First Eagle Investment Management LLC Has $14.24 Million Stock Holdings in Universal Technical Institute Inc $UTI

First Eagle Investment Management LLC lifted its holdings in shares of Universal Technical Institute Inc (NYSE:UTI) by 8.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 437,480 shares of the company’s stock after purchasing an additional 33,504 shares during the period. First Eagle Investment Management LLC’s holdings in Universal Technical Institute were worth $14,240,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in Universal Technical Institute by 47.6% in the first quarter. Royal Bank of Canada now owns 44,564 shares of the company’s stock valued at $1,144,000 after buying an additional 14,364 shares during the period. AQR Capital Management LLC bought a new stake in shares of Universal Technical Institute in the 1st quarter valued at $1,226,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Universal Technical Institute by 23.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,688 shares of the company’s stock valued at $711,000 after acquiring an additional 5,216 shares during the period. NewEdge Advisors LLC bought a new position in Universal Technical Institute during the first quarter worth $57,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Universal Technical Institute by 13.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,223 shares of the company’s stock worth $2,163,000 after purchasing an additional 9,951 shares during the period. Institutional investors and hedge funds own 75.67% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on UTI shares. Rosenblatt Securities reiterated a “buy” rating and set a $36.00 price objective on shares of Universal Technical Institute in a report on Thursday, February 5th. Weiss Ratings downgraded Universal Technical Institute from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 6th. Zacks Research raised Universal Technical Institute from a “strong sell” rating to a “hold” rating in a research note on Friday, February 6th. Barrington Research restated an “outperform” rating and set a $36.00 price objective on shares of Universal Technical Institute in a report on Thursday, February 5th. Finally, Wall Street Zen cut Universal Technical Institute from a “hold” rating to a “sell” rating in a report on Saturday, February 7th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $36.20.

Universal Technical Institute Stock Performance

Shares of UTI opened at $37.50 on Wednesday. The firm has a market capitalization of $2.06 billion, a P/E ratio of 38.66, a P/E/G ratio of 3.24 and a beta of 1.31. Universal Technical Institute Inc has a 52 week low of $21.29 and a 52 week high of $37.68. The stock has a 50 day moving average price of $28.87 and a two-hundred day moving average price of $28.46. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 1.14.

Universal Technical Institute (NYSE:UTI) last posted its earnings results on Wednesday, February 4th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Universal Technical Institute had a return on equity of 16.98% and a net margin of 6.28%.The company had revenue of $220.84 million for the quarter, compared to analyst estimates of $216.65 million. Equities analysts forecast that Universal Technical Institute Inc will post 1 earnings per share for the current fiscal year.

Insider Transactions at Universal Technical Institute

In related news, SVP Carolyn Ann Frank sold 1,750 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $30.08, for a total transaction of $52,640.00. Following the transaction, the senior vice president directly owned 30,272 shares in the company, valued at approximately $910,581.76. The trade was a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jerome Alan Grant sold 60,040 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $34.95, for a total transaction of $2,098,398.00. Following the completion of the sale, the chief executive officer directly owned 430,215 shares of the company’s stock, valued at $15,036,014.25. The trade was a 12.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 9.80% 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.