UGI (NYSE:UGI) Posts Quarterly Earnings Results, Beats Estimates By $0.21 EPS

UGI (NYSE:UGI) posted its earnings results on Thursday. The utilities provider reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.44) by $0.21, Zacks reports. UGI had a net margin of 5.70% and a return on equity of 15.73%. UGI updated its FY 2026 guidance to 2.900-3.15 EPS.

UGI Price Performance

UGI stock traded up $0.30 during trading on Thursday, hitting $35.14. The stock had a trading volume of 3,106,014 shares, compared to its average volume of 1,944,315. UGI has a twelve month low of $24.23 and a twelve month high of $37.42. The company’s 50-day moving average price is $33.34 and its two-hundred day moving average price is $34.75. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.70 and a quick ratio of 0.56. The stock has a market capitalization of $7.55 billion, a P/E ratio of 18.49 and a beta of 1.06.

Institutional Trading of UGI

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of UGI in a research note on Wednesday, October 8th. Zacks Research upgraded UGI to a “hold” rating in a research report on Monday, August 11th. Wall Street Zen raised UGI from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $45.00 target price on shares of UGI in a research note on Wednesday. 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 currently has an average rating of “Moderate Buy” and an average price target of $42.00.

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.