Universal Technical Institute Inc $UTI Shares Sold by RiverPark Advisors LLC

RiverPark Advisors LLC trimmed its holdings in shares of Universal Technical Institute Inc (NYSE:UTI) by 24.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,150 shares of the company’s stock after selling 3,001 shares during the quarter. RiverPark Advisors LLC’s holdings in Universal Technical Institute were worth $310,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of UTI. Penserra Capital Management LLC acquired a new position in shares of Universal Technical Institute in the 2nd quarter worth approximately $28,000. KBC Group NV purchased a new stake in shares of Universal Technical Institute in the 2nd quarter valued at $34,000. PNC Financial Services Group Inc. lifted its stake in 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 acquiring an additional 1,200 shares in the last quarter. CWM LLC lifted its stake in Universal Technical Institute by 105.0% during the 1st quarter. CWM LLC now owns 2,167 shares of the company’s stock worth $56,000 after acquiring an additional 1,110 shares in the last quarter. Finally, NewEdge Advisors LLC purchased a new position in Universal Technical Institute during the 1st quarter valued at about $57,000. 75.67% of the stock is currently owned by hedge funds and other institutional investors.

Universal Technical Institute Stock Up 5.1%

Universal Technical Institute stock opened at $22.88 on Wednesday. The stock has a market cap of $1.25 billion, a PE ratio of 20.07, a P/E/G ratio of 2.27 and a beta of 1.55. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.00 and a quick ratio of 1.00. The stock’s fifty day moving average is $30.00 and its two-hundred day moving average is $30.78. Universal Technical Institute Inc has a 1-year low of $21.29 and a 1-year high of $36.32.

Universal Technical Institute (NYSE:UTI) last released its quarterly earnings data on Wednesday, November 19th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.08. Universal Technical Institute had a return on equity of 22.12% and a net margin of 7.79%.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. On average, sell-side analysts expect that Universal Technical Institute Inc will post 1 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. Rosenblatt Securities reiterated a “buy” rating and set a $36.00 price target on shares of Universal Technical Institute in a research note on Thursday, November 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Universal Technical Institute in a report on Wednesday, November 19th. Zacks Research lowered shares of Universal Technical Institute from a “hold” rating to a “strong sell” rating in a report on Monday, October 6th. Barrington Research reissued an “outperform” rating and issued a $36.00 price target on shares of Universal Technical Institute in a research report on Thursday, November 20th. Finally, Wall Street Zen lowered Universal Technical Institute from a “buy” rating to a “hold” rating in a report on Sunday, September 21st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Universal Technical Institute currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.83.

Universal Technical Institute Profile

Universal Technical Institute, Inc provides transportation, skilled trades, and healthcare education programs in the United States. The company operates in two segments, UTI and Concorde. It offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.