Barrington Research reiterated their outperform rating on shares of Universal Technical Institute (NYSE:UTI – Free Report) in a research report report published on Wednesday morning,Benzinga reports. Barrington Research currently has a $36.00 price target on the stock.
UTI has been the subject of several other reports. Zacks Research downgraded shares of Universal Technical Institute from a “hold” rating to a “strong sell” rating in a report on Monday, October 6th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Universal Technical Institute in a report on Monday, December 29th. Finally, Rosenblatt Securities restated a “buy” rating and set a $36.00 price target on shares of Universal Technical Institute in a report on Thursday, November 20th. One equities research 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.83.
Read Our Latest Stock Report on UTI
Universal Technical Institute Stock Performance
Universal Technical Institute (NYSE:UTI – Get Free Report) last posted its earnings results on Wednesday, November 19th. The company reported $0.34 earnings per share 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 firm had revenue of $222.44 million during the quarter, compared to analyst estimates of $219.33 million. Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. As a group, equities research analysts expect that Universal Technical Institute will post 1 earnings per share for the current fiscal year.
Insider Activity
In other news, Director Coliseum Capital Management, L bought 191,830 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was acquired at an average cost of $25.38 per share, for a total transaction of $4,868,645.40. Following the completion of the purchase, the director owned 3,971,440 shares of the company’s stock, valued at $100,795,147.20. This trade represents a 5.08% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders purchased 1,255,173 shares of company stock worth $30,812,798 in the last quarter. Insiders own 15.10% of the company’s stock.
Institutional Investors Weigh In On Universal Technical Institute
Institutional investors and hedge funds have recently bought and sold shares of the business. Newbridge Financial Services Group Inc. bought a new position in shares of Universal Technical Institute during the 2nd quarter worth about $27,000. Penserra Capital Management LLC acquired a new position in Universal Technical Institute in the second quarter worth about $28,000. KBC Group NV bought a new position in Universal Technical Institute during the second quarter worth about $34,000. PNC Financial Services Group Inc. lifted 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 purchasing an additional 1,200 shares during the period. Finally, NewEdge Advisors LLC acquired a new stake in Universal Technical Institute during the first quarter valued at approximately $57,000. Institutional investors own 75.67% of the company’s stock.
About Universal Technical Institute
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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