Federated Hermes Inc. Cuts Stake in Universal Technical Institute Inc $UTI

Federated Hermes Inc. trimmed its stake in Universal Technical Institute Inc (NYSE:UTI) by 15.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 212,038 shares of the company’s stock after selling 39,231 shares during the quarter. Federated Hermes Inc. owned about 0.39% of Universal Technical Institute worth $6,902,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. acquired a new stake in shares of Universal Technical Institute during the 2nd quarter worth $27,000. Penserra Capital Management LLC acquired a new position in Universal Technical Institute in the second quarter valued at $28,000. KBC Group NV purchased a new stake in Universal Technical Institute during the second quarter valued at about $34,000. PNC Financial Services Group Inc. increased its stake in Universal Technical Institute by 17,142.9% during the second quarter. PNC Financial Services Group Inc. now owns 1,207 shares of the company’s stock worth $41,000 after acquiring an additional 1,200 shares during the last quarter. Finally, NewEdge Advisors LLC acquired a new stake in Universal Technical Institute during the first quarter worth about $57,000. Hedge funds and other institutional investors own 75.67% of the company’s stock.

Universal Technical Institute Stock Up 4.1%

UTI stock opened at $28.98 on Tuesday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.26. The firm has a 50 day simple moving average of $26.40 and a 200-day simple moving average of $28.32. The company has a market capitalization of $1.59 billion, a P/E ratio of 25.42, a PEG ratio of 2.42 and a beta of 1.36. Universal Technical Institute Inc has a twelve month low of $21.29 and a twelve month high of $36.32.

Universal Technical Institute (NYSE:UTI) last posted its quarterly earnings data on Wednesday, November 19th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.08. The firm had revenue of $222.44 million for the quarter, compared to the consensus estimate of $219.33 million. Universal Technical Institute had a net margin of 7.54% and a return on equity of 20.85%. Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. On average, equities research analysts predict that Universal Technical Institute Inc will post 1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on UTI. Barrington Research reiterated an “outperform” rating and set a $36.00 price objective on shares of Universal Technical Institute in a research note on Wednesday, January 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Universal Technical Institute in a research report on Monday, December 29th. Rosenblatt Securities reiterated a “buy” rating and issued a $36.00 price target on shares of Universal Technical Institute in a report on Thursday, November 20th. Finally, Zacks Research cut Universal Technical Institute from a “hold” rating to a “strong sell” rating in a research note on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Universal Technical Institute has an average rating of “Moderate Buy” and a consensus target price of $35.83.

Insider Buying and Selling

In other news, Director Coliseum Capital Management, L acquired 467,020 shares of Universal Technical Institute stock in a transaction that occurred on Tuesday, December 2nd. The shares were purchased at an average cost of $24.40 per share, for a total transaction of $11,395,288.00. Following the completion of the purchase, the director directly owned 3,424,374 shares of the company’s stock, valued at $83,554,725.60. This trade represents a 15.79% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders purchased 1,255,173 shares of company stock worth $30,812,798. Company insiders own 9.80% of the company’s stock.

Universal Technical Institute Company 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.