- ATO -2.64%
Atmos Energy Corporation (NYSE:ATO) is included among the 15 High Quality Dividend Stocks for Long-Term Investors.
Atmos Energy (ATO) Gets Target Boost as Morgan Stanley Revises Utility Sector Outlook On November 20, Morgan Stanley increased its price target on Atmos Energy Corporation (NYSE:ATO) to $182 from $181 while maintaining an Overweight rating. The firm noted that it was adjusting its targets across the North American Regulated and Diversified Utilities/IPPs group and pointed out that utilities lagged the broader S&P’s performance in October.
Earlier in the month, on November 5, Atmos Energy Corporation (NYSE:ATO) announced a 15% increase in its quarterly dividend, raising it to $1.00 per share. This move marked the company’s 41st straight year of boosting its dividend and its 168th consecutive quarterly payout.
For fiscal 2025, Atmos Energy Corporation (NYSE:ATO) reported capital spending of $3.6 billion, with about 87% directed toward safety and reliability initiatives. The company also reported roughly $4.9 billion in available liquidity and about $1.8 billion in financing to support ongoing operations.
Atmos Energy Corporation (NYSE:ATO) is one of the major regulated natural gas utilities in the United States, with a focus on essential services and a stable customer base that supports its steady business profile in the regulated utilities space.
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