Fintel reports that on May 12, 2026, Wells Fargo initiated coverage of Unitil (NYSE:UTL) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 13.56% Upside
As of April 28, 2026, the average one-year price target for Unitil is $57.63/share. The forecasts range from a low of $56.56 to a high of $59.85. The average price target represents an increase of 13.56% from its latest reported closing price of $50.75 / share.
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The projected annual revenue for Unitil is 593MM, an increase of 1.90%. The projected annual non-GAAP EPS is 3.23.
What is the Fund Sentiment?
There are 232 funds or institutions reporting positions in Unitil. This is an decrease of 177 owner(s) or 43.28% in the last quarter. Average portfolio weight of all funds dedicated to UTL is 0.02%, an increase of 68.55%. Total shares owned by institutions decreased in the last three months by 16.09% to 15,736K shares. 
The put/call ratio of UTL is 0.09, indicating a bullish outlook.
What are Other Shareholders Doing?
Vanguard Capital Management holds 810K shares representing 4.50% ownership of the company.
Wellington Management Group Llp holds 601K shares representing 3.34% ownership of the company. In its prior filing, the firm reported owning 310K shares , representing an increase of 48.45%. The firm increased its portfolio allocation in UTL by 96.57% over the last quarter.
Frontier Capital Management Co holds 561K shares representing 3.12% ownership of the company. In its prior filing, the firm reported owning 463K shares , representing an increase of 17.41%. The firm increased its portfolio allocation in UTL by 45.05% over the last quarter.
Jpmorgan Chase holds 558K shares representing 3.10% ownership of the company. In its prior filing, the firm reported owning 608K shares , representing a decrease of 9.01%. The firm decreased its portfolio allocation in UTL by 2.71% over the last quarter.
Vanguard Portfolio Management holds 508K shares representing 2.82% ownership of the company.
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