Fortress Investment Group LLC Purchases Shares of 174,111 Universal Technical Institute Inc $UTI

Fortress Investment Group LLC purchased a new stake in Universal Technical Institute Inc (NYSE:UTI) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 174,111 shares of the company’s stock, valued at approximately $5,901,000. Universal Technical Institute accounts for approximately 0.8% of Fortress Investment Group LLC’s holdings, making the stock its 23rd biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in Universal Technical Institute by 11.2% in the 1st quarter. Vanguard Group Inc. now owns 3,052,652 shares of the company’s stock worth $78,392,000 after purchasing an additional 306,984 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Universal Technical Institute by 8.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 381,650 shares of the company’s stock worth $9,801,000 after buying an additional 31,020 shares during the period. Virtu Financial LLC acquired a new position in shares of Universal Technical Institute during the first quarter worth about $200,000. Nuveen LLC bought a new position in shares of Universal Technical Institute during the first quarter worth about $6,761,000. Finally, Independent Advisor Alliance raised its position in Universal Technical Institute by 98.3% in the 1st quarter. Independent Advisor Alliance now owns 24,110 shares of the company’s stock valued at $619,000 after buying an additional 11,953 shares during the last quarter. 75.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on UTI shares. Barrington Research reaffirmed an “outperform” rating and set a $36.00 price target on shares of Universal Technical Institute in a research note on Thursday, November 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Universal Technical Institute in a research report on Monday. Zacks Research cut shares of Universal Technical Institute from a “hold” rating to a “strong sell” rating in a research report on Monday, October 6th. Wall Street Zen downgraded Universal Technical Institute from a “buy” rating to a “hold” rating in a research report on Sunday, September 21st. Finally, Rosenblatt Securities reissued a “buy” rating and set a $36.00 price target on shares of Universal Technical Institute in a research report on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $35.83.

Universal Technical Institute Stock Performance

UTI opened at $24.81 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.83. Universal Technical Institute Inc has a 12-month low of $21.29 and a 12-month high of $36.32. The business has a 50 day moving average of $28.44 and a 200-day moving average of $29.93. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 2.18 and a beta of 1.37.

Universal Technical Institute (NYSE:UTI) last posted its earnings results on Wednesday, November 19th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08. Universal Technical Institute had a return on equity of 25.65% and a net margin of 7.54%.The business had revenue of $222.44 million for 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. On average, equities research analysts expect that Universal Technical Institute Inc will post 1 earnings per share for the current year.

Insider Buying and Selling at Universal Technical Institute

In related news, Director Coliseum Capital Management, L bought 467,020 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The stock was bought at an average price of $24.40 per share, for a total transaction of $11,395,288.00. Following the purchase, the director owned 3,424,374 shares in the company, valued at $83,554,725.60. This represents a 15.79% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought 1,255,173 shares of company stock valued at $30,812,798 over the last 90 days. 15.10% of the stock is owned by corporate 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.