Chesapeake Utilities Sr VP Kevin Webber sells $254,740 in stock
Kevin J. Webber, Senior Vice President at Chesapeake Utilities Corp (NYSE:CPK), sold 2,000 shares of company stock for $254,740 on May 20, 2026. After the sale, Webber directly holds 12,652 shares, including deferred stock units and indirect holdings through a 401k plan. InvestingPro analysis suggests the stock is slightly overvalued, despite the company's consistent dividend increases and strong Q1 2026 financial results.
Chesapeake Utilities (NYSE: CPK) executive sells 2,000 company shares
Chesapeake Utilities (NYSE: CPK) senior executive Kevin J. Webber reported an open-market sale of 2,000 common shares at $127.37 per share. Following the transaction, he directly holds 12,652 shares and indirectly holds 545 shares through a 401k plan, in addition to deferred stock units. The sale amounted to $254,740.
CPK (CPK) affiliate notifies sale of 10,000 shares via Fidelity
CHESAPEAKE UTILITIES CORP (CPK) has filed a Form 144 notice indicating a proposed sale of 10,000 shares of common stock by an affiliate through Fidelity Brokerage Services LLC. The aggregate value of the proposed sale is $1,261,219.62, with a transaction date of May 21, 2026. The shares originate from multiple tranches of restricted stock vesting.
CPK (NYSE) director files to sell 2,000 shares via Fidelity
A director of Chesapeake Utilities Corporation (CPK) has filed a Form 144 notice to sell 2,000 shares of common stock through Fidelity Brokerage Services LLC. The shares, valued at $254,743.34, were acquired through restricted stock vesting in March 2021 and February 2022. This filing is a routine regulatory notice indicating an intent to sell vested shares in compliance with Rule 144.
Chesapeake Utilities (NYSE:CPK) - Stock Analysis
Chesapeake Utilities (NYSE:CPK) is an energy delivery company with a market cap of US$3.1 billion. The stock is currently trading at US$126.95, with analysts indicating it is 12.9% undervalued with a target of US$145.8. The company has a stable dividend that has increased over the past 10 years, and earnings are forecast to grow.
Chesapeake Utilities Corporation to Participate in the 2026 AGA Financial Forum
Chesapeake Utilities Corporation (NYSE: CPK) announced that its senior leadership will attend the American Gas Association (AGA) Financial Forum from May 16–19 in Scottsdale, Arizona. The forum provides an opportunity for the company to meet with investors, analysts, and bankers to discuss its long-term growth strategy, capital deployment, and commitment to providing safe, reliable, and affordable energy. A presentation for the conference will be available on the company's website in the "Investors" section.
Chesapeake Utilities (NYSE: CPK) CFO uses 3,480 shares to cover tax liability
Chesapeake Utilities (NYSE: CPK) CFO Beth W. Cooper used 3,480 shares of common stock, valued at $135.05 per share, to satisfy the tax liability associated with an incentive award of 7,557 shares. After this transaction, Cooper directly holds 95,110 common shares and indirectly holds 14,202 shares through a 401(k) plan, in addition to 28,115 deferred stock units. This was a tax-withholding disposition, not an open-market sale.
Energy investors meet Chesapeake Utilities at AGA 2026 forum
Chesapeake Utilities (NYSE: CPK) announced its senior leaders will participate in the 2026 AGA Financial Forum from May 16–19 in Scottsdale, Arizona, to meet with investors and analysts. Discussions will focus on the company's long-term growth strategy, capital deployment, and providing safe, reliable, affordable energy. The company recently reported strong Q1 2026 results including $59.3M net income and a 7.3% dividend increase, and the presentation for the forum will be available on its website.
