Hennessy Advisors Inc. Sells 232,200 Shares of UGI Corporation $UGI

Hennessy Advisors Inc. lessened its holdings in UGI Corporation (NYSE:UGI) by 67.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 113,952 shares of the utilities provider’s stock after selling 232,200 shares during the period. Hennessy Advisors Inc.’s holdings in UGI were worth $3,936,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Fifth Third Wealth Advisors LLC grew its position in UGI by 4.1% during the first quarter. Fifth Third Wealth Advisors LLC now owns 7,733 shares of the utilities provider’s stock worth $282,000 after buying an additional 303 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of UGI by 45.6% in the 2nd quarter. Versant Capital Management Inc now owns 1,268 shares of the utilities provider’s stock valued at $44,000 after acquiring an additional 397 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of UGI by 4.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 9,842 shares of the utilities provider’s stock valued at $368,000 after acquiring an additional 456 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of UGI by 17.0% during the 4th quarter. Parallel Advisors LLC now owns 4,992 shares of the utilities provider’s stock valued at $187,000 after acquiring an additional 724 shares during the last quarter. Finally, Chase Investment Counsel Corp boosted its position 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 valued at $1,024,000 after acquiring an additional 993 shares during the last quarter. Institutional investors own 82.34% of the company’s stock.

UGI Price Performance

Shares of UGI stock opened at $38.12 on Monday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.22 and a current ratio of 1.44. UGI Corporation has a 52-week low of $31.62 and a 52-week high of $41.34. The company has a fifty day moving average of $36.12 and a 200-day moving average of $36.12. The stock has a market capitalization of $8.18 billion, a price-to-earnings ratio of 12.75 and a beta of 0.93.

UGI (NYSE:UGI) last issued its earnings results on Thursday, August 6th. The utilities provider reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.12). The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.50 billion. UGI had a return on equity of 12.80% and a net margin of 9.20%. Equities research analysts expect that UGI Corporation will post 2.82 EPS 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 issued a $0.375 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.50 annualized dividend and a dividend yield of 3.9%. UGI’s payout ratio is currently 50.17%.

Insider Buying and Selling at UGI

In other news, insider Kathleen Shea-Ballay sold 25,360 shares of the business’s 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 completion of the sale, the insider owned 25,360 shares of the company’s stock, valued at approximately $852,603.20. The trade was a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.57% of the company’s stock.

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 Analysts Forecast Growth

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