Unitil (UTL)
Northeast regulated electric-and-gas distribution utility serving New Hampshire, Massachusetts, and Maine.
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A New Hampshire-based holding company that distributes regulated electricity and natural gas to roughly 226,100 customers across three New England states — through five utility subsidiaries plus an interstate gas pipeline — and, having just closed on two Aquarion water utilities in New Hampshire, has added regulated water service as a new business line.
A New Hampshire-based utility holding company operating regulated electric distribution in southeastern New Hampshire and the Fitchburg area of Massachusetts, and regulated natural gas distribution across the same footprint plus Maine — including Portland, Lewiston–Auburn, Bangor, and Augusta.
Two reportable segments, Electric and Gas, contribute roughly evenly to revenue. Distribution service runs through five subsidiary utilities and a FERC-regulated interstate pipeline. The customer base runs to roughly 226,100 across three New England states.
Growth in the mid-2020s has come from a run of small Maine gas utility acquisitions and a just-completed move into regulated water in New Hampshire via two Aquarion Water Authority subsidiaries. Every service line is monopoly-franchised and rate-regulated by state PUCs, with FERC oversight of the interstate gas pipeline.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| May 11, 2026 | Wells Fargo | Target | Target: — | Target: $56 |
| May 5, 2026 | Freedom Broker | Downgrade | ||
| Apr 9, 2026 | Scotiabank | Target | Target: — | Target: $57 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $9.2M · Total debt $956.0M · Total assets $2.22B · Shareholders' equity $643.7M
- Revenue
- $117.0M
- Operating income
- $15.4M
- Net income
- $4.7M
HistoryDividendAnnual yield
| Institutions | 85.57% | 15.61M shares | |
|---|---|---|---|
| 246 holders · as of Jun 30, 2026 | |||
| Insiders | 0.71% | 130.1K shares | |
| 11 holders · as of Jan 29, 2026 | |||
| Other | 13.72% | 2.50M shares | |
| remainder | |||
18.24M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.86% | 2.89M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.41% | 803,469 | as of Jun 30, 2026 |
State Street CorpInstitution | 4.29% | 782,195 | as of Jun 30, 2026 |
Frontier Capital Management Co LLCInstitution | 3.03% | 553,320 | as of Jun 30, 2026 |
Manufacturers Life Insurance Company, theInstitution | 2.80% | 509,855 | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Unitil | $51.98 | +0.55% | $932.8M | 16.5 | 16.0 | 1.6 | +14.0% |
| NW Natural | $47.78 | −0.02% | $2.02B | 15.7 | 14.9 | 1.6 | +3.1% |
| Black Hills | $71.77 | −0.03% | $5.48B | 18.2 | 15.4 | 2.4 | +3.1% |
| Avista | $36.00 | −0.06% | $3.02B | 13.0 | 13.7 | 1.6 | +0.5% |
| New Jersey Resources | $52.72 | −0.04% | $5.34B | 14.6 | 15.9 | 2.4 | +16.8% |
| Eversource Energy | $66.38 | −0.03% | $25.16B | 17.3 | 14.1 | 1.8 | +2.3% |
| Spire | $78.50 | −0.08% | $4.72B | 8.9 | 16.2 | 1.9 | −0.4% |
| York Water | $31.59 | +0.10% | $521.8M | 20.0 | 19.5 | 87.9 | +22.5% |
| National Fuel Gas | $80.00 | 0.00% | $7.60B | 11.1 | 10.8 | 3.0 | +1.1% |
| Median | 15.2 | 15.1 | 2.1 | +2.7% |