Chesapeake Utilities (CPK) executive uses 79 shares to cover tax on incentive award
Chesapeake Utilities senior executive Kevin J. Webber reported share activity related to a performance incentive award. He earned 3,336 shares, which were structured as 3,257 deferred stock units, with 79 shares being used to cover the associated tax liability at $135.05 per share. After the transaction, Webber directly holds 14,602 common shares and 503 shares indirectly through a 401(k) plan, in addition to 9,389 deferred stock units.
Chesapeake Utilities (CPK) COO logs tax withholding on incentive shares
Chesapeake Utilities' Senior VP & COO, Jeffery S. Sylvester, reported the disposition of 307 shares of common stock at $135.05 per share to cover tax liabilities on an incentive award. This transaction was non-market based and related to a performance share award totaling 3,899 shares. Following this, Sylvester directly holds 15,575 shares and indirectly owns 183 shares in a 401k plan, along with 13,054 deferred stock units.
Tax withholding moves 3,725 shares for Chesapeake Utilities (NYSE: CPK) EVP
Chesapeake Utilities EVP James F. Moriarty had 3,725 shares withheld at $135.05 per share to cover the tax liability on a performance share award of 7,557 shares. After this disposition, Moriarty directly holds 37,423 shares, indirectly holds 554 shares through a 401k, and has 12,457 deferred stock units. This transaction is classified as a tax-withholding disposition rather than an open-market sale.
Press Release: Chesapeake Utilities CFO Beth Cooper Announces Retirement, COO Jeff Sylvester Named Successor
Chesapeake Utilities Corporation announced the retirement of Executive Vice President and Chief Financial Officer, Beth Cooper, effective December 31, 2024. Jeff Sylvester, the current Chief Operating Officer, will succeed her as CFO on January 1, 2025. Cooper will remain with the company in an advisory role until her retirement to ensure a smooth transition.
Maxim Group Maintains Chesapeake Utilities Corp(CPK.US) With Buy Rating, Maintains Target Price $160
Maxim Group has reiterated its Buy rating for Chesapeake Utilities Corp (CPK.US) and maintained its target price at $160. This indicates a continued positive outlook from the firm regarding the company's stock performance.
Vanguard Group Inc. Acquires 49,789 Shares of Chesapeake Utilities Corporation $CPK
Vanguard Group Inc. increased its stake in Chesapeake Utilities Corporation (CPK) by 2.5% in the fourth quarter, acquiring an additional 49,789 shares and bringing its total holding to 2,020,146 shares. Chesapeake Utilities recently reported better-than-expected Q1 earnings with EPS of $2.47 and revenue of $353.1 million, and raised its quarterly dividend to $0.735 per share. Analysts have a consensus "Hold" rating on the stock with a price target of $142.00.
Chesapeake Utilities Corporation (NYSE:CPK) Q1 2026 Earnings Call Transcript
Chesapeake Utilities Corporation reported a strong start to 2026 with a 16% increase in adjusted net income and an 11% increase in adjusted earnings per share compared to Q1 2025. The company is actively managing a capital program of $450-$500 million for 2026, though a major LNG storage project (WRU) faces delays due to weather and design changes, impacting 2026 EPS by $0.10. Chesapeake Utilities also announced a 7.3% dividend increase, marking its 23rd consecutive year of dividend raises, and reaffirmed its long-term EPS growth target of 8% through 2028.
Director Eden (NYSE: CPK) receives stock award, now holds 1,734 shares
Chesapeake Utilities Corporation director Elisabeth A. Eden received a grant of 1,112 shares of common stock on May 6, 2026, as director compensation at a reference price of $125.83 per share. Following this award and additional dividend reinvestments, Eden now directly holds 1,734 common shares, including 6 shares acquired through the company’s Dividend Reinvestment and Direct Stock Purchase Plan. This transaction was detailed in a Form 4 SEC filing, emphasizing a compensation grant rather than a market purchase.
