Heartland Advisors Inc. Invests $12.24 Million in Unitil Corporation $UTL

Posted by Francis Steltz on Aug 22nd, 2026

Heartland Advisors Inc. acquired a new stake in shares of Unitil Corporation (NYSE:UTL – Free Report) during the second quarter, Holdings Channel reports. The institutional investor acquired 232,349 shares of the utilities provider’s stock, valued at approximately $12,242,000.

Other hedge funds have also recently made changes to their positions in the company. Allworth Financial LP purchased a new position in Unitil in the 2nd quarter worth $25,000. International Assets Investment Management LLC acquired a new stake in Unitil during the 4th quarter worth about $26,000. Larson Financial Group LLC purchased a new stake in Unitil during the 4th quarter valued at about $29,000. Caitong International Asset Management Co. Ltd purchased a new stake in Unitil during the 3rd quarter valued at about $29,000. Finally, Bessemer Group Inc. grew its stake in Unitil by 196.1% during the 1st quarter. Bessemer Group Inc. now owns 610 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 404 shares during the last quarter. 76.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on UTL. Wells Fargo & Company assumed coverage on Unitil in a research note on Monday, May 11th. They issued an “equal weight” rating and a $56.00 price objective for the company. Weiss Ratings upgraded Unitil from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Finally, Freedom Capital lowered Unitil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $56.50.

Get Our Latest Report on Unitil

Unitil Trading Down 1.5%

NYSE UTL opened at $53.35 on Friday. The company has a market capitalization of $972.94 million, a PE ratio of 16.83 and a beta of 0.31. The company has a fifty day moving average of $53.48 and a 200 day moving average of $52.47. Unitil Corporation has a 1 year low of $44.61 and a 1 year high of $57.26. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.49 and a quick ratio of 0.45.

Unitil (NYSE:UTL – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The utilities provider reported $0.29 EPS for the quarter, beating the consensus estimate of $0.26 by $0.03. The company had revenue of $113.19 million for the quarter, compared to analyst estimates of $113.19 million. Unitil had a net margin of 9.49% and a return on equity of 9.53%. Research analysts forecast that Unitil Corporation will post 3.31 earnings per share for the current year.

Unitil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Monday, August 17th. Unitil’s dividend payout ratio (DPR) is 59.94%.

Unitil Company Profile

(Free Report)

Unitil Corporation (NYSE: UTL) is a publicly traded energy delivery company that provides regulated electric and natural gas distribution services. The company delivers energy to residential, commercial and industrial customers through a network of distribution systems, offering safe and reliable service across its service areas. Unitil’s operations include system maintenance, emergency response, meter reading and customer support functions, all governed by state regulatory commissions.

Headquartered in Hampton, New Hampshire, Unitil serves communities in New Hampshire, Massachusetts and Maine.