Universal Display Corporation $OLED is XXEC Inc.’s 3rd Largest Position

XXEC Inc. boosted its stake in Universal Display Corporation (NASDAQ:OLED) by 26.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 65,661 shares of the semiconductor company’s stock after acquiring an additional 13,615 shares during the quarter. Universal Display accounts for about 7.5% of XXEC Inc.’s portfolio, making the stock its 3rd biggest holding. XXEC Inc.’s holdings in Universal Display were worth $7,668,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of Universal Display by 10.0% in the third quarter. Vanguard Group Inc. now owns 5,069,107 shares of the semiconductor company’s stock valued at $728,076,000 after purchasing an additional 460,792 shares during the period. Primecap Management Co. CA raised its position in shares of Universal Display by 1.9% during the 3rd quarter. Primecap Management Co. CA now owns 2,258,378 shares of the semiconductor company’s stock worth $324,371,000 after purchasing an additional 43,070 shares during the last quarter. State Street Corp raised its position in shares of Universal Display by 4.3% during the 4th quarter. State Street Corp now owns 1,694,779 shares of the semiconductor company’s stock worth $197,916,000 after purchasing an additional 69,163 shares during the last quarter. Geode Capital Management LLC lifted its stake in Universal Display by 25.0% in the 4th quarter. Geode Capital Management LLC now owns 1,109,077 shares of the semiconductor company’s stock valued at $129,537,000 after buying an additional 222,108 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Universal Display by 86.4% in the 4th quarter. JPMorgan Chase & Co. now owns 880,678 shares of the semiconductor company’s stock valued at $102,846,000 after buying an additional 408,315 shares in the last quarter. Hedge funds and other institutional investors own 78.19% of the company’s stock.

Analyst Upgrades and Downgrades

OLED has been the subject of several research reports. The Goldman Sachs Group set a $135.00 price objective on Universal Display in a research note on Tuesday, April 21st. Citigroup lowered their price target on Universal Display from $105.00 to $100.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Zacks Research cut Universal Display from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 21st. Wall Street Zen upgraded Universal Display from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Finally, Roth Mkm set a $168.00 price objective on Universal Display in a research note on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $130.60.

Key Stories 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

Universal Display Stock Performance

Shares of NASDAQ OLED opened at $88.94 on Friday. The stock has a market cap of $4.16 billion, a PE ratio of 19.85 and a beta of 1.54. Universal Display Corporation has a 12-month low of $83.64 and a 12-month high of $162.36. The company has a 50-day moving average of $92.94 and a 200 day moving average of $105.16.

Universal Display (NASDAQ:OLED) last released its earnings results on Thursday, April 30th. The semiconductor company reported $0.76 earnings per share for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.37). The business had revenue of $142.21 million during the quarter, compared to analysts’ expectations of $161.23 million. Universal Display had a return on equity of 12.34% and a net margin of 34.08%.The company’s revenue for the quarter was down 14.5% compared to the same quarter last year. During the same period last year, the business earned $1.35 earnings per share. On average, sell-side analysts forecast that Universal Display Corporation will post 4.23 EPS for the current fiscal year.

Universal Display Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 2.2%. Universal Display’s dividend payout ratio (DPR) is presently 44.64%.

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.