Susquehanna International Group LLP Has $283,000 Stock Holdings in Chesapeake Utilities Corporation $CPK

Susquehanna International Group LLP trimmed its holdings in Chesapeake Utilities Corporation (NYSE:CPK) by 73.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,309 shares of the utilities provider’s stock after selling 6,350 shares during the period. Susquehanna International Group LLP’s holdings in Chesapeake Utilities were worth $283,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its holdings in shares of Chesapeake Utilities by 292.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 220 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 164 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Chesapeake Utilities by 94.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 222 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 108 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in Chesapeake Utilities in the second quarter worth $29,000. CIBC Private Wealth Group LLC boosted its holdings in Chesapeake Utilities by 66.1% in the third quarter. CIBC Private Wealth Group LLC now owns 274 shares of the utilities provider’s stock worth $37,000 after purchasing an additional 109 shares in the last quarter. Finally, Entrust Financial LLC acquired a new position in Chesapeake Utilities during the fourth quarter worth $37,000. 83.11% of the stock is owned by institutional investors.

Chesapeake Utilities Stock Performance

Shares of CPK opened at $132.18 on Wednesday. The company has a market capitalization of $3.19 billion, a PE ratio of 21.08 and a beta of 0.68. Chesapeake Utilities Corporation has a one year low of $118.88 and a one year high of $140.83. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.32 and a quick ratio of 0.28. The company’s fifty day moving average price is $131.69 and its 200 day moving average price is $129.04.

Chesapeake Utilities (NYSE:CPK) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). The firm had revenue of $201.90 million for the quarter, compared to the consensus estimate of $198.91 million. Chesapeake Utilities had a net margin of 15.12% and a return on equity of 9.34%. The firm’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the company earned $1.04 earnings per share. Chesapeake Utilities has set its FY 2026 guidance at 7.750-8.000 EPS. As a group, analysts expect that Chesapeake Utilities Corporation will post 6.42 earnings per share for the current year.

Chesapeake Utilities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Investors of record on Monday, September 14th will be paid a dividend of $0.735 per share. The ex-dividend date is Monday, September 14th. This represents a $2.94 annualized dividend and a yield of 2.2%. Chesapeake Utilities’s dividend payout ratio is presently 46.89%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CPK. Weiss Ratings upgraded Chesapeake Utilities from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 10th. Wall Street Zen downgraded Chesapeake Utilities from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Finally, Wells Fargo & Company boosted their target price on Chesapeake Utilities from $132.00 to $134.00 and gave the stock an “equal weight” rating in a report on Monday, August 10th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $138.00.

Chesapeake Utilities Profile

Chesapeake Utilities Corporation (NYSE: CPK) is a diversified energy services holding company headquartered in Dover, Delaware. Through its operating subsidiaries, the company engages in natural gas distribution, transmission and storage; propane distribution; wholesale propane supply; and contract compression and natural gas liquids processing. Its core mission is to provide safe, reliable and cost-effective energy solutions to residential, commercial and industrial customers across multiple U.S.