Ultrapar Participacoes (NYSE:UGP) Stock Price Expected to Rise, Bank of America Analyst Says

Posted by George Bondi on Jun 30th, 2026

Ultrapar Participacoes (NYSE:UGP – Get Free Report) had its price objective hoisted by equities research analysts at Bank of America from $6.30 to $6.80 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the oil and gas company’s stock. Bank of America‘s price target suggests a potential upside of 35.59% from the company’s current price.

Other equities analysts have also issued reports about the company. Jefferies Financial Group upgraded Ultrapar Participacoes from an “underperform” rating to a “hold” rating and raised their target price for the company from $3.10 to $5.60 in a report on Friday, March 13th. Wall Street Zen upgraded Ultrapar Participacoes from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. UBS Group increased their price objective on Ultrapar Participacoes from $7.00 to $7.20 and gave the company a “buy” rating in a report on Wednesday, June 17th. HSBC downgraded Ultrapar Participacoes from a “buy” rating to a “hold” rating and raised their price objective for the company from $4.90 to $6.00 in a research note on Wednesday, April 8th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Ultrapar Participacoes in a report on Monday, June 8th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ultrapar Participacoes presently has an average rating of “Moderate Buy” and an average price target of $6.20.

View Our Latest Stock Analysis on Ultrapar Participacoes

Ultrapar Participacoes Stock Down 0.9%

Shares of UGP traded down $0.04 during mid-day trading on Tuesday, hitting $5.01. 1,092,171 shares of the company’s stock were exchanged, compared to its average volume of 2,721,943. The stock has a market cap of $5.59 billion, a price-to-earnings ratio of 10.03, a P/E/G ratio of 0.98 and a beta of 0.71. The firm has a fifty day moving average of $5.41 and a two-hundred day moving average of $4.99. 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 has a twelve month low of $2.80 and a twelve month high of $6.20.

Ultrapar Participacoes (NYSE:UGP – Get Free Report) last released its quarterly earnings data on Saturday, February 14th. The oil and gas company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $6.19 billion during the quarter. Ultrapar Participacoes had a net margin of 2.04% and a return on equity of 16.54%. On average, sell-side analysts forecast that Ultrapar Participacoes will post 0.55 earnings per share for the current year.

Hedge Funds Weigh In On Ultrapar Participacoes

Institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. boosted its stake in Ultrapar Participacoes by 98.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,214,612 shares of the oil and gas company’s stock valued at $15,889,000 after purchasing an additional 2,087,852 shares during the period. JPMorgan Chase & Co. increased its position in Ultrapar Participacoes by 117.4% during the third quarter. JPMorgan Chase & Co. now owns 4,084,186 shares of the oil and gas company’s stock worth $16,745,000 after acquiring an additional 2,205,282 shares during the period. Renaissance Technologies LLC raised its stake in Ultrapar Participacoes by 10.6% during the 1st quarter. Renaissance Technologies LLC now owns 3,740,700 shares of the oil and gas company’s stock valued at $20,611,000 after purchasing an additional 357,922 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in Ultrapar Participacoes during the 3rd quarter valued at $14,639,000. Finally, UBS Group AG boosted its holdings in Ultrapar Participacoes by 131.9% in the 3rd 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 during the period. 3.58% of the stock is currently owned by institutional investors.

About Ultrapar Participacoes

(Get 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.