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

Key Points

• HSBC Holdings reduced its Atmos Energy position by 13.8% in the second quarter, selling 107,341 shares and retaining 672,843 shares worth approximately $115.98 million. Institutional investors collectively own 90.17% of the company.
• Atmos Energy reported quarterly EPS of $1.43, exceeding analyst expectations of $1.35, while revenue of $879.06 million fell short of estimates. The company maintained fiscal 2026 EPS guidance of $8.40–$8.50.
• The company declared a quarterly dividend of $1.00 per share, equivalent to a $4.00 annualized payout and a 2.4% yield. Analysts have a consensus “Hold” rating and an average price target of $187.73, compared with the stock’s $167.58 opening price.

Hsbc Holdings PLC decreased its position in Atmos Energy Corporation (NYSE:ATO - Free Report) by 13.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 672,843 shares of the utilities provider's stock after selling 107,341 shares during the period. Hsbc Holdings PLC owned approximately 0.40% of Atmos Energy worth $115,985,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ATO. Compound Planning Inc. grew its stake in Atmos Energy by 3.6% in the fourth quarter. Compound Planning Inc. now owns 1,654 shares of the utilities provider's stock valued at $277,000 after acquiring an additional 58 shares during the period. MGO One Seven LLC lifted its holdings in shares of Atmos Energy by 4.3% during the 4th quarter. MGO One Seven LLC now owns 1,514 shares of the utilities provider's stock valued at $254,000 after purchasing an additional 62 shares in the last quarter. Wealthfront Advisers LLC increased its stake in Atmos Energy by 0.8% during the 1st quarter. Wealthfront Advisers LLC now owns 8,153 shares of the utilities provider's stock worth $1,506,000 after purchasing an additional 65 shares in the last quarter. Root Financial Partners LLC raised its holdings in Atmos Energy by 39.1% during the 1st quarter. Root Financial Partners LLC now owns 235 shares of the utilities provider's stock worth $43,000 after buying an additional 66 shares during the period. Finally, Versant Capital Management Inc lifted its stake in Atmos Energy by 6.3% in the second quarter. Versant Capital Management Inc now owns 1,119 shares of the utilities provider's stock valued at $193,000 after buying an additional 66 shares in the last quarter. Institutional investors own 90.17% of the company's stock.

Atmos Energy Trading Down 0.1%

Atmos Energy stock opened at $167.58 on Wednesday. The company has a market cap of $28.32 billion, a price-to-earnings ratio of 19.93, a P/E/G ratio of 2.91 and a beta of 0.60. The firm has a 50-day moving average of $173.50 and a 200-day moving average of $178.31. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.81 and a quick ratio of 0.73. Atmos Energy Corporation has a one year low of $160.10 and a one year high of $192.51.

Atmos Energy (NYSE:ATO - Get Free Report) last released its earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.08. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%.The business had revenue of $879.06 million for the quarter, compared to analyst estimates of $900.82 million. During the same quarter in the prior year, the company posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. On average, equities analysts expect that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal year.

Atmos Energy Dividend Announcement

The company also recently announced 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 dividend yield of 2.4%. Atmos Energy's dividend payout ratio (DPR) is currently 47.56%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Citigroup increased their price objective on shares of Atmos Energy from $182.00 to $191.00 and gave the stock a "neutral" rating in a research report on Friday, May 8th. JPMorgan Chase & Co. increased their target price on Atmos Energy from $196.00 to $198.00 and gave the stock an "overweight" rating in a report on Tuesday, July 14th. Argus cut their price target on Atmos Energy from $190.00 to $185.00 and set a "buy" rating on the stock in a report on Thursday, July 2nd. Mizuho reduced their price objective on Atmos Energy from $192.00 to $184.00 and set a "neutral" rating for the company in a research report on Friday, May 29th. Finally, Wells Fargo & Company started coverage on Atmos Energy in a research report on Monday, July 13th. They issued an "overweight" rating and a $200.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Atmos Energy currently has a consensus rating of "Hold" and an average target price of $187.73.

Insider Buying and Selling at Atmos Energy

In other news, Director William James Ware bought 300 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of $167.59 per share, for a total transaction of $50,277.00. Following the completion of the acquisition, the director owned 488 shares in the company, valued at approximately $81,783.92. This represents a 159.57% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.43% of the company's stock.

Atmos Energy 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.

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