Unitil posts AGA Financial Forum presentation detailing record earnings, acquisitions, $1.2B capex plan
Unitil (UTL) reported record net income of $50.2 million and adjusted EPS of $3.16, reaffirming its 2026 EPS guidance. The company also announced a $1.2 billion five-year capital investment plan, aiming for 6.5%-8.5% rate base growth and 5%-7% long-term EPS growth. This news followed their AGA Financial Forum presentation detailing these results and recent acquisitions like Bangor Natural Gas and Maine Natural Gas.
UTL Initiated Coverage by Wells Fargo -- Price Target Announced at $56
Wells Fargo has initiated coverage on Unitil (UTL) with an Equal-Weight rating and a price target of $56.00. GuruFocus indicates UTL is currently undervalued by 4.9% with a GF Value of $53.36, and its GF Score of 75 suggests solid investment potential, despite moderate financial strength (3/10). The company operates in the utilities sector, distributing electricity and natural gas across New Hampshire, Massachusetts, and Maine.
Unitil Corporation Just Beat Revenue Estimates By 22%
Unitil Corporation (NYSE: UTL) recently reported its first-quarter results, with revenues significantly beating expectations by 22% at US$217 million, although shares initially fell by 5.4%. Analysts now forecast US$610.4 million in revenues for 2026, marking a 4.9% improvement, and expect per-share earnings to rise by 5.8% to US$3.27. Despite the revenue upgrade, the consensus price target remains at US$55.50, as analysts believe earnings are the primary driver of value.
Unitil Corporation (NYSE:UTL) Q1 2026 Earnings Call Transcript
Unitil Corporation reported strong adjusted net income and EPS for Q1 2026, affirming its full-year guidance and long-term earnings growth. The company highlighted successful integration of its Maine gas acquisitions, recent regulatory approvals for rate cases in New Hampshire, and progress on the pending Aquarion Water acquisition. Unitil plans further rate case filings for its gas subsidiaries and maintains a focus on prudent balance sheet management and investment in regulated assets.
Unitil Corp - Fitchburg Issues $23 Million 5.62% Notes Due 2036 And $17 Million 5.87% Notes Due 2041 - SEC Filing
Unitil Corp's subsidiary, Fitchburg Gas and Electric Light Company, has issued $23 million in 5.62% notes due in 2036 and an additional $17 million in 5.87% notes due in 2041. These financial instruments were announced via an SEC filing.
Q1 2026 Unitil Corp Earnings Call Transcript
This document is a transcript of Unitil Corporation's first quarter 2026 earnings call. Chris Goulding, VP of Finance and Regulatory, opened the call, followed by remarks from Chairman and CEO Thomas P. Meissner and SVP, CFO, and Treasurer Daniel R. Hurstak. The call provided financial results and commentary for the period and included other key members of the Unitil leadership team.
Unitil Corp - Fitchburg issues $23 million 5.62% notes due 2036 and $17 million 5.87% notes due 2041 - SEC filing
Unitil Corp's Fitchburg subsidiary has issued $23 million in 5.62% notes due in 2036 and an additional $17 million in 5.87% notes due in 2041, as disclosed in an SEC filing. This debt issuance provides financing for the company.
Unitil (UTL) subsidiary sells long-term senior notes to institutional buyers
Unitil Corporation's subsidiary, Fitchburg Gas and Electric Light Company, has issued and sold two tranches of long-term senior unsecured notes totaling $40 million to institutional investors, including State Farm entities and CoBank. The notes, maturing in 2036 and 2041 with interest rates of 5.62% and 5.87% respectively, were offered in a private placement. The proceeds are intended for refinancing existing debt and general corporate purposes.
Transcript: Unitil Q1 2026 Earnings Conference Call
Unitil reported an 8% increase in adjusted net income and EPS for Q1 2026 and reaffirmed its 2026 earnings guidance and long-term growth projections. The company completed the integration of Maine Natural Gas, becoming the largest gas utility in Maine, and is actively pursuing rate cases in New Hampshire and Maine while monitoring regulatory approvals for a water sector acquisition in Connecticut. Unitil emphasized its strategy of investing in low-risk regulated assets and maintaining a balanced balance sheet to support its capital investment plan.
Unitil: Q1 Earnings Snapshot
Unitil Corp. (UTL) reported net income of $33.2 million in its first quarter, translating to $1.85 per share. Adjusted for non-recurring costs, earnings were $1.88 per share. The Hampton, New Hampshire-based utility company also posted revenue of $106.9 million for the period.
