Thrivent Financial for Lutherans Acquires New Position in Universal Technical Institute Inc $UTI

Thrivent Financial for Lutherans acquired a new stake in Universal Technical Institute Inc (NYSE:UTI) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 857,889 shares of the company’s stock, valued at approximately $27,924,000. Thrivent Financial for Lutherans owned about 1.58% of Universal Technical Institute as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in UTI. Newbridge Financial Services Group Inc. acquired a new position in shares of Universal Technical Institute in the 2nd quarter valued at $27,000. Penserra Capital Management LLC bought a new position in Universal Technical Institute during the second quarter worth about $28,000. KBC Group NV acquired a new position in shares of Universal Technical Institute during the 2nd quarter worth about $34,000. PNC Financial Services Group Inc. grew its position in shares of Universal Technical Institute by 17,142.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,207 shares of the company’s stock worth $41,000 after buying an additional 1,200 shares during the period. Finally, NewEdge Advisors LLC bought a new stake in shares of Universal Technical Institute in the 1st quarter valued at about $57,000. Institutional investors own 75.67% of the company’s stock.

Universal Technical Institute Trading Up 4.1%

Shares of NYSE:UTI opened at $28.98 on Tuesday. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 25.42, a PEG ratio of 2.42 and a beta of 1.36. Universal Technical Institute Inc has a 12 month low of $21.29 and a 12 month high of $36.32. The company’s fifty day simple moving average is $26.40 and its 200 day simple moving average is $28.32. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.26.

Universal Technical Institute (NYSE:UTI) last released its earnings results on Wednesday, November 19th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm 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. As a group, research analysts forecast that Universal Technical Institute Inc will post 1 EPS for the current fiscal year.

Insiders Place Their Bets

In other Universal Technical Institute news, Director Coliseum Capital Management, L purchased 467,020 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The stock was bought at an average cost of $24.40 per share, with a total value of $11,395,288.00. Following the purchase, the director directly owned 3,424,374 shares of the company’s stock, valued at $83,554,725.60. The trade was a 15.79% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Over the last three months, insiders purchased 1,255,173 shares of company stock worth $30,812,798. Corporate insiders own 9.80% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.