Banque Cantonale Vaudoise Purchases New Stake in Ultrapar Participacoes S.A. $UGP

Posted by George Bondi on May 23rd, 2026

Banque Cantonale Vaudoise acquired a new stake in Ultrapar Participacoes S.A. (NYSE:UGP – Free Report) during the fourth quarter, HoldingsChannel reports. The fund acquired 300,000 shares of the oil and gas company’s stock, valued at approximately $1,131,000.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in Ultrapar Participacoes by 117.4% in the third quarter. JPMorgan Chase & Co. now owns 4,084,186 shares of the oil and gas company’s stock valued at $16,745,000 after buying an additional 2,205,282 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Ultrapar Participacoes in the third quarter valued at about $14,639,000. UBS Group AG boosted its stake in shares of Ultrapar Participacoes by 131.9% during the third quarter. UBS Group AG now owns 2,890,033 shares of the oil and gas company’s stock valued at $11,849,000 after purchasing an additional 1,643,562 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Ultrapar Participacoes by 306.4% during the third quarter. Millennium Management LLC now owns 2,796,662 shares of the oil and gas company’s stock valued at $11,466,000 after purchasing an additional 2,108,543 shares in the last quarter. Finally, Kapitalo Investimentos Ltda boosted its stake in shares of Ultrapar Participacoes by 350.7% during the fourth quarter. Kapitalo Investimentos Ltda now owns 874,882 shares of the oil and gas company’s stock valued at $3,298,000 after purchasing an additional 680,782 shares in the last quarter. Institutional investors own 3.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. The Goldman Sachs Group lowered Ultrapar Participacoes from a “buy” rating to a “neutral” rating and set a $5.40 price target on the stock. in a research note on Thursday, February 5th. HSBC downgraded Ultrapar Participacoes from a “buy” rating to a “hold” rating and raised their price objective for the stock from $4.90 to $6.00 in a research report on Wednesday, April 8th. Weiss Ratings downgraded Ultrapar Participacoes from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. Jefferies Financial Group upgraded Ultrapar Participacoes from an “underperform” rating to a “hold” rating and lifted their target price for the stock from $3.10 to $5.60 in a report on Friday, March 13th. Finally, UBS Group began coverage on Ultrapar Participacoes in a report on Tuesday, April 28th. They issued a “buy” rating and a $7.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Ultrapar Participacoes currently has a consensus rating of “Moderate Buy” and a consensus price target of $6.00.

Get Our Latest Stock Analysis on UGP

Ultrapar Participacoes Stock Down 1.8%

Shares of NYSE:UGP opened at $5.69 on Friday. The stock has a market cap of $6.34 billion, a price-to-earnings ratio of 11.37, a PEG ratio of 1.08 and a beta of 0.77. The company has a quick ratio of 1.30, a current ratio of 1.67 and a debt-to-equity ratio of 0.89. Ultrapar Participacoes S.A. has a 12-month low of $2.80 and a 12-month high of $6.20. The business’s 50 day moving average is $5.66 and its 200 day moving average is $4.83.

Ultrapar Participacoes (NYSE:UGP – Get Free Report) last posted its quarterly earnings data on Saturday, February 14th. The oil and gas company reported $0.05 earnings per share for the quarter. Ultrapar Participacoes had a return on equity of 16.54% and a net margin of 2.04%.The business had revenue of $6.19 billion for the quarter. On average, sell-side analysts forecast that Ultrapar Participacoes S.A. will post 0.58 earnings per share for the current fiscal year.

Ultrapar Participacoes Profile

(Free Report)

Ultrapar Participações SA is a Brazilian diversified holding company operating in the downstream energy and chemical sectors. Its Ipiranga unit runs one of Brazil’s largest networks of fuel stations, supplying gasoline, ethanol, diesel and convenience-store products to retail and wholesale customers. Through Ultragaz, the company is a leading distributor of liquefied petroleum gas (LPG), offering cylinder and bulk gas solutions for residential, commercial and industrial use across urban and rural regions.

In the specialty chemicals arena, Ultrapar controls Oxiteno, which produces surfactants and specialty chemical formulations for industries such as personal care, oil and gas, agrochemicals and coatings.