Atmos Energy (ATO) has showcased a promising performance in recent times, both in terms of its earnings and stock market performance. For Q2, it beat earnings estimates and also experienced a rise in sales year over year. This robust performance has resulted in
ATO's rating being upgraded and its price target being increased to $130 by
Wells Fargo. Additionally, ATO's successful run led to significant shares acquisition by
National Bank of Canada FI, and notable buying stakes by
GAMMA Investing LLC and
International Assets Investment Management LLC. Despite some concerns about utilities stocks underperforming, ATO has stayed ahead of many of its peers. Investments and residential demand growth are further bolstering the company's position. ATO is recognized as a high-growth dividend stock. Although the
Retirement Systems of Alabama and
Natixis Advisors L.P. have trimmed their holdings in ATO, its overall momentum seems untouched. Despite affirming Fiscal 2024 guidance with solid Q1 earnings, Q4 earnings were notable with some miss on revenues.
Atmos Energy Stocks ATO News Analytics from Sun, 31 Mar 2013 07:00:00 GMT to Sun, 12 May 2024 12:13:46 GMT -
Rating 8
- Innovation -5
- Information 9
- Rumor -2
