Royal Bank of Canada lessened its holdings in shares of Universal Technical Institute Inc (NYSE:UTI – Free Report) by 5.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 542,541 shares of the company’s stock after selling 28,955 shares during the period. Royal Bank of Canada owned 0.99% of Universal Technical Institute worth $19,585,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Newbridge Financial Services Group Inc. purchased a new position in Universal Technical Institute during the 2nd quarter valued at about $27,000. PNC Financial Services Group Inc. grew its holdings in Universal Technical Institute by 543.5% in the first quarter. PNC Financial Services Group Inc. now owns 888 shares of the company’s stock worth $32,000 after purchasing an additional 750 shares during the period. Clearstead Advisors LLC increased its stake in shares of Universal Technical Institute by 187.5% during the fourth quarter. Clearstead Advisors LLC now owns 1,446 shares of the company’s stock valued at $38,000 after purchasing an additional 943 shares in the last quarter. NewEdge Advisors LLC bought a new position in shares of Universal Technical Institute during the first quarter valued at approximately $57,000. Finally, SBI Securities Co. Ltd. increased its stake in shares of Universal Technical Institute by 4,500.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 5,428 shares of the company’s stock valued at $142,000 after purchasing an additional 5,310 shares in the last quarter. 75.67% of the stock is owned by hedge funds and other institutional investors.
Universal Technical Institute Price Performance
Shares of NYSE UTI opened at $27.99 on Friday. Universal Technical Institute Inc has a twelve month low of $21.29 and a twelve month high of $51.34. The firm has a market cap of $1.54 billion, a P/E ratio of 45.15, a PEG ratio of 3.72 and a beta of 1.25. The company has a 50 day moving average of $41.63 and a 200 day moving average of $37.03. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.38.
Insider Activity at Universal Technical Institute
In related news, insider Kevin Prehn sold 4,545 shares of Universal Technical Institute stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $40.00, for a total value of $181,800.00. Following the completion of the sale, the insider directly owned 27,025 shares in the company, valued at approximately $1,081,000. This trade represents a 14.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Christine Kline sold 3,500 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $44.42, for a total transaction of $155,470.00. Following the transaction, the chief accounting officer owned 43,006 shares in the company, valued at $1,910,326.52. This represents a 7.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,117,545 shares of company stock valued at $128,998,420 over the last three months. 9.80% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the company. Truist Financial dropped their price target on Universal Technical Institute from $47.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday. Rosenblatt Securities reiterated a “buy” rating and set a $45.00 price objective on shares of Universal Technical Institute in a research note on Thursday. Weiss Ratings raised Universal Technical Institute from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, July 28th. Griffin Securities set a $49.00 price target on Universal Technical Institute in a report on Thursday, April 30th. Finally, B. Riley Financial lowered their price target on Universal Technical Institute from $49.00 to $48.00 and set a “buy” rating for the company in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $43.83.
Check Out Our Latest Stock Analysis on Universal Technical Institute
Key Headlines Impacting Universal Technical Institute
Here are the key news stories impacting Universal Technical Institute this week:
- Positive Sentiment: UTI reported fiscal third-quarter adjusted earnings of $0.04 per share, exceeding the $0.02 consensus estimate. New student starts also exceeded expectations, supported by strong demand and contributions from newer campuses. Universal Technical Institute Reports Fiscal Year 2026 Third Quarter Results
- Positive Sentiment: The company expects fiscal 2026 revenue of $893 million to $900 million and plans to add 20% more high-school admissions staff, aiming to expand its enrollment pipeline and support long-term growth targets. UTI Anticipates Fiscal 2026 Revenue and Adds Admissions Staff
- Positive Sentiment: Rosenblatt Securities reaffirmed its “buy” rating with a $45 price target, while B. Riley maintained a “buy” rating and set a $48 target. These targets imply substantial upside from recent trading levels. Analyst Ratings
- Positive Sentiment: UTI opened its first Georgia campus to address skilled-labor shortages, potentially broadening its geographic reach and future student enrollment. UTI Opens First Georgia Campus
- Negative Sentiment: Fiscal 2026 revenue guidance of $893 million to $900 million is below the approximately $910.3 million analyst consensus. The outlook miss appears to outweigh the quarterly EPS beat, raising concerns about near-term growth and execution.
- Negative Sentiment: Quarterly revenue of $218.91 million was slightly below the $220.40 million consensus estimate, reinforcing investor concerns that revenue growth may be softer than previously expected.
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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