UBS Rates Ultrapar Participações (UGP) buy, $7.20 Price Target

UBS has reiterated its buy rating on UGP, maintaining a price target of $7.2. This announcement came on June 17, 2026, as UGP shares traded at $4.77.

Other Institutional Activity in UGP

NAMAN CAPITAL LTDA reduced its holdings in UGP by 960,757 shares, ending with 12,727,222 shares valued at approximately $63.7 million. In contrast, Goldman Sachs Group Inc. increased its stake by 1,299,124 shares, bringing its total to 5,513,736 shares worth about $30.4 million. Morgan Stanley slightly trimmed its position by 79,733 shares, holding 4,867,401 shares valued at $26.8 million. BlackRock, Inc. and Renaissance Technologies LLC both increased their positions, adding 370,952 and 357,922 shares respectively, with holdings valued at $21.7 million and $20.6 million. American Century Companies Inc. also added 665,410 shares, holding 3,715,079 shares worth $20.5 million.

Ultrapar Participações S.A. Stock Down 37.1%

UGP shares are currently trading at $4.77. The company has seen various institutional movements, reflecting different strategies among investors.

Insider Buying and Selling at Ultrapar Participações S.A.

Recent insider transactions at UGP include several purchases and one sale. On April 24, 2026, Manuela Carvalho Campos de Oliveira, People Officer, purchased 9,082 shares, while Rodrigo de Almeida Pizzinatto, Chief Executive Officer, bought 68,445 shares. Fernanda Teves de Souza, the Risk, Integrity & Audit Officer, acquired 8,760 shares, and Fulvius Alexandre Pereira Tomelin, CEO of Ultracargo, added 23,166 shares. André Gustavo Zaia, Financial Officer at Ultracargo, purchased 8,253 shares. In contrast, on May 28, 2026, CEO Hidrovias Amaral Decio de Sampaio sold 47,294 shares.

Analysts Set New Price Targets

On June 17, 2026, UBS maintained its buy rating on UGP with a price target of $7.2. Previously, UBS had initiated coverage with a buy rating and a $7.0 target on April 28, 2026. HSBC downgraded the stock to hold with a $6.0 target on April 8, 2026, while Jefferies upgraded it to hold with a $5.6 target on March 13, 2026. The analyst consensus reflects mixed views, with a general recommendation to hold the stock.

Bottom Line

UBS's continued buy rating on UGP suggests confidence in its potential, with a price target of $7.2. Investors should note that these ratings are based on past data and may not reflect current conditions. Institutional and insider activities indicate diverse strategies and perspectives on UGP's future performance.