Amundi Raises Holdings in Universal Display Corporation $OLED

Key Points

• Amundi increased its Universal Display stake by 54% in the first quarter, adding 161,069 shares to own 459,316 shares worth approximately $42.1 million. Institutional investors collectively hold about 78.2% of the company.
• Universal Display reported quarterly EPS of $1.06, slightly above expectations, but revenue of $152.2 million missed estimates and declined 11.4% year over year. The stock opened at $80.16, near its 52-week low of $76.42.
• The company declared a quarterly dividend of $0.50 per share, equivalent to a 2.5% annualized yield, while analysts maintained a consensus “Hold” rating and lowered several price targets amid concerns about weaker growth and materials sales.

Amundi boosted its holdings in shares of Universal Display Corporation (NASDAQ:OLED - Free Report) by 54.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 459,316 shares of the semiconductor company's stock after acquiring an additional 161,069 shares during the period. Amundi owned about 0.98% of Universal Display worth $42,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC purchased a new position in Universal Display during the 3rd quarter worth $33,000. RHL Group LLC purchased a new stake in Universal Display during the 4th quarter valued at about $60,000. Canada Pension Plan Investment Board purchased a new stake in Universal Display during the 2nd quarter valued at about $62,000. UMB Bank n.a. increased its holdings in shares of Universal Display by 28.3% in the fourth quarter. UMB Bank n.a. now owns 549 shares of the semiconductor company's stock valued at $64,000 after purchasing an additional 121 shares during the period. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of Universal Display in the fourth quarter valued at about $75,000. Hedge funds and other institutional investors own 78.19% of the company's stock.

Universal Display Stock Performance

NASDAQ:OLED opened at $80.16 on Monday. Universal Display Corporation has a one year low of $76.42 and a one year high of $153.38. The stock has a market cap of $3.75 billion, a PE ratio of 19.41 and a beta of 1.54. The stock has a 50 day moving average price of $85.44 and a 200 day moving average price of $96.94.

Universal Display (NASDAQ:OLED - Get Free Report) last issued its earnings results on Thursday, July 30th. The semiconductor company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.03. The company had revenue of $152.16 million during the quarter, compared to analysts' expectations of $157.54 million. Universal Display had a return on equity of 11.35% and a net margin of 32.24%.The firm's quarterly revenue was down 11.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.41 EPS. As a group, analysts predict that Universal Display Corporation will post 4.2 earnings per share for the current fiscal year.

Universal Display Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, September 16th. Universal Display's dividend payout ratio (DPR) is presently 48.43%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on OLED shares. Citigroup decreased their price objective on Universal Display from $105.00 to $100.00 and set a "neutral" rating for the company in a report on Monday, May 4th. Susquehanna dropped their price objective on Universal Display from $110.00 to $90.00 and set a "neutral" rating on the stock in a report on Friday. BTIG Research cut Universal Display to a "neutral" rating in a research report on Friday. Oppenheimer reaffirmed an "outperform" rating and set a $120.00 target price (down from $130.00) on shares of Universal Display in a research note on Friday. Finally, Weiss Ratings lowered Universal Display from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Tuesday, July 28th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $118.83.

More Universal Display News

Here are the key news stories impacting Universal Display this week:

• Positive Sentiment: Universal Display reported second-quarter earnings of $1.06 per share, exceeding the $1.04 consensus estimate. Royalty revenue growth helped offset weaker-than-expected materials sales. OLED Q2 Earnings Beat Estimates on Royalty Growth, Material Sales Lag
• Positive Sentiment: The company declared a quarterly cash dividend of $0.50 per share, payable September 30 to shareholders of record September 16. The payment represents an annualized dividend of approximately $2.00 and a yield near 2.5%, providing ongoing shareholder support. Universal Display Corporation Announces Quarterly Cash Dividend
• Neutral Sentiment: Susquehanna lowered its price target on OLED from $110 to $90 and changed its rating to “neutral.” Although the revised target still implies upside from recent trading levels, the downgrade signals reduced confidence in near-term growth. Susquehanna Price-Target Update
• Negative Sentiment: Second-quarter revenue was $152.16 million, below the roughly $157.5 million consensus estimate and down 11.4% year over year. EPS also declined from $1.41 a year earlier, indicating that the earnings beat was not driven by broad-based growth. Universal Display Second-Quarter Earnings Report
• Negative Sentiment: Universal Display’s fiscal 2026 revenue outlook of approximately $630 million trails the $646.4 million analyst consensus. Demand softness and weaker materials sales have pushed expectations toward the low end of guidance, raising concerns about OLED industry momentum.

Universal Display Profile

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.

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