Chesapeake Utilities (NYSE: CPK) grants director 1,112 shares
Chesapeake Utilities (NYSE: CPK) director Ronald G. Forsythe Jr. was granted 1,112 shares of common stock on May 6, 2026, as part of the company’s Stock Incentive and Compensation Plan, valued at $125.83 per share. Following this transaction, Forsythe Jr. now directly owns 11,271 shares, which includes 50 shares acquired through dividend reinvestment. The filing, categorized as a Form 4, indicates a neutral sentiment and moderate impact based on the nature of the insider transaction.
Chesapeake Utilities shareholders elect directors and approve proposals at annual meeting
Chesapeake Utilities Corporation (NYSE:CPK) held its 2026 annual meeting where shareholders elected directors and approved two key proposals. Elisabeth A. Eden was elected as a Class II director, and three Class III directors were also elected. Additionally, shareholders approved the compensation of named executive officers on an advisory basis and ratified the appointment of Baker Tilly US, LLP as the independent registered public accounting firm for fiscal year 2026.
BTIG Maintains Chesapeake Utilities Corp(CPK.US) With Hold Rating
BTIG has reiterated its Hold rating on Chesapeake Utilities Corp (CPK.US). The article does not provide further details on the rationale behind this rating.
Chesapeake Utilities (CPK) Boosts Quarterly Dividend to 73.5 Cen
Chesapeake Utilities Corporation (CPK) announced an increase in its quarterly cash dividend from 68.5 cents to 73.5 cents per share, resulting in an annualized dividend of $2.94 for 2026. The company, operating in the regulated utilities sector with a strong GF Score™ of 81/100, aims to return value to shareholders and signal its financial health. While insider activity shows recent sells but no buys, the stock appears fairly valued based on its P/E ratio, despite some concerns about financial strength.
CHESAPEAKE UTILITIES CORP 1Q 2026: Revenue $353.1M, EPS $2.47— 10-Q Summary
Chesapeake Utilities Corp (CPK) reported strong financial results for the first quarter of 2026, with revenue increasing to $353.1 million from $298.7 million in Q1 2025, an 18.2% year-over-year change. Net income rose to $59.3 million, and diluted earnings per share increased to $2.47, up from $2.21 in the prior year. The company cited regulatory initiatives, pipeline expansions, and colder weather as key drivers for its adjusted gross margin expansion and overall growth.
Chesapeake Utilities Corp reports results for the quarter ended March 31 - Earnings Summary
Chesapeake Utilities Corp has released its earnings summary for the quarter that ended on March 31. The report contains financial results for the specified period. This brief summary was provided by Refinitiv and distributed via TradingView News.
Press Release: Chesapeake Utilities Corporation Raises Dividend by 7.3 Percent
Chesapeake Utilities Corporation announced a 7.3% increase in its quarterly dividend, raising it from $0.63 per share to $0.676 per share. This marks the company's 64th consecutive year of increasing its annual dividend, demonstrating its strong financial performance and commitment to shareholder returns. The new dividend will be payable on July 5, 2026, to shareholders of record as of June 15, 2026.
Chesapeake Utilities (NYSE:CPK) Updates FY 2028 Earnings Guidance
Chesapeake Utilities (NYSE:CPK) has updated its FY 2028 earnings guidance, raising its EPS projection to $7.75–$8.00, significantly above the consensus estimate of $6.52. The company recently reported strong Q1 earnings, beating expectations with an EPS of $2.47 and revenue of $353.1 million, and declared a quarterly dividend of $0.685. Analysts currently maintain a "Moderate Buy" rating for the stock with an average target price of $142.
Earnings Flash (CPK) Chesapeake Utilities Corporation Posts Q1 Adjusted EPS $2.47 per Share, vs. FactSet Est of $2.38
Chesapeake Utilities Corporation (CPK) has reported its Q1 adjusted EPS of $2.47 per share, surpassing the FactSet estimate of $2.38. This financial news indicates a stronger-than-expected performance for the utility company in its first quarter.
