Atmos Energy (ATO), a top dividend stock, has been profitable for those who invested three years or five years ago with strong returns. However, Morgan Stanley has lowered the price target to $119.00. ATO stands as a Dividend Aristocrat, offering compounding income for its investors. The company seems to be outperforming other utility stocks and received a \"Moderate Buy\" recommendation from analysts. Several investment and management firms like American International Group, Vanguard Group, and Kapitalo Investimentos have decreased their shares of ATO, while others like Wahed Invest, Capital Fund Management, and Envestnet Asset Management have increased their investments. Director Kim Cocklin sold 15,000 shares of ATO. The use of debt by Atmos Energy has raised some concerns. ATO's Dividend Analysis and Q2 2024 Earnings Call showed mixed results. Despite unrelenting political pressure, ATO still stands as a profitable investment. However, Atmos Energy has been added with a new risk that could bring bad news for the stock. The company's ability to allocate capital effectively can be questioned.
Atmos Energy Stocks ATO News Analytics from Tue, 04 Jan 2022 08:00:00 GMT to Mon, 24 Jun 2024 14:59:17 GMT -
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- Innovation 2
- Information 8
- Rumor -4
