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What smart money is saying about Unitil CorporationUnited States flag

UTL · Utilities · Diversified Utilities · Market cap $999M

2 funds in our archive have pitched Unitil Corporation — most recently Heartland Advisors Value Strategy in June 2026.

Company profile

Unitil Corporation functions as a public utility holding company, with its primary operations centered on the provision of electricity and natural gas. The company's activities are categorized into three main divisions: Utility Electric Operations, Utility Gas Operations, and Non-Regulated services. It delivers electricity to consumers in New Hampshire's southeastern coastal areas and its capital region, alongside the wider Fitchburg vicinity in north-central Massachusetts. Its natural gas services span southeastern New Hampshire, various locales within southern and central Maine (including the cities of Portland and the Lewiston-Auburn region), and also the extended Fitchburg area of north-central Massachusetts. Additionally, Unitil operates an 86-mile subterranean interstate natural gas transmission pipeline, which supplies crucial pipeline access and transportation amenities, mainly throughout Maine and New Hampshire. Beyond its core utility offerings, the corporation furnishes energy brokering and consulting services to commercial and industrial clients, alongside managing real estate assets. Currently, it caters to approximately 107,700 electricity users and 86,600 natural gas customers. Unitil Corporation was established in 1984 and is based in Hampton, New Hampshire.

2
Reported positions
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Bought
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Sold
2
Letters

Position history

Every position in Unitil Corporation on record in the archive was reported in Q2 2026, across 2 fund letters, with no move described.

Fund letters reporting a position in Unitil Corporation, by quarter
QuarterLettersBoughtSoldTheses
Q2 20262002

Fund activity · 2 positions

  • HoldsHeartland Advisors Heartland Value Fund
    June 2026
    An example of a traditional Utility that we favor and that is not related to AI play is Unitil (UTL) , an interstate gas and electric company that serves the northern East Coast.
    Read the letterUnitil Corporation
  • HoldsHeartland Advisors Value Strategy
    June 2026

    Listed in Heartland Advisors Value Strategy’s reported holdings.

    Read the letterUnitil Corporation

Fund coverage · 2 theses

  • Heartland Advisors Value Strategy
    June 2026

    Unitil is a regulated gas and electric utility benefiting from customer switching from heating oil to natural gas, supportive conversion programs, and an attractive valuation versus peers.

    Read the full thesis
  • Heartland Advisors Heartland Value Fund
    June 2026

    Unitil is an interstate gas and electric utility benefiting from natural-gas conversion trends in Maine and New Hampshire, with an attractive valuation versus peers.

    Read the full thesis

Read every full thesis on Unitil Corporation

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