Private Management Group Inc. Boosts Stock Position in UGI Corporation $UGI

Private Management Group Inc. increased its holdings in shares of UGI Corporation (NYSE:UGI) by 10.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,057,888 shares of the utilities provider’s stock after purchasing an additional 103,470 shares during the quarter. Private Management Group Inc.’s holdings in UGI were worth $36,539,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Captrust Financial Advisors raised its position in UGI by 34,940.4% in the second quarter. Captrust Financial Advisors now owns 2,576,169 shares of the utilities provider’s stock valued at $93,824,000 after purchasing an additional 2,568,817 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in UGI during the 2nd quarter valued at $73,069,000. Russell Investments Group Ltd. lifted its holdings in UGI by 75.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,335,508 shares of the utilities provider’s stock worth $46,130,000 after buying an additional 575,239 shares in the last quarter. Legal & General Group Plc acquired a new stake in shares of UGI during the second quarter valued at about $12,408,000. Finally, Ancora Advisors LLC acquired a new position in shares of UGI in the 2nd quarter valued at approximately $11,308,000. Hedge funds and other 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.

Analyst Ratings Changes

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

Insiders Place Their Bets

In related news, insider Kathleen Shea-Ballay sold 25,360 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $33.62, for a total value of $852,603.20. Following the sale, the insider owned 25,360 shares of the company’s stock, valued at $852,603.20. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.57% of the stock is owned by corporate insiders.

UGI Price Performance

UGI stock opened at $38.12 on Friday. UGI Corporation has a 52 week low of $31.62 and a 52 week high of $41.34. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.22 and a current ratio of 1.44. The firm has a market cap of $8.18 billion, a P/E ratio of 12.75 and a beta of 0.93. The business’s fifty day moving average is $36.12 and its two-hundred day moving average is $36.12.

UGI (NYSE:UGI) last released its 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). 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 analyst estimates of $1.50 billion. Equities research analysts forecast 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. Investors of record on Tuesday, September 15th will be given a dividend of $0.375 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.50 annualized dividend and a dividend yield of 3.9%. UGI’s dividend payout ratio (DPR) is currently 50.17%.

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.