Unitil Corp (NYSE:UTL) Reports Mixed Q1 2026 Results With Earnings Beat and Strong Revenue Growth
Unitil Corporation (NYSE: UTL) reported mixed Q1 2026 results, beating analyst estimates on both earnings and revenue. The utility holding company posted adjusted EPS of $1.88 against an estimate of $1.876, and revenue of $216.9 million far exceeded the $180.9 million estimate. Despite strong year-over-year growth and successful acquisitions, the market reaction was muted, with the stock showing no movement in after-market trading.
Unitil Corp reports results for the quarter ended March 31 - Earnings Summary
Unitil Corp announced its earnings summary for the quarter that ended on March 31. This brief report from Reuters, distributed by Refinitiv, provides an overview of the company's financial performance.
UNITIL CORP 1Q 2026: Revenue $216.9M, EPS $1.85— 10-Q Summary
UNITIL CORP (UTL) reported strong first-quarter 2026 results, with revenue reaching $216.9 million and diluted EPS of $1.85. The growth was primarily driven by higher gas volumes, an increase in customer base, and strategic acquisitions. The company also highlighted significant operational investments and successful rate adjustments through regulatory proceedings.
Unitil: Q1 Earnings Snapshot
Unitil Corp. (UTL) reported net income of $33.2 million for its first quarter, translating to $1.85 per share. Adjusted for non-recurring costs, earnings were $1.88 per share. The utility company generated $216.9 million in revenue during the period.
Colder winter lifts Unitil profit as quarterly EPS climbs to $1.85
Unitil (NYSE: UTL) reported a strong Q1 2026, with GAAP net income rising to $33.2 million, or $1.85 per share, and adjusted net income reaching $33.8 million, or $1.88 per share. This increase was primarily driven by higher rates, customer growth including contributions from Maine Natural, and the favorable effects of colder winter weather. The company also declared a quarterly dividend of $0.475 per share, maintaining its annualized rate of $1.90.
Unitil Reports 2026 First Quarter Earnings
Unitil Corporation announced strong first-quarter 2026 earnings, with Net Income rising to $33.2 million, or $1.85 EPS, an increase of $5.7 million compared to the same period in 2025. This growth was attributed to operational excellence, strategic acquisitions, and favorable weather conditions, particularly impacting gas sales. The company also declared quarterly dividends of $0.475 per share and provided detailed financial breakdowns for electric and gas operations.
Unitil: Q1 Earnings Snapshot
Unitil Corp. (UTL) reported a net income of $33.2 million in its first quarter, translating to $1.85 per share. Adjusted for non-recurring costs, earnings were $1.88 per share. The utility company also posted revenue of $216.9 million for the period.
UNITIL CORPORATION Files Form 8-K with SEC: Company Information, Address, and Stock Details (April 29, 2026) 22
Unitil Corporation recently filed a Form 8-K with the SEC detailing the outcomes of its 2026 Annual Meeting of Shareholders held on April 29, 2026. Shareholders approved all management proposals, including the election of directors, ratification of Deloitte & Touche LLP as the independent accounting firm, and the advisory vote on executive compensation. The results suggest stability in governance and strong investor confidence, with no controversial items arising from the meeting.
Unitil (NYSE: UTL) investors elect Class II directors and approve 2026 auditor
Unitil Corporation shareholders held their Annual Meeting on April 29, 2026, where they elected Class II directors Neveen F. Awad, Winfield S. Brown, and Mark H. Collin. Additionally, Deloitte & Touche LLP was ratified as the independent registered public accounting firm for 2026, and the compensation for the Company’s Named Executive Officers was approved on an advisory basis. A quorum of 88.65% of common shares was represented at the meeting.
Vanguard holds 5.25% of Unitil (UTL) in passive Schedule 13G filing
Vanguard Capital Management reported a passive beneficial ownership of 5.25% in Unitil Corp (UTL) through a Schedule 13G filing. This represents 945,616 shares, with Vanguard exercising sole voting power over 135,472 shares and sole dispositive power over all 945,616 shares. The filing indicates a passive investment intent, not an active effort to influence company control.
Unitil investors gave executive pay 96% support at annual vote
Unitil (NYSE: UTL) shareholders elected three directors and ratified independent accountants at their Annual Meeting on April 29, 2026. Significantly, the advisory "say-on-pay" vote for executive compensation received overwhelming support with 96% approval. Chairman & CEO Thomas P. Meissner, Jr. highlighted 2025 achievements and the company's long-term strategy, reinforcing a pattern of steady governance and regulated growth.
