UnitilUTL
UTL
About: Unitil Corp is a holding company, through its subsidiaries it is engaged in the local distribution of electricity and natural gas throughout its service territories in the states of New Hampshire, Massachusetts, and Maine. The Company has two operating and reportable segments: Utility Electric Operations and Utility Gas Operations. Majority of revenue is gained from Electric Segment.
Employees: 544
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
17% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 63
0.13% more ownership
Funds ownership: 78.89% [Q3] → 79.02% (+0.13%) [Q4]
4% less funds holding
Funds holding: 213 [Q3] → 205 (-8) [Q4]
10% less capital invested
Capital invested by funds: $773M [Q3] → $694M (-$78.9M) [Q4]
20% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 25
36% less call options, than puts
Call options by funds: $108K | Put options by funds: $168K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$55
6%
downside
Avg. target
$55
6%
downside
High target
$55
6%
downside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Guggenheim Shahriar Pourreza 57% 1-year accuracy 13 / 23 met price target | 6%downside $55 | Neutral Reiterated | 12 Feb 2025 |
Financial journalist opinion
Based on 4 articles about UTL published over the past 30 days
Positive
Zacks Investment Research
3 days ago
Why Unitil (UTL) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Unitil (UTL) have what it takes?
Positive
Seeking Alpha
6 days ago
Unitil: Solid Growth, But Current Valuation Is A Bit High
Unitil Corporation, a small utility serving New England, has shown consistent net income growth, outperforming larger peers like Eversource Energy. Despite its small size and high debt levels, Unitil offers a 3.17% dividend yield and has a solid historical total return. The company plans to invest $980 million in infrastructure from 2025-2029, aiming for a 6.5%-8.5% rate base growth, but this may dilute current equity holders.
Positive
Zacks Investment Research
2 weeks ago
Unitil (UTL) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Unitil (UTL) have what it takes?
Neutral
GlobeNewsWire
2 weeks ago
Unitil to Purchase Maine Natural Gas Company from Avangrid
HAMPTON, N.H., April 01, 2025 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced that it has entered into a definitive agreement to acquire Maine Natural Gas Company (“Maine Natural”) from Avangrid Enterprises, Inc., for $86.0 million on a debt-free basis, subject to adjustment for closing working capital and transaction expenses. Upon closing of the transaction, which is expected to occur by the end of 2025, Maine Natural will become a wholly owned subsidiary of Unitil. The transaction is subject to approval by the Maine Public Utilities Commission.
Neutral
Seeking Alpha
2 months ago
Unitil Corporation (UTL) Q4 2024 Earnings Call Transcript
Unitil Corporation (UTL) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
2 months ago
Unitil (UTL) Beats Q4 Earnings Estimates
Unitil (UTL) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.97 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Unitil Reports Year-End Earnings
HAMPTON, N.H., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced GAAP Net Income of $47.1 million, or $2.93 in Earnings Per Share (EPS), for the year ended December 31, 2024, an increase of $1.9 million in Net Income, or $0.11 in EPS, compared to 2023. The Company's Adjusted Net Income (a non-GAAP financial measure1) was $47.8 million, or $2.97 in EPS for the year ended December 31, 2024, an increase of $2.6 million, or $0.15 in EPS, compared to 2023. Adjusted Net Income (a non-GAAP financial measure1) excludes costs associated with the Company's acquisition of Bangor Natural Gas Company. The Company's earnings in 2024 reflect higher rates and continued customer growth.
Positive
Seeking Alpha
2 months ago
23 Upcoming Dividend Increases, Including 2 Kings
Excited to announce dividend hikes for 23 companies, including dividend kings SJW Group and California Water Service Group, with 5% and 7.1% increases. Companies with consistent dividend growth indicate financial health, attracting investors and boosting stock prices, leading to long-term wealth accumulation. Investment strategy focuses on stocks with rising dividends and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ.
Neutral
GlobeNewsWire
2 months ago
Unitil Completes Purchase of Bangor Natural Gas Company
HAMPTON, N.H., Jan. 31, 2025 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) ( unitil.com ) today announced that it completed the purchase of Bangor Natural Gas Company (“Bangor”), from PHC Utilities, Inc., a subsidiary of Hope Utilities, Inc. The Stock Purchase Agreement (the “Agreement”) between PHC Utilities, Inc. and Unitil was first announced on July 8, 2024. All conditions of the Agreement, including the receipt of approvals from the Maine Public Utilities Commission, were completed as of the closing date.
Positive
Zacks Investment Research
2 months ago
Unitil's Board Boosts Shareholder Value With 5.9% Dividend Hike
UTL stock continues to increase shareholder value as its board of directors raises dividends by 5.9%.
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