Universal Electronics Inc. (UEIC) To Go Ex-Dividend on August 24th

Universal Electronics Inc. (NASDAQ:UEIC) declared a special dividend on Wednesday, August 5th. Stockholders of record on Monday, August 24th will be given a dividend of 0.24 per share by the technology company on Thursday, October 15th. The ex-dividend date is Monday, August 24th.

Universal Electronics Stock Performance

Shares of NASDAQ UEIC traded down $0.04 during midday trading on Friday, hitting $4.76. 224,964 shares of the stock traded hands, compared to its average volume of 52,248. Universal Electronics has a one year low of $2.69 and a one year high of $5.99. The company has a market cap of $60.12 million, a PE ratio of -3.17 and a beta of 1.19. The business has a 50 day moving average price of $4.40 and a two-hundred day moving average price of $4.20.

Universal Electronics (NASDAQ:UEIC) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.31. The firm had revenue of $73.24 million during the quarter, compared to analysts’ expectations of $78.13 million. Universal Electronics had a negative net margin of 5.54% and a positive return on equity of 0.41%. Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC purchased a new stake in Universal Electronics in the 3rd quarter worth approximately $64,000. GSA Capital Partners LLP purchased a new position in Universal Electronics in the second quarter worth about $83,000. Quadrature Capital Ltd increased its holdings in shares of Universal Electronics by 47.6% in the 4th quarter. Quadrature Capital Ltd now owns 24,957 shares of the technology company’s stock worth $90,000 after purchasing an additional 8,044 shares in the last quarter. XTX Topco Ltd boosted its holdings in shares of Universal Electronics by 41.5% during the 4th quarter. XTX Topco Ltd now owns 36,175 shares of the technology company’s stock valued at $131,000 after acquiring an additional 10,604 shares during the last quarter. Finally, Prelude Capital Management LLC boosted its stake in shares of Universal Electronics by 88.7% in the 3rd quarter. Prelude Capital Management LLC now owns 29,161 shares of the technology company’s stock worth $136,000 after buying an additional 13,705 shares during the last quarter. 79.35% of the stock is owned by hedge funds and other institutional investors.

Universal Electronics Company Profile

Universal Electronics Inc (NASDAQ:UEIC) is a leading provider of sensing and control technologies for the smart home and consumer electronics markets. The company specializes in design, development and manufacturing of remote control devices, wireless connectivity modules and integrated sensing solutions. Its core expertise lies in infrared (IR) and radio frequency (RF) remote controls, voice-enabled control devices and universal remotes that allow consumers to manage multiple home entertainment and automation systems through a single interface.

In addition to traditional remote control products, Universal Electronics has expanded its portfolio to include Internet of Things (IoT) gateways, home-automation hubs and cloud-based management platforms.