Atmos Energy Corporation $ATO Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC grew its position in shares of Atmos Energy Corporation (NYSE:ATO) by 54.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 816,586 shares of the utilities provider’s stock after buying an additional 286,406 shares during the period. Hsbc Holdings PLC owned about 0.49% of Atmos Energy worth $136,888,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Targeted Financial Services LLC bought a new position in Atmos Energy during the fourth quarter worth $837,000. Tulsa Wealth Advisors INC bought a new stake in Atmos Energy during the fourth quarter valued at $760,000. Tobam bought a new stake in Atmos Energy during the fourth quarter valued at $274,000. MidFirst Bank acquired a new stake in shares of Atmos Energy during the fourth quarter worth $174,000. Finally, Pacer Advisors Inc. raised its holdings in shares of Atmos Energy by 41.8% during the fourth quarter. Pacer Advisors Inc. now owns 19,168 shares of the utilities provider’s stock worth $3,213,000 after purchasing an additional 5,648 shares during the period. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ATO. Barclays lifted their price target on shares of Atmos Energy from $167.00 to $184.00 and gave the company an “equal weight” rating in a report on Wednesday, April 8th. Truist Financial cut their target price on shares of Atmos Energy from $195.00 to $187.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Mizuho cut their target price on shares of Atmos Energy from $192.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday, May 29th. TD Cowen upped their target price on Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday, May 15th. Finally, Weiss Ratings lowered Atmos Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, June 2nd. One research analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $181.90.

Atmos Energy Stock Performance

Shares of ATO opened at $169.98 on Friday. The firm has a fifty day moving average of $178.50 and a 200-day moving average of $176.45. The company has a market cap 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. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 1.00. Atmos Energy Corporation has a 1 year low of $149.98 and a 1 year high of $192.51.

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

Atmos Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were paid a $1.00 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. Atmos Energy’s dividend payout ratio (DPR) is presently 49.14%.

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.