Hsbc Holdings PLC Has $115.98 Million Stake in Atmos Energy Corporation $ATO

Hsbc Holdings PLC reduced its holdings in shares of Atmos Energy Corporation (NYSE:ATO) by 13.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 672,843 shares of the utilities provider’s stock after selling 107,341 shares during the quarter. Hsbc Holdings PLC’s holdings in Atmos Energy were worth $115,985,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. EFG International AG acquired a new stake in Atmos Energy during the 2nd quarter valued at $334,000. Ancora Advisors LLC acquired a new stake in shares of Atmos Energy during the 2nd quarter worth about $141,000. PDT Partners LLC bought a new stake in shares of Atmos Energy during the 2nd quarter worth about $2,836,000. Canada Pension Plan Investment Board bought a new stake in shares of Atmos Energy during the 2nd quarter worth about $6,823,000. Finally, Kinloch Capital LLC acquired a new position in Atmos Energy in the 2nd quarter valued at about $4,269,000. Institutional investors own 90.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ATO. Barclays cut their price objective on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 14th. Argus lowered their target price on Atmos Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a research note on Thursday, July 2nd. Truist Financial dropped their price target on Atmos Energy from $188.00 to $179.00 and set a “hold” rating for the company in a report on Thursday, August 13th. Wall Street Zen lowered Atmos Energy from a “hold” rating to a “sell” rating in a report on Monday, August 3rd. Finally, Weiss Ratings cut Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. Four equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $187.73.

Atmos Energy Price Performance

Shares of NYSE:ATO opened at $167.58 on Wednesday. The firm has a 50 day moving average of $173.50 and a 200-day moving average of $178.31. Atmos Energy Corporation has a 12 month low of $160.10 and a 12 month high of $192.51. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $28.32 billion, a PE ratio of 19.93, a PEG ratio of 2.91 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.08. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. The business had revenue of $879.06 million for the quarter, compared to analysts’ expectations of $900.82 million. During the same period last year, the firm posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities research analysts predict that Atmos Energy Corporation will post 8.46 EPS for the current fiscal year.

Atmos Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $4.00 annualized dividend and a yield of 2.4%. Atmos Energy’s dividend payout ratio (DPR) is 47.56%.

Insider Transactions at Atmos Energy

In other Atmos Energy news, Director William James Ware bought 300 shares of the stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of $167.59 per share, with a total value of $50,277.00. Following the completion of the purchase, the director owned 488 shares in the company, valued at $81,783.92. The trade was a 159.57% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 0.43% of the stock is currently owned by corporate insiders.

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.