Scotiabank Comments on UGI's FY2026 Earnings (NYSE:UGI)

Key Points

• Scotiabank maintained a “Strong Buy” view on UGI and expects fiscal 2026 earnings of $2.81 per share, matching consensus, followed by $3.22 per share in fiscal 2027.
• Analyst sentiment is generally positive, with UGI carrying a consensus “Moderate Buy” rating and an average price target of $45.80, compared with its recent price of $37.17.
• UGI pays a quarterly dividend of $0.375, or $1.50 annually, yielding approximately 4.0%; institutional investors own 82.34% of the company.

UGI Corporation (NYSE:UGI - Free Report) - Scotiabank issued their FY2026 earnings per share estimates for UGI in a note issued to investors on Thursday, October 1st. Scotiabank analyst I. Rapp expects that the utilities provider will earn $2.81 per share for the year. Scotiabank currently has a "Strong-Buy" rating on the stock. The consensus estimate for UGI's current full-year earnings is $2.81 per share. Scotiabank also issued estimates for UGI's FY2027 earnings at $3.22 EPS.

Several other equities analysts also recently commented on the stock. Wall Street Zen upgraded shares of UGI from a "sell" rating to a "hold" rating in a research note on Saturday, August 29th. Huntington initiated coverage on shares of UGI in a research note on Monday, September 14th. They issued an "outperform" rating and a $54.00 price objective for the company. Weiss Ratings downgraded shares of UGI from a "buy (b)" rating to a "hold (c+)" rating in a report on Tuesday, August 11th. Zacks Research lowered shares of UGI from a "hold" rating to a "strong sell" rating in a research report on Monday, July 13th. Finally, Jefferies Financial Group raised shares of UGI from a "hold" rating to a "buy" rating and raised their target price for the stock from $40.00 to $43.00 in a report on Wednesday, September 9th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $45.80.

UGI Stock Down 0.1%

UGI stock opened at $37.17 on Monday. UGI has a fifty-two week low of $31.62 and a fifty-two week high of $41.34. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.44 and a quick ratio of 1.22. The stock has a market capitalization of $7.97 billion, a price-to-earnings ratio of 12.43 and a beta of 0.93. The business's fifty day moving average price is $36.99 and its two-hundred day moving average price is $36.11.

UGI (NYSE:UGI - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.12). The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.50 billion. UGI had a return on equity of 12.80% and a net margin of 9.20%.

UGI Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th were given a $0.3750 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Tuesday, September 15th. UGI's payout ratio is currently 50.17%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Captrust Financial Advisors grew its holdings in shares of UGI by 11.4% during the 4th quarter. Captrust Financial Advisors now owns 3,191,444 shares of the utilities provider's stock valued at $119,456,000 after purchasing an additional 327,511 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in UGI in the second quarter valued at approximately $73,069,000. Russell Investments Group Ltd. boosted its position in UGI by 75.7% in the second quarter. Russell Investments Group Ltd. now owns 1,335,508 shares of the utilities provider's stock valued at $46,130,000 after buying an additional 575,239 shares in the last quarter. Energy Income Partners LLC grew its stake in shares of UGI by 1.5% during the second quarter. Energy Income Partners LLC now owns 1,302,403 shares of the utilities provider's stock worth $44,985,000 after buying an additional 18,808 shares during the last quarter. Finally, Private Management Group Inc. grew its stake in shares of UGI by 10.8% during the second quarter. Private Management Group Inc. now owns 1,057,888 shares of the utilities provider's stock worth $36,539,000 after buying an additional 103,470 shares during the last quarter. Institutional investors own 82.34% of the company's stock.

About UGI

UGI Corporation is a diversified energy company headquartered in King of Prussia, Pennsylvania. Through its subsidiaries, the company distributes and markets natural gas, propane, electricity and related energy products to residential, commercial, industrial and institutional customers.

UGI Utilities operates regulated natural gas and electric distribution businesses in Pennsylvania and provides natural gas, electric and related services to customers in the region. The company also owns AmeriGas, one of the largest retail propane distributors in the United States, serving households, businesses, agricultural customers and other end users through a nationwide distribution network.

UGI has additional energy operations in Europe through its international LPG businesses and participates in energy marketing, midstream and related activities.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.