23,805 Shares in Universal Display Corporation $OLED Acquired by Cinctive Capital Management LP

Cinctive Capital Management LP acquired a new position in shares of Universal Display Corporation (NASDAQ:OLED) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 23,805 shares of the semiconductor company’s stock, valued at approximately $3,419,000. Cinctive Capital Management LP owned approximately 0.05% of Universal Display as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Universal Display during the second quarter worth $124,480,000. Vanguard Group Inc. boosted its holdings in Universal Display by 10.0% in the third quarter. Vanguard Group Inc. now owns 5,069,107 shares of the semiconductor company’s stock valued at $728,076,000 after acquiring an additional 460,792 shares during the last quarter. Primecap Management Co. CA increased its position in Universal Display by 20.7% in the second quarter. Primecap Management Co. CA now owns 2,215,308 shares of the semiconductor company’s stock worth $342,176,000 after purchasing an additional 379,586 shares during the period. Deprince Race & Zollo Inc. acquired a new stake in Universal Display in the third quarter worth about $32,962,000. Finally, Rafferty Asset Management LLC raised its holdings in Universal Display by 63.2% during the 2nd quarter. Rafferty Asset Management LLC now owns 574,161 shares of the semiconductor company’s stock worth $88,685,000 after purchasing an additional 222,327 shares during the last quarter. 78.19% of the stock is currently owned by institutional investors.

Trending Headlines about Universal Display

Here are the key news stories impacting Universal Display this week:

• Neutral Sentiment: Unrelated industry note — Fabrinet (FN) has risen recently on strong demand for optical and AI‑driven HPC components; this is sector context but not directly tied to OLED. Fabrinet Stock Rises 9% in 3 Months
• Negative Sentiment: Zacks Research cut multiple 2026 and 2027 quarterly EPS estimates for Universal Display and maintained a “Hold” rating — reductions include Q1–Q4 2026 and several 2027 quarters, plus a lower FY2026 view (from $5.28 to $4.86). This broad set of downward revisions signals weaker near‑term growth expectations and is the primary driver of the stock decline. MarketBeat OLED Coverage
• Negative Sentiment: Zacks also lowered specific mid‑ and late‑2027 quarterly forecasts (examples: Q1 2027 to $1.31 from $1.44; Q3 2027 to $1.42 from $1.57; Q4 2027 to $1.48) while issuing an FY2028 estimate of $5.87 — mixed longer‑term view but the immediate impact is negative because near‑term EPS were trimmed. MarketBeat OLED Coverage

Analyst Ratings Changes

Several analysts have weighed in on the company. Wall Street Zen raised Universal Display from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Zacks Research lowered shares of Universal Display from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. Roth Mkm reissued a “buy” rating and set a $180.00 price target on shares of Universal Display in a research note on Friday, February 20th. Needham & Company LLC dropped their price target on shares of Universal Display from $150.00 to $145.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Finally, Citigroup cut their price objective on shares of Universal Display from $150.00 to $130.00 and set a “neutral” rating on the stock in a report on Tuesday, January 27th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Universal Display currently has an average rating of “Hold” and a consensus price target of $151.67.

Universal Display Trading Down 0.7%

NASDAQ:OLED opened at $94.07 on Monday. Universal Display Corporation has a 1-year low of $93.03 and a 1-year high of $163.21. The firm has a market capitalization of $4.43 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 7.39 and a beta of 1.65. The business’s 50-day moving average price is $114.74 and its two-hundred day moving average price is $126.10.

Universal Display (NASDAQ:OLED) last posted its earnings results on Thursday, February 19th. The semiconductor company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.11. The company had revenue of $172.93 million during the quarter, compared to analyst estimates of $173.35 million. Universal Display had a return on equity of 14.07% and a net margin of 37.21%.The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.22 EPS. Sell-side analysts predict that Universal Display Corporation will post 4.71 earnings per share for the current year.

Universal Display Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This is a boost from Universal Display’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a yield of 2.1%. Universal Display’s payout ratio is currently 35.50%.

Universal Display Profile

Universal Display Corporation (NASDAQ: OLED) is a technology company specializing in organic light-emitting diode (OLED) solutions. The company develops and commercializes materials, technologies and software used in the creation of OLED displays and lighting. Its offerings include proprietary phosphorescent OLED (PHOLED) materials, display driver integrated circuits and process technologies that enable higher efficiency, longer lifetimes and improved color performance for a range of display and lighting applications.

Universal Display’s core business is licensing its extensive OLED patent portfolio to display manufacturers and providing them with the key organic materials needed for device fabrication.