Unitil Corporation (NYSE:UTL) to Issue $0.48 Quarterly Dividend
Unitil Corporation (NYSE:UTL) has announced a quarterly dividend of $0.475 per share, payable on May 29th to shareholders of record as of May 14th. This utility provider has consistently raised its dividend for 12 consecutive years, demonstrating a strong commitment to shareholder returns. With a payout ratio of 57.8% and analysts forecasting 3.51 EPS next year, the dividend appears well-covered.
Unitil Shareholders Elect Directors at Annual Meeting
Unitil Corporation held its Annual Meeting of Shareholders where Neveen F. Awad, Winfield S. Brown, and Mark H. Collin were elected to the Board of Directors for three-year terms. Shareholders also ratified Deloitte & Touche, LLP as the independent registered public accountants for 2026 and approved the executive compensation advisory vote. Chairman and CEO, Thomas P. Meissner, Jr., presented highlights from 2025 and discussed the company's strategies for creating long-term value.
Unitil holds 2026 annual meeting; reports record earnings, dividend hike and growth plans
Unitil announced record net earnings of $50.2 million and an adjusted EPS of $3.16. The company increased its annual dividend by 5.6% to $1.90 and provided long-term EPS growth guidance of 5%–7%. Unitil also closed acquisitions and outlined a five-year capital plan of approximately $1.2 billion, forecasting significant rate base growth and accretive expansion.
Unitil : 2026 Annual Shareholders’ Meeting Presentation
Unitil Corporation presented its 2026 Annual Shareholders’ Meeting Presentation, highlighting strong financial results, operational excellence, and strategic acquisitions in Maine and New Hampshire. The company detailed its clean energy initiatives, including its Kingston Solar Array, and emphasized the cost advantage of natural gas for heating in its service areas. Unitil also discussed its Aquarion Water acquisition and provided long-term guidance for EPS growth, rate base growth, and total shareholder return.
Record earnings and growth targets at Unitil (NYSE: UTL) shareholder meeting
Unitil (UTL) announced record net income of $50.2 million and adjusted EPS of $3.16, alongside a $1.90 annualized dividend, at its shareholder meeting. The utility outlined ambitious growth targets, including an EPS growth of 5.0%–7.0% and a five-year capital plan of $1.2 billion for infrastructure modernization. Recent acquisitions and a pending water company purchase are expected to further boost its rate base and customer count.
How many employees work at UNITIL?
UNITIL Corp. currently has 533 employees, showing a year-over-year growth rate of 4.0% as of December 2025. The company's headcount has steadily increased since 2022. Revelio Labs data indicates UNITIL's average salary is $94.8k and employee tenure is 6.4 years.
UNITIL Corp. Experiences Revision in Its Stock Evaluation Amid Competitive Market Dynamics
UNITIL Corp., a small-cap power industry company, has adjusted its valuation metrics, presenting a more favorable profile compared to some peers despite a 9.62% decline in its stock price over the past year. The company's P/E ratio is 18 and EV to EBITDA is 9.66, which are lower than competitors like PNM Resources, Inc. The article highlights the competitive landscape within the power sector and the challenges UNITIL faces against broader market trends, especially when compared to the S&P 500's significant gains.
BlackRock (UTL) discloses 14.9% ownership of Unitil; iShares >5%
BlackRock, Inc. has filed a Schedule 13G/A, reporting a 14.9% beneficial ownership stake in Unitil Corporation (UTL), amounting to 2,686,435 shares. The filing indicates BlackRock holds significant sole voting and dispositive power over these shares, with the iShares Core S&P Small-Cap ETF also identified as a holder with over a 5% interest. This amended filing reflects a passive investment position, with no stated intent to influence control.
Boston Trust Walden Corp Sells 28,409 Shares of Unitil Corporation $UTL
Boston Trust Walden Corp reduced its stake in Unitil Corporation by 6.9% in the fourth quarter, selling 28,409 shares, but still holds 385,232 shares valued at approximately $18.66 million. Unitil (NYSE: UTL) has demonstrated strong financial performance, beating quarterly earnings and revenue expectations, and has increased its quarterly dividend. The company maintains a "Hold" consensus rating from analysts with an average price target of $57.00.
Unitil Schedules First Quarter 2026 Earnings Release and Conference Call
Unitil Corporation announced it will release its first quarter 2026 earnings after market close on May 4, 2026. The company will host a conference call and webcast on May 5, 2026, at 2:00 p.m. (ET) to discuss its quarterly results. Presentation materials and an archive of the webcast will be available on Unitil's Investors page.
