Hsbc Holdings PLC Buys 286,406 Shares of Atmos Energy Corporation $ATO

Hsbc Holdings PLC lifted its stake in Atmos Energy Corporation (NYSE:ATO) by 54.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 816,586 shares of the utilities provider’s stock after purchasing an additional 286,406 shares during the period. Hsbc Holdings PLC owned 0.49% of Atmos Energy worth $136,888,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. increased its stake in shares of Atmos Energy by 57.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 14,623 shares of the utilities provider’s stock valued at $2,451,000 after buying an additional 5,312 shares during the period. World Investment Advisors lifted its stake in shares of Atmos Energy by 69.4% during the fourth quarter. World Investment Advisors now owns 2,716 shares of the utilities provider’s stock valued at $455,000 after acquiring an additional 1,113 shares during the period. Corient Private Wealth LLC lifted its stake in shares of Atmos Energy by 4.3% during the fourth quarter. Corient Private Wealth LLC now owns 57,781 shares of the utilities provider’s stock valued at $9,694,000 after acquiring an additional 2,402 shares during the period. Targeted Financial Services LLC bought a new position in Atmos Energy in the fourth quarter valued at about $837,000. Finally, Tulsa Wealth Advisors INC bought a new position in Atmos Energy in the fourth quarter valued at about $760,000. Institutional investors own 90.17% of the company’s stock.

Atmos Energy Price Performance

Shares of ATO stock opened at $169.98 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.00 and a debt-to-equity ratio of 0.65. Atmos Energy Corporation has a 12-month low of $149.98 and a 12-month high of $192.51. The firm has a fifty day moving average of $178.50 and a 200-day moving average of $176.45. The firm has a market capitalization of $28.37 billion, a price-to-earnings ratio of 20.88, a price-to-earnings-growth ratio of 2.96 and a beta of 0.60.

Atmos Energy (NYSE:ATO) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $3.47 EPS for the quarter, topping the consensus estimate of $3.37 by $0.10. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. Atmos Energy had a return on equity of 9.59% and a net margin of 27.58%.During the same quarter last year, the business posted $3.03 EPS. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities research analysts forecast that Atmos Energy Corporation will post 8.43 earnings per share for the current year.

Atmos Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.4%. Atmos Energy’s dividend payout ratio (DPR) is currently 49.14%.

Analyst Ratings Changes

A number of analysts recently commented on the company. Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 2nd. TD Cowen upped their target price on shares of Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a research report on Friday, May 15th. Wall Street Zen lowered shares of Atmos Energy from a “hold” rating to a “sell” rating in a research note on Friday. Barclays raised their target price on shares of Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Finally, Truist Financial dropped their price target on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating for the company in a research note on Monday, May 18th. One analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Atmos Energy has an average rating of “Hold” and an average target price of $181.90.

About Atmos Energy

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.