching $164.63. 869,693 shares of the stock traded hands, compared to its average volume of 969,612. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.33 and a quick ratio of 1.25. The stock has a market cap of $26.15 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 2.95 and a beta of 0.69. The stock's 50-day simple moving average is $154.43 and its two-hundred day simple moving average is $152.40. Atmos Energy has a fifty-two week low of $126.08 and a fifty-two week high of $167.45.

Atmos Energy (NYSE:ATO - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The utilities provider reported $1.16 EPS for the quarter, missing analysts' consensus estimates of $1.17 by ($0.01). The business had revenue of $838.77 million for the quarter, compared to analyst estimates of $848.97 million. Atmos Energy had a return on equity of 9.05% and a net margin of 25.35%. During the same quarter last year, the firm earned $1.08 earnings per share. As a group, equities research analysts expect that Atmos Energy will post 7.18 EPS for the current year.

Atmos Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 8th. Stockholders of record on Monday, August 25th will be issued a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 2.1%. Atmos Energy's payout ratio is presently 48.33%.

Insider Buying and Selling at Atmos Energy

In other Atmos Energy news, Director Kim R. Cocklin sold 15,000 shares of Atmos Energy stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $150.98, for a total transaction of $2,264,700.00. Following the completion of the sale, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.48% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Atmos Energy

Several large investors have recently made changes to their positions in ATO. Woodline Partners LP raised its position in Atmos Energy by 43.9% during the first quarter. Woodline Partners LP now owns 13,410 shares of the utilities provider's stock worth $2,073,000 after acquiring an additional 4,088 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Atmos Energy by 8.5% during the 1st quarter. Empowered Funds LLC now owns 3,117 shares of the utilities provider's stock worth $482,000 after buying an additional 245 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Atmos Energy by 8.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,312 shares of the utilities provider's stock valued at $2,676,000 after acquiring an additional 1,331 shares during the period. Integrated Wealth Concepts LLC raised its holdings in Atmos Energy by 10.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,168 shares of the utilities provider's stock worth $490,000 after purchasing an additional 308 shares during the last quarter. Finally, Brighton Jones LLC acquired a new stake in Atmos Energy during the 4th quarter worth about $233,000. Institutional investors own 90.17% of the company's stock.

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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