161,176 Shares in Chesapeake Utilities Corporation $CPK Bought by Jupiter Topco LLC

Jupiter Topco LLC purchased a new position in shares of Chesapeake Utilities Corporation (NYSE:CPK) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 161,176 shares of the utilities provider’s stock, valued at approximately $19,744,000. Jupiter Topco LLC owned 0.67% of Chesapeake Utilities as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in Chesapeake Utilities by 8.0% in the 1st quarter. Royal Bank of Canada now owns 28,886 shares of the utilities provider’s stock worth $3,710,000 after buying an additional 2,139 shares during the period. AQR Capital Management LLC lifted its stake in Chesapeake Utilities by 69.6% during the 1st quarter. AQR Capital Management LLC now owns 6,283 shares of the utilities provider’s stock valued at $807,000 after acquiring an additional 2,579 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Chesapeake Utilities by 6.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,452 shares of the utilities provider’s stock valued at $1,728,000 after acquiring an additional 870 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Chesapeake Utilities by 3.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 79,096 shares of the utilities provider’s stock valued at $10,158,000 after acquiring an additional 2,312 shares during the last quarter. Finally, Jane Street Group LLC increased its stake in shares of Chesapeake Utilities by 1,714.7% in the first quarter. Jane Street Group LLC now owns 47,328 shares of the utilities provider’s stock worth $6,078,000 after acquiring an additional 44,720 shares during the period. Hedge funds and other institutional investors own 83.11% of the company’s stock.

Chesapeake Utilities Price Performance

Shares of NYSE CPK opened at $132.51 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.28 and a current ratio of 0.32. The firm has a fifty day moving average of $131.18 and a 200 day moving average of $129.00. The firm has a market cap of $3.19 billion, a PE ratio of 21.13 and a beta of 0.68. Chesapeake Utilities Corporation has a one year low of $118.88 and a one year high of $140.83.

Chesapeake Utilities (NYSE:CPK) last released its earnings results on Thursday, August 6th. The utilities provider reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.02). The firm had revenue of $201.90 million during the quarter, compared to analysts’ expectations of $198.91 million. Chesapeake Utilities had a net margin of 15.12% and a return on equity of 9.34%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.04 EPS. Chesapeake Utilities has set its FY 2026 guidance at 7.750-8.000 EPS. As a group, research analysts predict that Chesapeake Utilities Corporation will post 6.42 EPS for the current fiscal year.

Chesapeake Utilities Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Monday, September 14th will be paid a $0.735 dividend. This represents a $2.94 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, September 14th. Chesapeake Utilities’s dividend payout ratio is 46.89%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Chesapeake Utilities from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Wells Fargo & Company lifted their price objective on Chesapeake Utilities from $132.00 to $134.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Finally, Weiss Ratings raised Chesapeake Utilities from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $138.00.

Chesapeake Utilities Profile

Chesapeake Utilities Corporation (NYSE: CPK) is a diversified energy services holding company headquartered in Dover, Delaware. Through its operating subsidiaries, the company engages in natural gas distribution, transmission and storage; propane distribution; wholesale propane supply; and contract compression and natural gas liquids processing. Its core mission is to provide safe, reliable and cost-effective energy solutions to residential, commercial and industrial customers across multiple U.S.