Barclays Increases Atmos Energy (NYSE:ATO) Price Target to $184.00

Atmos Energy (NYSE:ATO) had its price objective upped by equities researchers at Barclays from $167.00 to $184.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has an “equal weight” rating on the utilities provider’s stock. Barclays‘s price objective would indicate a potential downside of 4.29% from the stock’s previous close.

Several other research analysts have also recently weighed in on the company. Wall Street Zen raised Atmos Energy from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Atmos Energy in a research report on Monday, December 29th. Citigroup upped their price objective on Atmos Energy from $163.00 to $182.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. UBS Group upped their price objective on Atmos Energy from $159.00 to $174.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 17th. Finally, Morgan Stanley set a $192.00 price objective on Atmos Energy in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $177.56.

Atmos Energy Stock Up 1.4%

ATO stock opened at $192.25 on Wednesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 1.02. The stock has a market capitalization of $31.81 billion, a P/E ratio of 24.97, a P/E/G ratio of 3.28 and a beta of 0.69. The business has a 50-day moving average of $181.90 and a 200-day moving average of $175.01. Atmos Energy has a fifty-two week low of $146.29 and a fifty-two week high of $192.51.

Atmos Energy (NYSE:ATO) last posted its quarterly earnings data on Tuesday, February 3rd. The utilities provider reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.03. The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Atmos Energy had a return on equity of 9.20% and a net margin of 25.67%.During the same period in the prior year, the firm earned $2.23 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.150-8.350 EPS. On average, sell-side analysts anticipate that Atmos Energy will post 7.18 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Root Financial Partners LLC acquired a new position in Atmos Energy during the third quarter valued at approximately $25,000. Garner Asset Management Corp acquired a new position in Atmos Energy during the fourth quarter valued at approximately $25,000. Kingdom Financial Group LLC. acquired a new position in Atmos Energy during the fourth quarter valued at approximately $26,000. JFS Wealth Advisors LLC boosted its position in Atmos Energy by 85.9% during the fourth quarter. JFS Wealth Advisors LLC now owns 158 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 73 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Atmos Energy in the third quarter valued at approximately $29,000. 90.17% of the stock is 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.