UGI (NYSE:UGI) Sees Strong Trading Volume – Here’s What Happened

UGI Corporation (NYSE:UGI) saw an uptick in trading volume on Monday . 1,595,857 shares traded hands during mid-day trading, a decline of 18% from the previous session’s volume of 1,950,974 shares.The stock last traded at $37.5970 and had previously closed at $37.61.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Zacks Research upgraded shares of UGI to a “hold” rating in a report on Monday, August 11th. Jefferies Financial Group reissued a “buy” rating and set a $45.00 target price on shares of UGI in a research report on Wednesday, November 19th. Wall Street Zen lowered shares of UGI from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of UGI in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $42.00.

UGI Trading Up 0.7%

The firm’s 50-day moving average price is $33.60 and its 200-day moving average price is $34.85. The company has a market cap of $8.37 billion, a P/E ratio of 20.54 and a beta of 1.06. The company has a quick ratio of 0.56, a current ratio of 0.70 and a debt-to-equity ratio of 1.16.

UGI (NYSE:UGI) last released its quarterly earnings data on Thursday, November 20th. The utilities provider reported ($0.23) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.21. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.52 billion. UGI had a net margin of 5.70% and a return on equity of 15.73%. UGI’s revenue was down 3.6% compared to the same quarter last year. During the same period in the previous year, the business earned ($1.27) EPS. UGI has set its FY 2026 guidance at 2.900-3.15 EPS. As a group, equities research analysts expect that UGI Corporation will post 3.02 earnings per share for the current fiscal year.

UGI Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 1st. Shareholders of record on Monday, December 15th will be paid a $0.375 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.50 annualized dividend and a yield of 3.8%. UGI’s dividend payout ratio (DPR) is currently 48.23%.

Institutional Investors Weigh In On UGI

Institutional investors and hedge funds have recently modified their holdings of the company. Northern Trust Corp grew its stake in UGI by 2.9% during the first quarter. Northern Trust Corp now owns 4,120,082 shares of the utilities provider’s stock valued at $136,251,000 after acquiring an additional 117,663 shares in the last quarter. LSV Asset Management grew its position in shares of UGI by 6.6% during the 1st quarter. LSV Asset Management now owns 4,037,604 shares of the utilities provider’s stock valued at $133,524,000 after purchasing an additional 251,311 shares in the last quarter. Neuberger Berman Group LLC increased its holdings in shares of UGI by 91.5% in the first quarter. Neuberger Berman Group LLC now owns 2,987,818 shares of the utilities provider’s stock worth $98,807,000 after purchasing an additional 1,427,553 shares during the period. Captrust Financial Advisors increased its holdings in shares of UGI by 11.2% in the third quarter. Captrust Financial Advisors now owns 2,863,933 shares of the utilities provider’s stock worth $95,254,000 after purchasing an additional 287,764 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of UGI by 11.8% in the first quarter. Ameriprise Financial Inc. now owns 2,644,716 shares of the utilities provider’s stock worth $87,472,000 after buying an additional 278,616 shares in the last quarter. 82.34% of the stock is owned by hedge funds and other institutional investors.

About UGI

UGI Corporation, together with its subsidiaries, distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,400 propane distribution locations.