Franklin Resources Inc. Purchases New Shares in Universal Technical Institute Inc $UTI

Franklin Resources Inc. purchased a new position in shares of Universal Technical Institute Inc (NYSE:UTI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 21,289 shares of the company’s stock, valued at approximately $721,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Penserra Capital Management LLC acquired a new stake in shares of Universal Technical Institute during the second quarter valued at about $28,000. KBC Group NV acquired a new position in shares of Universal Technical Institute in the second quarter worth about $34,000. PNC Financial Services Group Inc. boosted its holdings in Universal Technical Institute by 17,142.9% in the second quarter. PNC Financial Services Group Inc. now owns 1,207 shares of the company’s stock valued at $41,000 after purchasing an additional 1,200 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in Universal Technical Institute during the 1st quarter valued at approximately $57,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Universal Technical Institute during the 1st quarter worth approximately $68,000. 75.67% of the stock is owned by hedge funds and other institutional investors.

Universal Technical Institute Stock Performance

Universal Technical Institute stock opened at $25.45 on Monday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.07 and a quick ratio of 1.07. Universal Technical Institute Inc has a 12 month low of $21.29 and a 12 month high of $36.32. The company has a fifty day moving average price of $29.16 and a two-hundred day moving average price of $30.22. The company has a market cap of $1.39 billion, a PE ratio of 22.33, a P/E/G ratio of 2.23 and a beta of 1.37.

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

Analyst Upgrades and Downgrades

UTI has been the subject of several research analyst reports. Rosenblatt Securities reiterated 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 reiterated a “buy (b-)” rating on shares of Universal Technical Institute in a research note on Monday, December 1st. Barrington Research reissued an “outperform” rating and set a $36.00 price objective on shares of Universal Technical Institute in a report on Thursday, November 20th. Zacks Research lowered shares of Universal Technical Institute from a “hold” rating to a “strong sell” rating in a research note on Monday, October 6th. Finally, Wall Street Zen cut shares of 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 company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $35.83.

Insiders Place Their Bets

In other Universal Technical Institute news, Director Coliseum Capital Management, L bought 191,830 shares of the business’s stock in a transaction on Friday, December 5th. The shares were purchased at an average price 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 approximately $100,795,147.20. The trade was a 5.08% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders have bought a total of 1,255,173 shares of company stock worth $30,812,798 in the last quarter. 15.10% of the stock is owned by corporate insiders.

Universal Technical Institute Profile

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.