Ultrapar Becomes Controlling Shareholder of Hidrovias and Announces Leadership Changes

An announcement from Ultrapar Participacoes SA ( (UGP) ) is now available.

On May 8, 2025, Ultrapar Participações S.A. announced the completion of a capital increase in Hidrovias do Brasil S.A., making Ultrapar the controlling shareholder with 50.15% of total share capital. This move underscores Ultrapar’s commitment to enhancing Hidrovias’ growth and governance, positioning itself as a strategic long-term shareholder. Additionally, Ultrapar revealed changes in Hidrovias’ leadership, with Mr. Décio de Sampaio Amaral taking over as CEO, effective by the end of June 2025, succeeding Mr. Fabio Schettino. These changes aim to bolster the company’s strategic direction and operational capabilities.

Spark’s Take on UGP Stock

According to Spark, TipRanks’ AI Analyst, UGP is a Neutral.

Ultrapar Participacoes SA’s overall score is driven by solid financial performance, although slightly dampened by a decrease in free cash flow and return on equity. Technical analysis suggests a neutral to slightly bearish short-term outlook. The stock’s valuation is attractive, with a low P/E ratio and a decent dividend yield. The earnings call revealed mixed sentiment, with strengths in certain business segments offset by challenges in others. Overall, the company is stable but faces some industry-specific challenges.

To see Spark’s full report on UGP stock, click here.

More about Ultrapar Participacoes SA

Ultrapar Participações S.A. is a Brazilian company operating in the logistics and infrastructure sectors, primarily focusing on fuel distribution, chemicals, and storage solutions. It plays a significant role in the Brazilian market, leveraging its expertise to support growth and operational efficiency in these industries.

Average Trading Volume: 1,861,677

Technical Sentiment Signal: Sell

Current Market Cap: $3.33B

For an in-depth examination of UGP stock, go to TipRanks’ Stock Analysis page.