Wells Fargo & Company Lowers UGI (NYSE:UGI) Price Target to $42.00

Key Points

• Wells Fargo lowered UGI’s price target from $45 to $42 while maintaining an “overweight” rating, implying roughly 21% upside from the stock’s reported $34.67 price.
• Analyst sentiment remains generally positive, with a “Moderate Buy” consensus and an average price target of $42, although Jefferies also cut its target and Zacks downgraded the stock to “strong sell.”
• UGI reported a wider-than-expected quarterly adjusted loss of $0.20 per share and revenue of $1.33 billion, pressured by weaker propane volumes, but reaffirmed fiscal 2026 EPS guidance of $2.75-$2.90.

UGI (NYSE:UGI - Get Free Report) had its price objective cut by analysts at Wells Fargo & Company from $45.00 to $42.00 in a research note issued on Friday,Benzinga reports. The firm currently has an "overweight" rating on the utilities provider's stock. Wells Fargo & Company's price objective indicates a potential upside of 21.15% from the stock's current price.

A number of other research analysts also recently issued reports on UGI. Jefferies Financial Group restated a "hold" rating and set a $40.00 price target (down from $45.00) on shares of UGI in a report on Thursday, April 30th. Weiss Ratings upgraded UGI from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, June 12th. Finally, Zacks Research cut UGI from a "hold" rating to a "strong sell" rating in a research note on Monday, July 13th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $42.00.

UGI Trading Up 1.1%

Shares of NYSE UGI traded up $0.39 during mid-day trading on Friday, hitting $34.67. The stock had a trading volume of 230,841 shares, compared to its average volume of 1,806,051. The business has a 50 day moving average price of $35.36 and a two-hundred day moving average price of $36.37. UGI has a 1 year low of $31.62 and a 1 year high of $41.34. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.87 and a current ratio of 1.00. The firm has a market cap of $7.43 billion, a P/E ratio of 11.58 and a beta of 0.93.

UGI (NYSE:UGI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The utilities provider reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.12). The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.50 billion. UGI had a return on equity of 12.89% and a net margin of 9.20%.UGI has set its FY 2026 guidance at 2.750-2.900 EPS. On average, equities analysts anticipate that UGI will post 2.87 EPS for the current fiscal year.

Insider Buying and Selling at UGI

In related news, insider Kathleen Shea-Ballay sold 25,360 shares of the company's stock in a transaction 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 sale, the insider directly owned 25,360 shares of the company's stock, valued at $852,603.20. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.57% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On UGI

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Persistent Asset Partners Ltd purchased a new stake in shares of UGI in the 2nd quarter worth approximately $71,000. Chase Investment Counsel Corp increased its holdings in shares of UGI by 3.5% during the second quarter. Chase Investment Counsel Corp now owns 29,656 shares of the utilities provider's stock valued at $1,024,000 after acquiring an additional 993 shares in the last quarter. Global Retirement Partners LLC purchased a new position in shares of UGI in the 2nd quarter worth about $318,000. Focus Partners Advisor Solutions LLC bought a new position in UGI in the 2nd quarter worth about $300,000. Finally, State of Wyoming bought a new position in UGI in the 2nd quarter worth about $71,000. Institutional investors own 82.34% of the company's stock.

More UGI News

Here are the key news stories impacting UGI this week:

• Positive Sentiment: UGI reaffirmed fiscal 2026 adjusted EPS guidance of $2.75 to $2.90, broadly in line with the analyst consensus of $2.82. Maintaining the outlook despite weaker quarterly operating results may support confidence in the company’s earnings recovery. UGI outlines Pennsylvania rate settlement and reaffirms guidance
• Positive Sentiment: The company outlined a $65 million Pennsylvania rate settlement, providing greater regulatory clarity and potentially improving the earnings profile of its utility operations. Pennsylvania rate settlement article
• Positive Sentiment: UGI declared a quarterly dividend of $0.375 per share, equivalent to an annualized yield of approximately 4.4%, reinforcing the stock’s income appeal. The dividend is payable October 1 to shareholders of record September 15.
• Negative Sentiment: Fiscal third-quarter adjusted EPS was a $0.20 loss, compared with a $0.01 loss a year earlier. GAAP EPS was a $0.62 loss. While one data provider characterized the result as better than its estimate, the reported adjusted loss missed the broader consensus cited by other sources. UGI Reports Third Quarter Results
• Negative Sentiment: Revenue fell to approximately $1.33 billion, below estimates of roughly $1.50 billion to $1.55 billion. Management attributed the shortfall primarily to weaker propane volumes across key LPG operations, raising concerns about near-term demand and segment profitability. UGI Q3 earnings and revenue article

About UGI

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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