UFP Technologies, Inc. $UFPT Stock Position Cut by Boston Trust Walden Corp

Key Points

• Boston Trust Walden reduced its UFP Technologies position by 4.7% in the third quarter, selling 15,939 shares. It retained 320,339 shares, worth about $95.1 million and representing 0.8% of its portfolio.
• UFP Technologies’ third-quarter results beat analyst expectations: adjusted EPS was $2.88 versus $2.49 estimated, and revenue was $172.4 million versus $166.9 million. Net income rose 25.8% year over year.
• Management outlined a long-term growth framework of 12%–18%, while AJR transfers have been pushed to 2027. Analysts’ consensus rating remains “Hold,” and company insiders sold 15,237 shares in the quarter.

Boston Trust Walden Corp lowered its holdings in shares of UFP Technologies, Inc. (NASDAQ:UFPT - Free Report) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 320,339 shares of the industrial products company's stock after selling 15,939 shares during the quarter. UFP Technologies accounts for 0.8% of Boston Trust Walden Corp's portfolio, making the stock its 29th biggest holding. Boston Trust Walden Corp owned about 4.13% of UFP Technologies worth $95,083,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Silvant Capital Management LLC purchased a new stake in UFP Technologies in the second quarter worth $29,000. Transamerica Financial Advisors LLC purchased a new stake in shares of UFP Technologies during the second quarter valued at $32,000. Integrated Wealth Concepts LLC purchased a new stake in shares of UFP Technologies during the second quarter valued at $41,000. Versant Capital Management Inc boosted its stake in shares of UFP Technologies by 1,291.7% during the second quarter. Versant Capital Management Inc now owns 167 shares of the industrial products company's stock valued at $44,000 after purchasing an additional 155 shares during the period. Finally, Sterling Capital Management LLC grew its holdings in shares of UFP Technologies by 833.3% in the third quarter. Sterling Capital Management LLC now owns 252 shares of the industrial products company's stock worth $75,000 after purchasing an additional 225 shares during the last quarter. Institutional investors own 87.28% of the company's stock.

Insider Transactions at UFP Technologies

In other news, Director Cynthia L. Feldmann sold 1,000 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $324.26, for a total transaction of $324,260.00. Following the transaction, the director owned 4,476 shares of the company's stock, valued at approximately $1,451,387.76. This represents a 18.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Symeria Hudson sold 298 shares of the firm's stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $319.11, for a total value of $95,094.78. Following the transaction, the director owned 927 shares in the company, valued at approximately $295,814.97. This represents a 24.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 15,237 shares of company stock valued at $4,769,478. Company insiders own 4.59% of the company's stock.

More UFP Technologies News

Here are the key news stories impacting UFP Technologies this week:

• Positive Sentiment: Q3 results beat expectations for the seventh consecutive quarter. UFP Technologies reported adjusted earnings of $2.88 per share and revenue of $172.4 million, ahead of analyst estimates of $2.49 per share and $166.9 million. Net income rose 25.8% year over year to $20.6 million. UFP Technologies Announces Strong Q3 Results
• Positive Sentiment: Management outlined a 12%–18% long-term growth framework, giving investors a view of the company’s growth ambitions beyond the latest quarter. UFP Technologies growth framework and AJR transfers
• Neutral Sentiment: AJR transfers are being pushed into 2027. The shifted timing may affect when investors see the related operational or financial contribution; the provided reports do not quantify the impact. UFP Technologies growth framework and AJR transfers

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on UFPT. Weiss Ratings restated a "hold (c+)" rating on shares of UFP Technologies in a report on Tuesday. Wall Street Zen upgraded shares of UFP Technologies from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Two equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat, UFP Technologies currently has an average rating of "Hold".

UFP Technologies Stock Performance

UFP Technologies stock opened at $329.82 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.72 and a current ratio of 3.00. The company has a market capitalization of $2.56 billion, a PE ratio of 26.15 and a beta of 1.09. The company has a 50 day moving average price of $291.24 and a 200-day moving average price of $250.51. UFP Technologies, Inc. has a fifty-two week low of $173.86 and a fifty-two week high of $342.11.

UFP Technologies (NASDAQ:UFPT - Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The industrial products company reported $2.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.49 by $0.39. The company had revenue of $172.43 million for the quarter, compared to analysts' expectations of $166.89 million. UFP Technologies had a return on equity of 18.92% and a net margin of 11.78%. As a group, equities analysts forecast that UFP Technologies, Inc. will post 10.54 earnings per share for the current year.

UFP Technologies Company Profile

UFP Technologies, Inc NASDAQ: UFPT is a designer and manufacturer of engineered components, assemblies and packaging solutions, with a primary focus on the medical device and healthcare markets. The company works with original equipment manufacturers and other customers to develop products used in surgical, orthopedic, diagnostic, wound-care and other medical applications.

Its capabilities include converting and fabricating advanced materials such as foams, films, laminates, textiles and composites, as well as molding plastics and producing complex assembled products.

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