UGI Corporation $UGI Shares Bought by Private Management Group Inc.

Key Points

• Private Management Group increased its UGI stake by 10.8% in the second quarter, holding 1.06 million shares valued at approximately $36.5 million. Institutional investors collectively own 82.34% of the company.
• UGI reported quarterly revenue of $1.33 billion and an adjusted loss of $0.20 per share, missing analyst expectations of $1.50 billion in revenue and a $0.08 loss per share.
• The company declared a quarterly dividend of $0.375 per share, equivalent to $1.50 annually and a 3.9% yield. Analysts have a mixed outlook, with UGI carrying a consensus “Hold” rating and an average price target of $42.

Private Management Group Inc. grew its holdings in UGI Corporation (NYSE:UGI - Free Report) by 10.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,057,888 shares of the utilities provider's stock after buying an additional 103,470 shares during the period. Private Management Group Inc. owned 0.49% of UGI worth $36,539,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Fifth Third Wealth Advisors LLC lifted its stake in UGI by 4.1% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 7,733 shares of the utilities provider's stock worth $282,000 after purchasing an additional 303 shares in the last quarter. Versant Capital Management Inc lifted its position in UGI by 45.6% during the second quarter. Versant Capital Management Inc now owns 1,268 shares of the utilities provider's stock worth $44,000 after buying an additional 397 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in UGI by 4.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 9,842 shares of the utilities provider's stock worth $368,000 after buying an additional 456 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of UGI by 17.0% in the 4th quarter. Parallel Advisors LLC now owns 4,992 shares of the utilities provider's stock worth $187,000 after acquiring an additional 724 shares during the last quarter. Finally, Chase Investment Counsel Corp raised its holdings in shares of UGI by 3.5% during the 2nd quarter. Chase Investment Counsel Corp now owns 29,656 shares of the utilities provider's stock worth $1,024,000 after acquiring an additional 993 shares during the period. Hedge funds and other institutional investors own 82.34% of the company's stock.

UGI Stock Down 0.3%

UGI stock opened at $38.12 on Friday. The stock's fifty day simple moving average is $36.12 and its 200-day simple moving average is $36.12. The company has a current ratio of 1.44, a quick ratio of 1.22 and a debt-to-equity ratio of 1.28. UGI Corporation has a twelve month low of $31.62 and a twelve month high of $41.34. The firm has a market capitalization of $8.18 billion, a P/E ratio of 12.75 and a beta of 0.93.

UGI (NYSE:UGI - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The utilities provider reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.12). UGI had a net margin of 9.20% and a return on equity of 12.80%. The company had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.50 billion. As a group, equities analysts expect that UGI Corporation will post 2.82 earnings per share for the current fiscal year.

UGI Dividend Announcement

The company 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 dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 3.9%. The ex-dividend date is Tuesday, September 15th. UGI's payout ratio is 50.17%.

UGI News Roundup

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.

Insider Activity at UGI

In other news, insider Kathleen Shea-Ballay sold 25,360 shares of the stock in a transaction dated 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 in the company, valued at approximately $852,603.20. This represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.57% of the company's stock.

Analyst Upgrades and Downgrades

UGI has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of UGI from a "sell" rating to a "hold" rating in a report on Saturday. Zacks Research downgraded UGI from a "hold" rating to a "strong sell" rating in a research report on Monday, July 13th. Wells Fargo & Company lowered their price target on UGI from $45.00 to $42.00 and set an "overweight" rating for the company in a report on Friday, August 7th. Finally, Weiss Ratings lowered shares of UGI from a "buy (b)" rating to a "hold (c+)" rating in a report on Tuesday, August 11th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $42.00.

UGI Company 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.

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.

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