Truist Securities Reiterates Buy Rating on Universal Technical Institute
Truist Securities maintains its buy rating for UTI with a $47 price target, a 9.89% upside from the current price.
Key Points
- Truist Securities reiterated its buy rating on Universal Technical Institute, Inc. (NYSE:UTI) on June 29, 2026, with a price target of $47.
- Truist Securities's $47 price target implies 9.89% upside from Universal Technical Institute, Inc.'s ($UTI) current $42.77 share price.
- Shares of UTI traded near $41.59 on Monday, with a market cap of $2.29 billion and a P/E ratio of 54.72.
- Coliseum Capital Management holds 3,971,440 shares of UTI, while BlackRock reduced its position slightly by 7,414 shares.
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Truist Securities reiterated its buy rating on Universal Technical Institute, Inc. (NYSE:UTI) on June 29, 2026. Analyst Jasper Bibb set a price target of $47 for the stock. This comes as UTI shares traded near $41.59 on Monday, reflecting the firm's confidence in the company's prospects.
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Other Institutional Activity in Universal Technical Institute
Coliseum Capital Management, LLC holds a steady position in UTI with 3,971,440 shares valued at approximately $143.37 million. BlackRock, Inc. trimmed its holdings slightly, reducing its position by 7,414 shares to a total of 3,623,372 shares worth about $130.80 million. Vanguard Capital Management LLC opened a new position with 2,172,384 shares valued at $78.42 million. Congress Asset Management Co increased its stake by 458,805 shares, ending with 2,152,978 shares valued at $77.72 million. Meanwhile, Wasatch Advisors LP grew its holdings by 223,893 shares, bringing its total to 1,978,776 shares worth around $71.43 million.
Universal Technical Institute, Inc. Stock Up 100.7%
Shares of Universal Technical Institute, Inc. (NYSE:UTI) traded near $41.59 on Monday. The company has a market cap of approximately $2.29 billion and a P/E ratio of 54.72, with a forward P/E of 44.72. Its beta stands at 1.249, indicating a higher volatility compared to the market. The stock's 52-week range is between $21.29 and $45.74, with a 50-day moving average of $38.79 and a 200-day moving average of $32.37. The company's current ratio is 1.172, and its quick ratio is 0.996, while its debt-to-equity ratio is 93.031.
$UTI price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Universal Technical Institute reported revenue of $868.99 million, reflecting a growth rate of 6.7%. The company's net margin is 4.91%, and it has a return on equity of 13.47%. Earnings per share came in at $0.76. The next earnings report is scheduled for August 5, 2026.
Insider Buying and Selling at Universal Technical Institute, Inc.
Several insiders have been active in trading UTI shares recently. On June 22, 2026, Kevin Prehn, the Concorde Division President, sold 4,545 shares at an average price of $40. On June 8, 2026, Coliseum Capital Management, LLC sold 3,000,000 shares at $41.40 each. Christine Kline, Senior Vice President and CAO, sold 3,500 shares at $44.42 on June 5, 2026. Additionally, Tracy Kay Lorenz, SVP and UTI Division President, sold 22,073 shares at $40.06 on May 27, 2026, and bought 42,243 shares earlier on May 25, 2026.
Analysts Set New Price Targets
On June 29, 2026, Truist Securities maintained its buy rating on Universal Technical Institute with a price target of $47. Barrington Research also maintained its buy rating with a $42 target on May 7, 2026. Rosenblatt echoed this sentiment, maintaining a buy rating with a $45 target on the same date. The overall analyst consensus is positive, with a mean target price of $42.50 among six analysts.
About Universal Technical Institute
Universal Technical Institute, Inc. offers education programs in transportation, skilled trades, and healthcare across the United States. Operating under the UTI and Concorde segments, the company provides certificate, diploma, and degree programs, along with advanced training in collaboration with manufacturers. Founded in 1965, the company is headquartered in Phoenix, Arizona, and is led by CEO Mr. Jerome A. Grant. UTI employs approximately 4,100 people.
Bottom Line
Truist Securities' reiteration of its buy rating on Universal Technical Institute highlights ongoing confidence in the company's performance. Investors keep a close eye on such analyst ratings as they provide insights into expected stock performance. It's important to remember that these ratings and targets reflect past data and projections, which may not represent current market conditions.
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