Moran Wealth Management LLC acquired a new stake in Universal Technical Institute Inc (NYSE:UTI – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 24,173 shares of the company’s stock, valued at approximately $787,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UTI. Engineers Gate Manager LP lifted its position in Universal Technical Institute by 4.3% in the second quarter. Engineers Gate Manager LP now owns 12,299 shares of the company’s stock worth $417,000 after purchasing an additional 506 shares during the period. SkyView Investment Advisors LLC lifted its holdings in shares of Universal Technical Institute by 1.2% in the second quarter. SkyView Investment Advisors LLC now owns 42,404 shares of the company’s stock valued at $1,460,000 after buying an additional 506 shares during the period. Verdence Capital Advisors LLC boosted its stake in Universal Technical Institute by 4.9% during the second quarter. Verdence Capital Advisors LLC now owns 10,892 shares of the company’s stock valued at $369,000 after buying an additional 513 shares in the last quarter. New York State Teachers Retirement System grew its holdings in Universal Technical Institute by 17.0% during the second quarter. New York State Teachers Retirement System now owns 4,254 shares of the company’s stock worth $144,000 after acquiring an additional 618 shares during the period. Finally, Newbridge Financial Services Group Inc. bought a new stake in Universal Technical Institute in the second quarter worth about $27,000. Institutional investors own 75.67% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on UTI. Zacks Research lowered shares of Universal Technical Institute from a “hold” rating to a “strong sell” rating in a research report on Monday, October 6th. Wall Street Zen lowered shares of Universal Technical Institute from a “buy” rating to a “hold” rating in a research report on Sunday, September 21st. Barrington Research reaffirmed an “outperform” rating and issued a $36.00 price target on shares of Universal Technical Institute in a report on Thursday, November 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of Universal Technical Institute in a research note on Monday, December 29th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $36.00 target price on shares of Universal Technical Institute in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Universal Technical Institute presently has an average rating of “Moderate Buy” and an average target price of $35.83.
Universal Technical Institute Trading Down 1.8%
NYSE UTI opened at $27.48 on Friday. The firm’s 50 day moving average price is $26.41 and its two-hundred day moving average price is $28.85. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.07 and a current ratio of 1.07. Universal Technical Institute Inc has a twelve month low of $21.29 and a twelve month high of $36.32. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 24.10, a PEG ratio of 2.40 and a beta of 1.37.
Universal Technical Institute (NYSE:UTI – Get Free Report) last issued its earnings results on Wednesday, November 19th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.26 by $0.08. Universal Technical Institute had a return on equity of 20.85% and a net margin of 7.54%.The business had revenue of $222.44 million during the quarter, compared to analysts’ expectations of $219.33 million. Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. Equities analysts anticipate that Universal Technical Institute Inc will post 1 EPS for the current year.
Insider Buying and Selling
In other Universal Technical Institute news, Director Coliseum Capital Management, L bought 191,830 shares of the stock in a transaction on Friday, December 5th. The shares were bought at an average price of $25.38 per share, with a total value of $4,868,645.40. Following the purchase, the director directly owned 3,971,440 shares in the company, valued at $100,795,147.20. The trade was a 5.08% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last three months, insiders bought 1,255,173 shares of company stock worth $30,812,798. Company insiders own 15.10% of the company’s stock.
Universal Technical Institute Profile
Universal Technical Institute, Inc (NYSE: UTI) is a leading provider of post-secondary education for students pursuing careers as professional automotive, diesel, collision repair, motorcycle and marine technicians, as well as in welding and CNC machining. The company designs and delivers hands-on training through a blend of classroom instruction and experiential lab work, preparing graduates for entry-level positions in the transportation, manufacturing and energy sectors. UTI’s curriculum emphasizes industry-recognized credentials and proprietary coursework developed in collaboration with original equipment manufacturers (OEMs) to ensure alignment with evolving employer needs.
Through a network of campus locations across the United States and select centers in Canada, Universal Technical Institute offers diploma and certificate programs ranging from 36 to 74 weeks in length.
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