Loomis Sayles & Co. L P Purchases Shares of 547,610 Universal Technical Institute Inc $UTI

Loomis Sayles & Co. L P bought a new position in Universal Technical Institute Inc (NYSE:UTI) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 547,610 shares of the company’s stock, valued at approximately $18,559,000. Loomis Sayles & Co. L P owned 1.01% of Universal Technical Institute at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of UTI. Vanguard Group Inc. boosted its holdings in Universal Technical Institute by 11.2% in the first quarter. Vanguard Group Inc. now owns 3,052,652 shares of the company’s stock worth $78,392,000 after acquiring an additional 306,984 shares in the last quarter. Lord Abbett & CO. LLC increased its holdings in Universal Technical Institute by 58.3% in the 1st quarter. Lord Abbett & CO. LLC now owns 2,924,499 shares of the company’s stock worth $75,101,000 after acquiring an additional 1,077,076 shares in the last quarter. Congress Asset Management Co. purchased a new position in Universal Technical Institute in the 2nd quarter worth approximately $63,265,000. American Century Companies Inc. increased its holdings in shares of Universal Technical Institute by 15.7% in the second quarter. American Century Companies Inc. now owns 1,554,199 shares of the company’s stock worth $52,672,000 after purchasing an additional 210,377 shares during the last quarter. Finally, Next Century Growth Investors LLC raised its stake in Universal Technical Institute by 5.8% during the first quarter. Next Century Growth Investors LLC now owns 1,049,742 shares of the company’s stock valued at $26,957,000 after purchasing an additional 57,990 shares in the last quarter. 75.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

UTI has been the topic of several recent analyst reports. Rosenblatt Securities reissued a “buy” rating and issued a $36.00 target price on shares of Universal Technical Institute in a research note on Thursday, November 20th. Barrington Research reissued an “outperform” rating and set a $36.00 target price on shares of Universal Technical Institute in a research report on Thursday, November 20th. Wall Street Zen downgraded Universal Technical Institute from a “buy” rating to a “hold” rating in a research note on Sunday, September 21st. Zacks Research cut Universal Technical Institute from a “hold” rating to a “strong sell” rating in a research report on Monday, October 6th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Universal Technical Institute in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Universal Technical Institute currently has an average rating of “Moderate Buy” and an average price target of $35.83.

Universal Technical Institute Price Performance

Universal Technical Institute stock opened at $22.87 on Monday. The company’s 50 day moving average is $29.69 and its two-hundred day moving average is $30.57. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.23. The firm has a market cap of $1.24 billion, a PE ratio of 20.06, a price-to-earnings-growth ratio of 2.27 and a beta of 1.55. Universal Technical Institute Inc has a 52-week low of $21.29 and a 52-week high of $36.32.

Universal Technical Institute (NYSE:UTI) last released its earnings results on Wednesday, November 19th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08. The firm had revenue of $222.44 million for the quarter, compared to analyst estimates of $219.33 million. Universal Technical Institute had a net margin of 7.79% and a return on equity of 22.12%. Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. On average, research analysts expect that Universal Technical Institute Inc will post 1 EPS for the current fiscal year.

Universal Technical Institute Company Profile

Universal Technical Institute, Inc provides transportation, skilled trades, and healthcare education programs in the United States. The company operates in two segments, UTI and Concorde. It offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.