Man Group plc Takes Position in UGI Corporation $UGI

Key Points

• Man Group acquired 292,482 UGI shares worth approximately $10.1 million, representing about 0.14% of the utility. Institutional investors collectively own 82.34% of UGI.
• UGI reported a quarterly loss of $0.20 per share, missing the $0.08 loss consensus, while revenue of $1.33 billion also fell short of the $1.50 billion estimate. Analysts’ average rating remains Hold, with a consensus price target of $42.
• UGI declared a quarterly dividend of $0.375, or $1.50 annually, providing a yield of approximately 3.9%. Speculation that KKR may pursue a roughly $9 billion acquisition offers potential upside, but no deal has been agreed.

Man Group plc acquired a new stake in shares of UGI Corporation (NYSE:UGI - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 292,482 shares of the utilities provider's stock, valued at approximately $10,102,000. Man Group plc owned approximately 0.14% of UGI at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. MSH Capital Advisors LLC acquired a new position in shares of UGI during the 2nd quarter worth about $1,961,000. Landscape Capital Management L.L.C. acquired a new position in UGI during the second quarter valued at approximately $1,949,000. PEAK6 LLC acquired a new position in shares of UGI during the 2nd quarter worth approximately $1,548,000. Bank of Nova Scotia acquired a new stake in shares of UGI in the 2nd quarter valued at approximately $10,515,000. Finally, Csenge Advisory Group bought a new position in shares of UGI in the second quarter valued at $1,014,000. Institutional investors own 82.34% of the company's stock.

Trending Headlines about UGI

Here are the key news stories impacting UGI this week:

• Positive Sentiment: KKR reportedly wants to acquire UGI for approximately $9 billion. A potential takeover at that valuation could provide upside support for UGI shareholders, although the report does not establish that a deal has been agreed or that negotiations will succeed. KKR Wants to Buy a Sleepy Utility for $9 Billion
• Positive Sentiment: Zacks Research modestly raised its Q1 2028 EPS forecast to $1.25 from $1.24 and its Q2 2028 forecast to $2.71 from $2.64. These increases suggest some improvement in longer-term quarterly expectations, despite the firm’s overall bearish rating.
• Neutral Sentiment: UGI is beginning natural-gas main replacement work in Pittston and system upgrades affecting parts of Lancaster City and Lancaster Township. The projects may improve reliability and support the regulated utility’s infrastructure base over time, but they will also cause temporary construction disruptions and do not represent an immediate earnings catalyst. UGI to begin natural gas main replacement in Pittston UGI system upgrades in Lancaster
• Negative Sentiment: Zacks cut its FY2026 EPS estimate to $2.83 from $2.89, FY2027 to $3.23 from $3.30, FY2028 to $3.50 from $3.53, and Q2 2027 to $2.53 from $2.54. The FY2026 forecast is also below the $2.85 consensus estimate, reinforcing concerns about earnings momentum and weighing against the potential takeover speculation.

Wall Street Analyst Weigh In

A number of analysts have commented on UGI shares. Wall Street Zen upgraded shares of UGI from a "sell" rating to a "hold" rating in a research note on Saturday. Wells Fargo & Company dropped their target price on shares of UGI from $45.00 to $42.00 and set an "overweight" rating on the stock in a report on Friday, August 7th. Zacks Research downgraded shares of UGI from a "hold" rating to a "strong sell" rating in a research note on Monday, July 13th. Finally, Weiss Ratings cut UGI from a "buy (b)" rating to a "hold (c+)" rating in a report on Tuesday, August 11th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $42.00.

Insiders Place Their Bets

In other news, insider Kathleen Shea-Ballay sold 25,360 shares of the company's stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $33.62, for a total value of $852,603.20. Following the transaction, the insider owned 25,360 shares of the company's stock, valued at approximately $852,603.20. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.57% of the stock is currently owned by corporate insiders.

UGI Trading Down 0.3%

UGI stock opened at $38.12 on Friday. UGI Corporation has a one year low of $31.62 and a one year high of $41.34. The stock has a market cap of $8.18 billion, a price-to-earnings ratio of 12.75 and a beta of 0.93. The company has a fifty day moving average price of $36.12 and a two-hundred day moving average price of $36.12. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.44 and a quick ratio of 1.22.

UGI (NYSE:UGI - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.50 billion. UGI had a net margin of 9.20% and a return on equity of 12.80%. Equities analysts anticipate that UGI Corporation will post 2.82 EPS for the current year.

UGI Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 15th. UGI's dividend payout ratio is currently 50.17%.

UGI Profile

UGI Corporation NYSE: UGI is a publicly traded energy distribution company headquartered in King of Prussia, Pennsylvania. Founded in 1882 as the United Gas Improvement Company, UGI has grown into a diversified provider of energy products and services. The company's operations are organized into three primary segments—AmeriGas Propane, UGI Utilities and UGI International—each focused on the delivery of propane, natural gas and related services to residential, commercial and industrial customers.

AmeriGas Propane, UGI's largest segment, is the leading retail propane distributor in the United States with a network of dealers serving customers in all 50 states.

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