Unitil Schedules First Quarter 2026 Earnings Release and Conference Call
Unitil Corporation (NYSE: UTL) has scheduled its first-quarter 2026 earnings release for after market close on May 4, 2026. The company will host a conference call and webcast on May 5, 2026, at 2:00 p.m. ET to discuss the results, with related presentation materials available beforehand on their Investors page. An archive of the webcast will also be accessible for one year.
Unitil will post quarterly results May 4, then host a webcast May 5
Unitil (NYSE: UTL) is scheduled to release its first-quarter 2026 earnings after the market closes on May 4, 2026. The company will then host a conference call and webcast on May 5, 2026, at 2:00 p.m. ET to discuss the results. This announcement follows a consistent pattern of quarterly updates from Unitil, which historically have resulted in minimal stock price movement.
UNITIL Corp. Experiences Revision in Stock Evaluation Amid Mixed Market Signals
UNITIL Corp., a small-cap power industry player, has shown mixed signals in its recent stock performance and evaluation. While technical indicators like Moving Averages and Bollinger Bands suggest bullish trends, the KST shows a bearish signal on a monthly basis. The company has outperformed the S&P 500 over the past month and year-to-date, but lagged over longer periods, indicating the importance of continuous monitoring.
Unitil (NYSE:UTL) Upgraded by Zacks Research to Hold Rating
Zacks Research has upgraded Unitil (NYSE:UTL) to a "Hold" rating, aligning with the existing average analyst rating and a consensus price target of $57.00. The company recently surpassed quarterly earnings expectations, reporting $1.13 EPS against an anticipated $1.03, and revenue of $161.5 million. Institutional ownership of Unitil is substantial at 76.76%, with several large investment firms increasing their stakes in the first quarter.
Scotiabank Comments on Unitil's FY2026 Earnings (NYSE:UTL)
Scotiabank projects Unitil's FY2026 EPS at $3.31 and FY2027 EPS at $3.51, maintaining a "Sector Perform" rating with a $57.00 price target. This forecast surpasses the consensus FY2026 estimate of $3.08. Unitil recently exceeded quarterly earnings expectations, reporting EPS of $1.13 against an anticipated $1.03, and increased its quarterly dividend to $0.475, resulting in a 3.5% yield.
Scotiabank Upgrades Unitil (NYSE:UTL) to "Hold"
Scotiabank has upgraded Unitil (NYSE:UTL) from its previous rating to "Hold" following the utilities provider's strong quarterly earnings report, where it surpassed analyst estimates for both EPS and revenue. Despite this upgrade, the stock maintains a consensus "Hold" rating among analysts with a target price of $57.00. Institutional investors hold a significant portion of Unitil's shares, and analysts anticipate the company will achieve an EPS of 3.08 for the current year.
The Bottom Line: Unitil, The Rubber Group and Connection
This article provides a roundup of news updates from several public companies. Unitil Corporation has filed for a change in natural gas distribution rates in New Hampshire. The Rubber Group has acquired Diversified Plastics Inc. to expand its manufacturing platform. Connection has been recognized as a 2026 Dell Technologies Titanium Black Partner, a distinction for strategic partners.
Tudor Investment Corp ET AL Has $4.30 Million Holdings in Unitil Corporation $UTL
Tudor Investment Corp ET AL significantly increased its stake in Unitil Corporation (UTL) by 85.8% in Q3, holding 89,862 shares valued at $4.30 million. This move aligns with other institutional investors boosting their positions, bringing total institutional ownership to approximately 76.76%. Unitil also reported strong Q3 earnings, beating estimates and raising its quarterly dividend, while analysts maintain a consensus "Hold" rating with a $57 target price.
Scotiabank Initiates Coverage on Unitil With Sector Perform Rating, $57 Price Target
Scotiabank has initiated coverage on Unitil (UTL) with a Sector Perform rating, setting a price target of $57.00. Unitil Corporation is a public utility holding company focused on the local distribution of electricity and natural gas across New Hampshire, Massachusetts, and Maine. The company operates through utility electric and gas operations segments.
Scotiabank initiates Unitil stock coverage with Sector Perform rating
Scotiabank has initiated coverage on Unitil Corporation (NYSE:UTL) with a "Sector Perform" rating and a $57.00 price target. The firm views Unitil as a straightforward, low-risk regulated utility with a discounted valuation, noting its past execution on gas modernization, solar generation, and smart meter rollouts. Despite recent strong Q4 2025 earnings, Scotiabank anticipates earnings per share growth of around 6.25% and dividend growth of 5.5%, both slightly below or in line with peers.