Chesapeake Utilities: Q1 Earnings Snapshot
Chesapeake Utilities Corp. (CPK) reported net income of $59.3 million, or $2.47 per share, for its first quarter. The company announced revenues of $353.1 million for the period and projects full-year revenue to be between $450 million and $500 million. This financial data was generated using information from Zacks Investment Research.
Earnings Flash (CPK) Chesapeake Utilities Corporation Reports Q1 Revenue $353.1M, vs. FactSet Est of $339.9M
Chesapeake Utilities Corporation (CPK) reported its first-quarter revenue as $353.1 million, surpassing the FactSet estimate of $339.9 million. The company is a diversified energy delivery company offering services including natural gas transmission and distribution, electricity generation, and propane distribution. This financial update highlights a positive beat against analyst expectations for its Q1 performance.
After 65 years of payouts, Chesapeake Utilities lifts dividend
Chesapeake Utilities (NYSE: CPK) has announced a 7.3% increase in its quarterly cash dividend, raising it from $0.685 to $0.735 per share, resulting in an annualized dividend of $2.94 for 2026. The dividend is payable on July 6, 2026, to shareholders of record on June 15, 2026. This marks 65 years of uninterrupted dividends and annual increases since 2004, reflecting the company's disciplined capital allocation and focus on long-term shareholder value.
Chesapeake Utilities Corporation Raises Dividend by 7.3 Percent
Chesapeake Utilities Corporation's Board of Directors has approved a 7.3% increase in its quarterly cash dividend, raising it from $0.685 to $0.735 per share. This action increases the annualized dividend by $0.20 to $2.94 per share. The company emphasizes its commitment to balancing reinvestment in the business with sustainable dividend growth, a strategy that has led to uninterrupted dividends for 65 years and annual increases since 2004.
Chesapeake Utilities Corporation $CPK Shares Sold by Jennison Associates LLC
Jennison Associates LLC reduced its stake in Chesapeake Utilities (NYSE:CPK) by 9.5% in Q4, selling 50,125 shares. Despite missing EPS estimates, Chesapeake Utilities reported strong revenue growth and provided optimistic FY2028 guidance, leading to a "Moderate Buy" consensus rating from analysts with an average price target of $142.00. Institutional investors hold a significant portion of the company's stock, and Chesapeake Utilities recently announced a quarterly dividend.
Vanguard Capital Management (CPK) reports 5.21% ownership in Chesapeake Utilities Corp
Vanguard Capital Management has filed a Schedule 13G, disclosing a 5.21% beneficial ownership stake in Chesapeake Utilities Corp, amounting to 1,249,864 shares. The filing indicates Vanguard holds sole voting power over 189,069 shares and sole dispositive power over all 1,249,864 shares. This passive investment, signed by Ashley Grim, Head of Global Fund Administration, includes holdings for Vanguard funds and managed accounts.
Chesapeake Utilities (CPK) to Release Quarterly Earnings on Wednesday
Chesapeake Utilities (CPK) is expected to announce its Q1 2026 earnings on Wednesday, May 6th, with analysts projecting $2.37 EPS and $345.12 million in revenue. The company previously missed Q4 earnings estimates but exceeded revenue expectations. Institutional investors have recently adjusted their holdings, and analysts have issued updated price targets and ratings.
M&T Bank Corp Purchases Shares of 23,085 Chesapeake Utilities Corporation $CPK
M&T Bank Corp recently acquired 23,085 shares of Chesapeake Utilities Corporation (NYSE: CPK) in Q4, valued at approximately $2.88 million. This purchase represents about 0.10% ownership in Chesapeake Utilities. The company's stock currently holds a "Moderate Buy" rating from analysts with an average target price of $142.00, and it offers an annual dividend of $2.74, yielding about 2.2%.
