Harbor Capital Advisors Inc. Has $3.51 Million Position in Universal Technical Institute Inc $UTI

Harbor Capital Advisors Inc. trimmed its stake in Universal Technical Institute Inc (NYSE:UTI) by 69.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 107,925 shares of the company’s stock after selling 240,860 shares during the quarter. Harbor Capital Advisors Inc. owned about 0.20% of Universal Technical Institute worth $3,513,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Hsbc Holdings PLC acquired a new position in shares of Universal Technical Institute during the first quarter valued at about $256,000. Northern Trust Corp boosted its position in shares of Universal Technical Institute by 12.2% during the first quarter. Northern Trust Corp now owns 419,201 shares of the company’s stock valued at $10,765,000 after buying an additional 45,447 shares during the last quarter. Raymond James Financial Inc. raised its position in Universal Technical Institute by 435.0% in the 1st quarter. Raymond James Financial Inc. now owns 206,661 shares of the company’s stock valued at $5,307,000 after buying an additional 168,034 shares during the last quarter. Strs Ohio purchased a new position in Universal Technical Institute during the 1st quarter worth $306,000. Finally, Longboard Asset Management LP bought a new stake in shares of Universal Technical Institute in the 2nd quarter worth $214,000. 75.67% of the stock is owned by institutional investors and hedge funds.

Universal Technical Institute Trading Up 0.6%

Shares of UTI opened at $27.26 on Thursday. The business’s 50-day moving average price is $27.76 and its 200-day moving average price is $29.39. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.26. Universal Technical Institute Inc has a twelve month low of $21.29 and a twelve month high of $36.32. The stock has a market cap of $1.48 billion, a PE ratio of 23.91, a P/E/G ratio of 2.37 and a beta of 1.37.

Universal Technical Institute (NYSE:UTI) last announced its quarterly 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. Universal Technical Institute had a net margin of 7.54% and a return on equity of 20.85%. The firm had revenue of $222.44 million during 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. On average, equities analysts forecast that Universal Technical Institute Inc will post 1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other news, Director Coliseum Capital Management, L acquired 191,830 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was purchased at an average cost of $25.38 per share, for a total transaction of $4,868,645.40. Following the acquisition, the director 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders bought a total of 1,255,173 shares of company stock worth $30,812,798 in the last quarter. Company insiders own 15.10% of the company’s stock.

Universal Technical Institute Profile

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.