Atmos Energy Corporation (ATO)

In the past six months, Atmos Energy's stock has experienced several notable events. The company's stock performance in 2024 showed a moderate gain of 19%. Atmos Energy has increased its dividend for 41 consecutive years and declared a quarterly dividend of $1.00 per share. The company reported its fiscal 2025 earnings with diluted earnings per share of $7.46. Analyst ratings for ATO generally lean towards "Hold," with a consensus rating score of 2.29 based on recent reports. Insider trading activity in December 2025 showed some selling.

Demand for Atmos Energy's products and services is highly seasonal, particularly in its distribution business. The period from September to March historically represents the heating season, which accounts for the largest seasonal usage of natural gas and can generate 70% to 75% of Atmos Energy's full fiscal year earnings. Earnings from its pipeline and storage segment tend to be more stable throughout the year.

Atmos Energy Corp. is a natural gas utility in the United States, primarily engaged in the regulated distribution of natural gas to residential, commercial, industrial, and electric generation customers. Its services include gas delivery, pipeline operations, system integrity and maintenance, storage and transmission connections, and customer-facing programs. The company operates through two segments: Distribution, which handles regulated natural gas distribution and sales, and Pipeline and Storage, which manages pipeline and storage operations.

Atmos Energy serves approximately 3.4 million distribution customers across eight U.S. states, concentrated in the South and portions of the Midwest. About two-thirds of its distribution income is generated from Texas, where it also operates one of the largest intrastate natural gas pipeline systems. The company's service territories include Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia.

In the past year, Atmos Energy has maintained a generally positive brand reputation, underscored by its continuous focus on safety, innovation, environmental sustainability, and community engagement. The outcomes of the 2025 annual shareholders meeting reflected shareholder confidence in the company's strategic direction and governance. No significant negative events impacting its brand reputation were identified in the past year.

Atmos Energy Corp. exhibits a high level of institutional ownership, with approximately 84.25% to 99.27% of the company's stock held by institutional investors. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Capital International Investors, State Street Corp, Wellington Management Group Llp, Price T Rowe Associates Inc /md/, and Aristotle Capital Management, LLC. Individual and insider ownership are significantly lower.