Unitil (NYSE:UTL) Raised to Buy at Wall Street Zen
Wall Street Zen has upgraded Unitil (NYSE:UTL) from a "Hold" to a "Buy" rating, while Weiss Ratings reissued a "Hold (C-)", resulting in a MarketBeat consensus of "Hold". This upgrade follows Unitil beating its quarterly earnings expectations, reporting an EPS of $1.13 against an expected $1.03 and revenues of $161.5M against $144.45M expected, with analysts projecting $3.08 EPS for the current year. Institutional investors like Vanguard, State Street, Manufacturers Life, JPMorgan, and Wellington have significantly increased their stakes, collectively owning approximately 76.76% of the stock.
The Bottom Line: Albany International, Connection and Unitil
This article provides updates on three public companies: Albany International, Connection, and Unitil. Albany International has been named an official partner for World Engineering Day 2026, highlighting its focus on innovation and sustainable engineering solutions. Connection received Zebra Technologies' 2025 Partner of the Year award for Top Revenue Growth, recognizing its strong performance in expanding customer adoption and strengthening Zebra's market presence. Unitil supported energy-efficiency upgrades in Seabrook, NH, leading to significant cost savings and reduced energy consumption through LED lighting conversions and boiler installations.
Unitil (NYSE:UTL) Lowered to "Hold" Rating by Wall Street Zen
Wall Street Zen has downgraded Unitil (NYSE:UTL) from a "buy" to a "hold" rating, with Weiss Ratings reiterating a "hold" as well, leading to a consensus "Hold" rating for the utility provider. This comes despite Unitil beating quarterly earnings estimates, reporting $1.13 EPS against an expected $1.03 and revenues of $161.5 million versus $144.45 million. The company has a market cap of $942.10 million and a P/E ratio of 17.47, with institutional investors holding 76.76% of its stock.
Vanguard disaggregates holdings; reports 0 shares in Unitil (UTL)
The Vanguard Group filed an amended Schedule 13G/A for Unitil (UTL), reporting 0 shares beneficially owned. This change is due to an internal realignment, where certain Vanguard subsidiaries will now report their holdings separately, in accordance with SEC Release No. 34-39538. Vanguard itself no longer considers these disaggregated shares as beneficially owned.
[ARS] UNITIL CORP SEC Filing
This article announces an ARS SEC filing by UNITIL CORP (UTL). The filing, dated March 27, 2026, concerns an ARS document which is available as a PDF. It also provides an overview of UNITIL CORP's stock data, recent news, and other SEC filings.
Unitil (NYSE: UTL) details 2026 proxy agenda, board and pay votes
Unitil Corporation has released its 2026 proxy statement detailing the agenda for its annual meeting on April 29, 2026. Shareholders will vote on the re-election of three Class II directors, the ratification of Deloitte & Touche LLP as the independent auditor, and an advisory vote on executive compensation. The proxy statement also highlights the company's 2025 achievements, including strategic acquisitions, infrastructure investments, and dividend increases, alongside disclosures on corporate governance, risk oversight, and executive compensation policies.
UTL|Unitil Corp|Price:52.410|Chg%:0.80
This article provides a comprehensive analysis of Unitil Corp (UTL), highlighting its healthy fundamentals, high growth potential, and leading ESG disclosure. The stock is considered fairly valued and suitable for range-bound swing trading due to its stable price movement between support and resistance levels. Institutional ownership is high, and analysts have issued "Buy" ratings with a median target price of $59.00.
Tudor Investment Corp ET AL Purchases 41,490 Shares of Unitil Corporation $UTL
Tudor Investment Corp ET AL significantly increased its stake in Unitil Corporation (NYSE:UTL) by 85.8% in Q3, purchasing 41,490 shares to hold a total of 89,862 shares valued at approximately $4.30 million. This comes as institutional investors now own 76.76% of the company's stock, and Unitil reported strong quarterly earnings, beating analyst expectations. The company also announced a boost in its quarterly dividend to $0.475, resulting in an annualized dividend of $1.90 and a 3.6% yield.
Aventail Capital Group LP Takes Position in Unitil Corporation $UTL
Aventail Capital Group LP has acquired a new stake in Unitil Corporation (NYSE:UTL), purchasing 63,332 shares valued at approximately $3,031,000 during the third quarter. This makes Aventail Capital Group LP the owner of 0.35% of Unitil's stock. Other institutional investors like Rockefeller Capital Management and Envestnet Asset Management have also recently adjusted their positions in the utility provider.