BlackRock boosts passive stake in Chesapeake Utilities (NYSE: CPK) to 14.7%
BlackRock, Inc. has filed an amendment to its Schedule 13G/A, disclosing a boosted passive beneficial ownership in Chesapeake Utilities Corporation (NYSE: CPK) to 14.7%. This stake comprises 3,536,077 shares, with 3,499,506 shares holding sole voting power. The filing also indicates that iShares Core S&P Small-Cap ETF separately holds more than 5% of Chesapeake Utilities.
Copeland Capital Management LLC Sells 26,455 Shares of Chesapeake Utilities Corporation $CPK
Copeland Capital Management LLC reduced its stake in Chesapeake Utilities Corporation (NYSE:CPK) by 5.2% in the fourth quarter, selling 26,455 shares. The firm now holds 478,586 shares valued at $59.7 million, representing 2.02% of Chesapeake Utilities and 1.3% of Copeland Capital's portfolio. Despite missing EPS estimates, Chesapeake Utilities reported a 20.4% rise in revenue and maintained a "Moderate Buy" consensus rating among analysts with an average target price of $142.00.
Boston Trust Walden Corp Boosts Stock Holdings in Chesapeake Utilities Corporation $CPK
Boston Trust Walden Corp significantly increased its stake in Chesapeake Utilities Corporation (NYSE:CPK) by 12.8% during the fourth quarter, bringing its total holdings to 365,353 shares valued at approximately $45.58 million. This move solidifies institutional investors' ownership to 83.11% of the company. Despite missing consensus EPS estimates in its latest earnings report, Chesapeake Utilities saw its revenue rise by 20.4%, topping analyst expectations, and maintains a "Moderate Buy" consensus rating with an average price target of $142.
Barclays Maintains Chesapeake Utilities Corp(CPK.US) With Hold Rating, Maintains Target Price $142
Barclays has reiterated its Hold rating for Chesapeake Utilities Corp (CPK.US), keeping the target price at $142. This suggests that the analyst firm believes the stock will perform in line with the market and that its current valuation is fair.
Chesapeake Utilities to Host Its First Quarter 2026 Earnings Conference Call and Webcast on May 7, 2026
Chesapeake Utilities Corporation (NYSE: CPK) announced it will host a conference call on Thursday, May 7, 2026, at 8:30 a.m. ET to discuss its first quarter 2026 financial results. The earnings press release will be issued on Wednesday, May 6, 2026, after market close. Investors and analysts can register for the live webcast or participate by phone for the Q&A session.
CPK Maintained by Barclays -- Price Target Raised to $142
Barclays has maintained its 'Equal-Weight' rating for Chesapeake Utilities (CPK) but raised the price target to $142.00 from $140.00. GuruFocus also indicates that CPK is currently undervalued by 5.5% compared to its GF Value™ of $133.30, with a strong GF Score™ of 80/100, suggesting potential for long-term growth.
Barclays Maintains Chesapeake Utilities Corp(CPK.US) With Hold Rating, Maintains Target Price $142
Barclays has reiterated its 'Hold' rating on Chesapeake Utilities Corp (CPK.US), maintaining a target price of $142 for the company's shares. This indicates that Barclays believes CPK shares are currently fairly valued.
Chesapeake Utilities posts Q1 results May 6, then takes questions May 7
Chesapeake Utilities (NYSE: CPK) will hold its Q1 2026 earnings conference call on May 7, 2026, at 8:30 a.m. ET to discuss results for the quarter ending March 31, 2026. The company will first issue its Q1 2026 earnings release on May 6, 2026, after market close. A live webcast and presentation will be available with registration, and a replay will be posted afterwards.
Barclays Maintains Chesapeake Utilities Corp(CPK.US) With Hold Rating, Raises Target Price to $142
Barclays has reiterated its Hold rating on Chesapeake Utilities Corp (CPK.US) and increased its price target to $142. This adjustment suggests a continued neutral outlook for the company's stock while acknowledging a slightly higher valuation.
26,559 Shares in Chesapeake Utilities Corporation $CPK Acquired by Phocas Financial Corp.
