Deutsche Bank AG Invests $4.21 Million in Chesapeake Utilities Corporation $CPK

Key Points

• Deutsche Bank initiated a Chesapeake Utilities position worth approximately $4.21 million, purchasing 34,341 shares and owning about 0.14% of the company. Institutional investors collectively hold 83.11% of CPK’s outstanding stock.
• Chesapeake Utilities reported quarterly revenue of $201.9 million, up 4.7% year over year, but adjusted earnings of $1.05 per share fell short of the $1.07 consensus estimate. The company issued fiscal 2026 EPS guidance of $7.75–$8.00.
• The company declared a quarterly dividend of $0.735 per share, equating to an annualized $2.94 payout and a 2.2% yield. Analyst sentiment remains mixed, with an overall “Hold” rating and a consensus price target of $138.

Deutsche Bank AG bought a new position in shares of Chesapeake Utilities Corporation (NYSE:CPK - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 34,341 shares of the utilities provider's stock, valued at approximately $4,206,000. Deutsche Bank AG owned about 0.14% of Chesapeake Utilities as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of CPK. Geneos Wealth Management Inc. grew its stake in Chesapeake Utilities by 292.9% during the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the utilities provider's stock worth $28,000 after purchasing an additional 164 shares during the period. EverSource Wealth Advisors LLC lifted its stake in Chesapeake Utilities by 94.7% in the second quarter. EverSource Wealth Advisors LLC now owns 222 shares of the utilities provider's stock valued at $27,000 after buying an additional 108 shares during the period. CIBC Private Wealth Group LLC lifted its stake in Chesapeake Utilities by 66.1% in the third quarter. CIBC Private Wealth Group LLC now owns 274 shares of the utilities provider's stock valued at $37,000 after buying an additional 109 shares during the period. Entrust Financial LLC bought a new position in shares of Chesapeake Utilities during the 4th quarter worth approximately $37,000. Finally, Versant Capital Management Inc boosted its holdings in shares of Chesapeake Utilities by 38.8% during the 2nd quarter. Versant Capital Management Inc now owns 304 shares of the utilities provider's stock worth $37,000 after buying an additional 85 shares in the last quarter. Institutional investors and hedge funds own 83.11% of the company's stock.

Chesapeake Utilities Trading Up 0.1%

NYSE:CPK opened at $135.34 on Wednesday. Chesapeake Utilities Corporation has a 52 week low of $118.88 and a 52 week high of $140.83. The firm has a 50-day moving average price of $130.41 and a two-hundred day moving average price of $128.93. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.28 and a current ratio of 0.32. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of 21.59 and a beta of 0.68.

Chesapeake Utilities (NYSE:CPK - Get Free Report) last released its earnings results on Thursday, August 6th. The utilities provider reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.02). Chesapeake Utilities had a net margin of 15.12% and a return on equity of 9.34%. The business had revenue of $201.90 million during the quarter, compared to the consensus estimate of $198.91 million. During the same period in the prior year, the company earned $1.04 earnings per share. The business's revenue was up 4.7% on a year-over-year basis. Chesapeake Utilities has set its FY 2026 guidance at 7.750-8.000 EPS. On average, equities analysts expect that Chesapeake Utilities Corporation will post 6.42 earnings per share for the current fiscal year.

Chesapeake Utilities Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Monday, September 14th will be given a dividend of $0.735 per share. This represents a $2.94 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, September 14th. Chesapeake Utilities's dividend payout ratio is currently 46.89%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CPK. Weiss Ratings upgraded shares of Chesapeake Utilities from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, July 10th. Wall Street Zen cut shares of Chesapeake Utilities from a "hold" rating to a "sell" rating in a report on Saturday, August 1st. Finally, Wells Fargo & Company lifted their price target on shares of Chesapeake Utilities from $132.00 to $134.00 and gave the company an "equal weight" rating in a research note on Monday, August 10th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $138.00.

About Chesapeake Utilities

Chesapeake Utilities Corporation NYSE: CPK is a diversified energy services holding company headquartered in Dover, Delaware. Through its operating subsidiaries, the company engages in natural gas distribution, transmission and storage; propane distribution; wholesale propane supply; and contract compression and natural gas liquids processing. Its core mission is to provide safe, reliable and cost-effective energy solutions to residential, commercial and industrial customers across multiple U.S.

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