292,482 Shares in UGI Corporation $UGI Acquired by Man Group plc

Man Group plc purchased a new position in UGI Corporation (NYSE:UGI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 292,482 shares of the utilities provider’s stock, valued at approximately $10,102,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of UGI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in UGI by 9.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 78,715 shares of the utilities provider’s stock worth $2,603,000 after acquiring an additional 6,649 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of UGI by 14.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 930,787 shares of the utilities provider’s stock valued at $30,781,000 after purchasing an additional 116,372 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of UGI by 17.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 785,327 shares of the utilities provider’s stock valued at $25,971,000 after purchasing an additional 115,409 shares during the last quarter. Focus Partners Wealth grew its holdings in shares of UGI by 92.6% during the 1st quarter. Focus Partners Wealth now owns 22,584 shares of the utilities provider’s stock valued at $747,000 after purchasing an additional 10,861 shares during the last quarter. Finally, Baird Financial Group Inc. increased its position in UGI by 15.6% during the 2nd quarter. Baird Financial Group Inc. now owns 28,359 shares of the utilities provider’s stock worth $1,033,000 after purchasing an additional 3,825 shares in the last quarter. Institutional investors and hedge funds own 82.34% of the company’s stock.

UGI Stock Performance

Shares of UGI stock opened at $38.12 on Friday. The stock has a market capitalization of $8.18 billion, a PE ratio of 12.75 and a beta of 0.93. The business’s 50 day simple moving average is $36.12 and its 200 day simple moving average is $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 Corporation has a one year low of $31.62 and a one year high of $41.34.

UGI (NYSE:UGI) last released its quarterly earnings results 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). The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.50 billion. UGI had a return on equity of 12.80% and a net margin of 9.20%. As a group, research analysts forecast that UGI Corporation will post 2.82 earnings per share for the current year.

UGI Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 15th. UGI’s dividend payout ratio is 50.17%.

Insider Activity at UGI

In related 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 transaction of $852,603.20. Following the transaction, the insider directly owned 25,360 shares of the company’s stock, valued at approximately $852,603.20. This represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.57% of the stock is currently owned by corporate insiders.

Key Stories Impacting 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

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

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.