Y Intercept Hong Kong Ltd Acquires Shares of 6,524 Chesapeake Utilities Corporation $CPK

Posted by Geri Gentry on Jul 13th, 2026

Y Intercept Hong Kong Ltd acquired a new position in Chesapeake Utilities Corporation (NYSE:CPK – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,524 shares of the utilities provider’s stock, valued at approximately $824,000.

Several other large investors also recently made changes to their positions in CPK. EverSource Wealth Advisors LLC increased its stake in shares of Chesapeake Utilities by 94.7% in the second quarter. EverSource Wealth Advisors LLC now owns 222 shares of the utilities provider’s stock valued at $27,000 after buying an additional 108 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Chesapeake Utilities by 292.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 220 shares of the utilities provider’s stock worth $28,000 after buying an additional 164 shares in the last quarter. Entrust Financial LLC acquired a new position in Chesapeake Utilities during the 4th quarter worth about $37,000. CIBC Private Wealth Group LLC grew its holdings in Chesapeake Utilities by 66.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 274 shares of the utilities provider’s stock worth $37,000 after acquiring an additional 109 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in Chesapeake Utilities by 133.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 487 shares of the utilities provider’s stock worth $61,000 after acquiring an additional 278 shares during the last quarter. Institutional investors own 83.11% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on CPK shares. Wells Fargo & Company began coverage on shares of Chesapeake Utilities in a research note on Tuesday, May 12th. They issued an “equal weight” rating and a $132.00 target price for the company. Barclays set a $142.00 price target on shares of Chesapeake Utilities and gave the company an “equal weight” rating in a research note on Monday, April 20th. Finally, Weiss Ratings raised shares of Chesapeake Utilities from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Chesapeake Utilities currently has an average rating of “Hold” and an average target price of $137.00.

Read Our Latest Report on Chesapeake Utilities

Insider Buying and Selling at Chesapeake Utilities

In other news, SVP Kevin J. Webber sold 2,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $127.37, for a total value of $254,740.00. Following the transaction, the senior vice president directly owned 12,652 shares in the company, valued at $1,611,485.24. This trade represents a 13.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jeffry M. Householder sold 10,000 shares of Chesapeake Utilities stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $126.12, for a total value of $1,261,200.00. Following the sale, the chief executive officer directly owned 63,001 shares of the company’s stock, valued at approximately $7,945,686.12. This trade represents a 13.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.36% of the company’s stock.

Chesapeake Utilities Stock Performance

Shares of NYSE:CPK opened at $128.92 on Monday. The stock has a market capitalization of $3.09 billion, a P/E ratio of 20.66 and a beta of 0.69. Chesapeake Utilities Corporation has a 1-year low of $118.83 and a 1-year high of $140.59. The company has a current ratio of 0.43, a quick ratio of 0.39 and a debt-to-equity ratio of 0.80. The business has a 50-day moving average price of $124.25 and a two-hundred day moving average price of $126.93.

Chesapeake Utilities (NYSE:CPK – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.38 by $0.09. Chesapeake Utilities had a net margin of 15.11% and a return on equity of 9.53%. The business had revenue of $353.10 million during the quarter, compared to the consensus estimate of $339.86 million. During the same period in the previous year, the firm posted $2.22 earnings per share. Chesapeake Utilities’s revenue for the quarter was up 18.2% compared to the same quarter last year. Chesapeake Utilities has set its FY 2028 guidance at 7.750-8.00 EPS. Equities analysts predict that Chesapeake Utilities Corporation will post 6.46 earnings per share for the current year.

Chesapeake Utilities Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 15th were issued a dividend of $0.735 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.94 dividend on an annualized basis and a yield of 2.3%. This is a boost from Chesapeake Utilities’s previous quarterly dividend of $0.69. Chesapeake Utilities’s dividend payout ratio (DPR) is presently 47.12%.

About Chesapeake Utilities

(Free Report)

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.