Phocas Financial Corp. recently acquired a new stake of 26,559 shares in Chesapeake Utilities Corporation (NYSE:CPK) valued at approximately $3.31 million. This purchase gives Phocas Financial Corp. roughly 0.11% ownership, adding to the substantial 83.11% of the stock held by institutional investors, including major funds like Vanguard and State Street. Despite missing quarterly EPS estimates, Chesapeake Utilities reported strong revenue growth and announced a quarterly dividend, maintaining a "Hold" consensus rating among analysts.
Does Chesapeake Utilities’ Finance Shake-Up and New CFO-Designate Reshape The Bull Case For CPK?
Chesapeake Utilities Corporation (NYSE:CPK) has revamped its leadership team with COO Jeff Sylvester designated as the new CFO, succeeding Beth Cooper, and Michael Galtman becoming chief transformation officer. This reshuffle is pivotal as the company embarks on a significant US$1.5–US$1.8 billion capital plan and an ERP implementation. The new leadership aims to ensure effective management of this capital program and regulatory agenda, directly linking financial stewardship with operational execution to support sustained earnings growth.
Phocas Financial Corp. Takes $3.31 Million Position in Chesapeake Utilities Corporation $CPK
Phocas Financial Corp. has acquired a new stake of 26,559 shares, valued at approximately $3.31 million, in Chesapeake Utilities (NYSE:CPK) during the fourth quarter, representing 0.11% ownership. Other institutional investors also adjusted their holdings in CPK. Analyst ratings on Chesapeake Utilities are mixed, with a consensus "Hold" rating and a price target of $140.00. The company recently reported Q4 earnings that missed estimates but showed a 20.4% year-over-year revenue increase, and declared a quarterly dividend of $0.685 per share.
CPK PE Ratio & Valuation, Is CPK Overvalued
Chesapeake Utilities Corp (CPK) is currently in the Undervalued zone, with a forward PE ratio of 19.49, which is lower than its five-year average of 22.06. Its fair price is estimated to be between $138.97 and $170.41, compared to its current price of $132.73, indicating it is undervalued by 4.49%. Despite its P/S ratio being 54.05% above the industry average, its robust revenue growth of 20.39% suggests this premium is sustainable.
CPK Financials: Revenue Breakdown, Margins & Competitor Comparison
This article provides a financial analysis of Chesapeake Utilities Corp (CPK), detailing its revenue breakdown, profitability margins, and a comparison with competitors. The company primarily generates revenue from Regulated Energy (81.2%), maintains strong gross (58.75%) and net (17.81%) margins, and has a market capitalization of $3.11 billion. A comparative analysis highlights CPK's superior gross margin compared to competitors like CTRI.
Chesapeake Utilities names new transformation, accounting chiefs By Investing.com
Chesapeake Utilities Corporation announced key leadership appointments, naming Michael Galtman as Chief Transformation Officer and Melissa Barnes as Vice President and Chief Accounting Officer. Galtman will oversee enterprise resource planning and financial operations, while Barnes will manage accounting and financial reporting. These changes support the company's technology initiatives and financial goals, following a recent strong Q4 2025 earnings report and an upcoming CFO transition.
Chesapeake Utilities Announces Appointment of Chief Transformation Officer and Chief Accounting Officer
Chesapeake Utilities Corporation announced two key leadership appointments to bolster operational excellence and long-term growth. Michael Galtman transitioned to Chief Transformation Officer, overseeing ERP implementation and financial functions, while Melissa Barnes was appointed Vice President and Chief Accounting Officer, responsible for accounting and financial reporting. These changes are part of the company's focus on transformative growth and succession planning.
Chesapeake Utilities Corp (CPK) Stock Price Quote Today & Current Price Chart
This article provides current stock price quotes and chart information for Chesapeake Utilities Corp (CPK). It indicates that the information is accessible through an online trading platform.
