UBS Group AG Raises Stake in Universal Display Corporation $OLED

Key Points

• UBS Group AG increased its stake in Universal Display by 100.8% to 646,787 shares (about 1.36% of the company), valued at roughly $75.5 million, reflecting rising institutional interest.
• Q1 earnings missed — EPS $0.76 vs. $1.13 expected and revenue $142.2M (down ~14.5% YoY) — and the company narrowed 2026 revenue guidance to $630M–$670M, signaling near-term demand weakness.
• The board authorized a $400 million share repurchase and declared a $0.50 quarterly dividend (annualized yield ~2.1%), providing direct shareholder return support despite mixed operating results.

UBS Group AG grew its stake in Universal Display Corporation (NASDAQ:OLED - Free Report) by 100.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 646,787 shares of the semiconductor company's stock after acquiring an additional 324,677 shares during the quarter. UBS Group AG owned about 1.36% of Universal Display worth $75,532,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of OLED. JPMorgan Chase & Co. grew its holdings in shares of Universal Display by 3.1% in the third quarter. JPMorgan Chase & Co. now owns 472,363 shares of the semiconductor company's stock valued at $67,846,000 after purchasing an additional 14,356 shares during the period. Peregrine Investment Management Inc. raised its stake in Universal Display by 24.7% during the third quarter. Peregrine Investment Management Inc. now owns 50,560 shares of the semiconductor company's stock worth $7,262,000 after purchasing an additional 10,000 shares during the period. Truist Financial Corp boosted its holdings in Universal Display by 54.7% in the 3rd quarter. Truist Financial Corp now owns 63,262 shares of the semiconductor company's stock valued at $9,086,000 after purchasing an additional 22,380 shares during the last quarter. AI Squared Management Ltd purchased a new stake in shares of Universal Display in the 3rd quarter valued at approximately $5,515,000. Finally, Aquatic Capital Management LLC grew its stake in shares of Universal Display by 891.6% in the 3rd quarter. Aquatic Capital Management LLC now owns 28,588 shares of the semiconductor company's stock valued at $4,106,000 after buying an additional 25,705 shares during the period. Hedge funds and other institutional investors own 78.19% of the company's stock.

Universal Display Stock Performance

Shares of OLED stock opened at $96.39 on Monday. The firm has a market cap of $4.51 billion, a P/E ratio of 21.52, a P/E/G ratio of 7.97 and a beta of 1.54. The firm's 50 day moving average price is $96.82 and its 200-day moving average price is $114.76. Universal Display Corporation has a one year low of $83.64 and a one year high of $163.21.

Universal Display (NASDAQ:OLED - Get Free Report) last posted its earnings results on Thursday, April 30th. The semiconductor company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.37). The company had revenue of $142.21 million during the quarter, compared to analyst estimates of $161.23 million. Universal Display had a net margin of 34.08% and a return on equity of 12.34%. The firm's revenue for the quarter was down 14.5% on a year-over-year basis. During the same quarter last year, the business posted $1.35 EPS. As a group, research analysts predict that Universal Display Corporation will post 4.73 EPS for the current fiscal year.

Universal Display Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.1%. Universal Display's payout ratio is presently 39.45%.

Analyst Ratings Changes

Several analysts have recently commented on OLED shares. Wall Street Zen raised shares of Universal Display from a "sell" rating to a "hold" rating in a research report on Sunday, February 22nd. Citigroup lowered their price objective on Universal Display from $130.00 to $105.00 and set a "neutral" rating for the company in a research report on Tuesday, April 14th. The Goldman Sachs Group set a $135.00 target price on Universal Display in a research report on Tuesday, April 21st. Roth Mkm set a $168.00 price target on Universal Display in a research note on Friday. Finally, Zacks Research downgraded Universal Display from a "hold" rating to a "strong sell" rating in a research report on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $131.60.

Key Stories Impacting Universal Display

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

• Positive Sentiment: Board authorized a $400 million share repurchase program, which reduces float and signals management confidence — a key bullish catalyst for the stock. Business Wire: Buyback & Dividend
• Positive Sentiment: Company declared a $0.50 quarterly dividend (annualized yield ~2.1%), giving income-focused investors an additional reason to buy shares. Business Wire: Buyback & Dividend
• Neutral Sentiment: Needham cut its price target from $145 to $120 but maintained a "buy" rating — still constructive, though the lower target trims upside. Benzinga: Analyst Update
• Negative Sentiment: Q1 results missed expectations: EPS $0.76 vs. $1.13 consensus and revenue $142.21M vs. $161.23M; revenue fell ~14.5% year-over-year — a clear near-term headwind. Zacks: Q1 Miss
• Negative Sentiment: Company narrowed 2026 revenue guidance to $630M–$670M (below some Street forecasts) citing softer demand and mix shifts, increasing near-term uncertainty. Seeking Alpha: Guidance Revision

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.

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