Pacer Advisors Inc. Acquires 107,311 Shares of Universal Display Corporation $OLED

Pacer Advisors Inc. lifted its holdings in shares of Universal Display Corporation (NASDAQ:OLED) by 1,820.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 113,207 shares of the semiconductor company’s stock after acquiring an additional 107,311 shares during the period. Pacer Advisors Inc.’s holdings in Universal Display were worth $13,220,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of OLED. Invesco Ltd. grew its position in Universal Display by 47.1% in the fourth quarter. Invesco Ltd. now owns 219,059 shares of the semiconductor company’s stock valued at $25,582,000 after acquiring an additional 70,141 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in Universal Display by 4.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 5,096 shares of the semiconductor company’s stock worth $595,000 after acquiring an additional 227 shares in the last quarter. Vident Advisory LLC lifted its holdings in shares of Universal Display by 16.0% in the fourth quarter. Vident Advisory LLC now owns 3,519 shares of the semiconductor company’s stock worth $411,000 after acquiring an additional 486 shares during the last quarter. Mackenzie Financial Corp bought a new position in shares of Universal Display in the fourth quarter worth about $364,000. Finally, Sunstone Asset Management L.P. acquired a new stake in shares of Universal Display in the 4th quarter valued at approximately $1,076,000. 78.19% of the stock is currently owned by institutional investors.

Universal Display Stock Performance

Universal Display stock opened at $88.94 on Friday. The stock has a 50-day moving average price of $92.94 and a two-hundred day moving average price of $105.16. Universal Display Corporation has a 12 month low of $83.64 and a 12 month high of $162.36. The company has a market capitalization of $4.16 billion, a PE ratio of 19.85 and a beta of 1.54.

Universal Display (NASDAQ:OLED) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.37). Universal Display had a return on equity of 12.34% and a net margin of 34.08%.The firm had revenue of $142.21 million for the quarter, compared to the consensus estimate of $161.23 million. During the same quarter last year, the firm posted $1.35 earnings per share. The business’s revenue for the quarter was down 14.5% on a year-over-year basis. As a group, analysts predict that Universal Display Corporation will post 4.23 earnings per share for the current fiscal year.

Universal Display Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, June 16th. This represents a $2.00 annualized dividend and a yield of 2.2%. Universal Display’s dividend payout ratio (DPR) is currently 44.64%.

Key Headlines Impacting Universal Display

Here are the key news stories impacting Universal Display this week:

• Positive Sentiment: Zacks Research slightly raised its longer-term outlook for Universal Display, increasing FY2028 EPS estimates to $5.61 from $5.58 and lifting Q4 2027 EPS to $1.29 from $1.26, which suggests some improvement in expected earnings power. Universal Display analyst estimate updates
• Neutral Sentiment: The firm also nudged Q3 2027 EPS higher to $1.35 from $1.30, reinforcing that analysts see stronger earnings potential further out even as the rating remains bearish. Universal Display analyst estimate updates
• Negative Sentiment: Zacks trimmed several near- and medium-term estimates, including FY2026 EPS to $4.15 from $4.16, FY2027 EPS to $4.92 from $4.96, Q2 2027 EPS to $1.23 from $1.27, Q1 2027 EPS to $1.06 from $1.13, Q3 2026 EPS to $1.10 from $1.11, and Q2 2026 EPS to $1.03 from $1.04, signaling softer expectations ahead. Universal Display analyst estimate cuts
• Negative Sentiment: These revisions matter because Universal Display’s recent quarterly results already disappointed, with the company missing consensus EPS and revenue estimates, so investors may view the stock as facing ongoing earnings headwinds. Universal Display earnings history

Analysts Set New Price Targets

Several brokerages recently issued reports on OLED. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Universal Display in a report on Monday, March 23rd. Citigroup dropped their price objective on shares of Universal Display from $105.00 to $100.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. The Goldman Sachs Group set a $135.00 target price on shares of Universal Display in a research report on Tuesday, April 21st. Needham & Company LLC decreased their target price on shares of Universal Display from $145.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Finally, Wall Street Zen upgraded shares of Universal Display from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $130.60.

About Universal Display

Universal Display Corporation (NASDAQ: OLED) is a technology company specializing in organic light-emitting diode (OLED) solutions. The company develops and commercializes materials, technologies and software used in the creation of OLED displays and lighting. Its offerings include proprietary phosphorescent OLED (PHOLED) materials, display driver integrated circuits and process technologies that enable higher efficiency, longer lifetimes and improved color performance for a range of display and lighting applications.

Universal Display’s core business is licensing its extensive OLED patent portfolio to display manufacturers and providing them with the key organic materials needed for device fabrication.