Hood River Capital Management LLC Acquires 359,193 Shares of Universal Technical Institute Inc $UTI

Hood River Capital Management LLC boosted its position in shares of Universal Technical Institute Inc (NYSE:UTI) by 35.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 1,380,785 shares of the company’s stock after acquiring an additional 359,193 shares during the quarter. Hood River Capital Management LLC’s holdings in Universal Technical Institute were worth $46,795,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in UTI. Vanguard Group Inc. lifted its position in Universal Technical Institute by 11.2% during the first quarter. Vanguard Group Inc. now owns 3,052,652 shares of the company’s stock valued at $78,392,000 after purchasing an additional 306,984 shares during the period. Lord Abbett & CO. LLC lifted its position in shares of Universal Technical Institute by 58.3% during the 1st quarter. Lord Abbett & CO. LLC now owns 2,924,499 shares of the company’s stock valued at $75,101,000 after buying an additional 1,077,076 shares in the last quarter. Congress Asset Management Co. acquired a new stake in shares of Universal Technical Institute in the second quarter valued at about $63,265,000. American Century Companies Inc. increased its stake in Universal Technical Institute by 15.7% during the 2nd quarter. American Century Companies Inc. now owns 1,554,199 shares of the company’s stock worth $52,672,000 after buying an additional 210,377 shares in the last quarter. Finally, Next Century Growth Investors LLC boosted its stake in shares of Universal Technical Institute by 5.8% in the first quarter. Next Century Growth Investors LLC now owns 1,049,742 shares of the company’s stock worth $26,957,000 after acquiring an additional 57,990 shares during the last quarter. 75.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Zacks Research lowered shares of Universal Technical Institute from a “hold” rating to a “strong sell” rating in a report on Monday, October 6th. Rosenblatt Securities reissued a “buy” rating and set a $36.00 target price 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 Monday, December 1st. Barrington Research reaffirmed an “outperform” rating and set a $36.00 target price on shares of Universal Technical Institute in a research note on Thursday, November 20th. Finally, Wall Street Zen lowered Universal Technical Institute from a “buy” rating to a “hold” rating in a research report on Sunday, September 21st. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Universal Technical Institute presently has an average rating of “Moderate Buy” and a consensus price target of $35.83.

Universal Technical Institute Price Performance

Shares of UTI opened at $25.45 on Monday. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 22.33, a PEG ratio of 2.23 and a beta of 1.37. The firm’s fifty day simple moving average is $29.16 and its 200-day simple moving average is $30.22. Universal Technical Institute Inc has a twelve month low of $21.29 and a twelve month high of $36.32. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.83.

Universal Technical Institute (NYSE:UTI) last posted its earnings results on Wednesday, November 19th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.26 by $0.08. The firm had revenue of $222.44 million for the quarter, compared to analyst estimates of $219.33 million. Universal Technical Institute had a return on equity of 25.65% and a net margin of 7.54%.Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. Equities analysts forecast that Universal Technical Institute Inc will post 1 EPS for the current fiscal year.

Insider Buying and Selling at Universal Technical Institute

In other Universal Technical Institute news, Director Coliseum Capital Management, L purchased 191,830 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was purchased at an average cost of $25.38 per share, with a total value of $4,868,645.40. Following the completion of the acquisition, the director directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders bought 1,255,173 shares of company stock worth $30,812,798. 15.10% of the stock is currently owned by company insiders.

About Universal Technical Institute

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.