23,805 Shares in Universal Display Corporation $OLED Bought by Cinctive Capital Management LP

Cinctive Capital Management LP bought a new position in shares of Universal Display Corporation (NASDAQ:OLED) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 23,805 shares of the semiconductor company’s stock, valued at approximately $3,419,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC increased its holdings in shares of Universal Display by 309.8% in the third quarter. Smartleaf Asset Management LLC now owns 209 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 158 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Universal Display during the 3rd quarter valued at about $37,000. Rise Advisors LLC grew its position in shares of Universal Display by 53.3% in the 3rd quarter. Rise Advisors LLC now owns 299 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 104 shares during the period. Country Trust Bank acquired a new position in shares of Universal Display in the 2nd quarter valued at approximately $46,000. Finally, Farther Finance Advisors LLC increased its stake in Universal Display by 27.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 351 shares of the semiconductor company’s stock worth $50,000 after purchasing an additional 75 shares in the last quarter. 78.19% of the stock is owned by institutional investors and hedge funds.

Universal Display Stock Performance

Shares of Universal Display stock opened at $94.07 on Monday. The firm has a market cap of $4.43 billion, a PE ratio of 18.55, a P/E/G ratio of 7.39 and a beta of 1.65. The business’s 50 day simple moving average is $114.74 and its 200 day simple moving average is $126.10. Universal Display Corporation has a 52-week low of $93.03 and a 52-week high of $163.21.

Universal Display (NASDAQ:OLED) last released its quarterly earnings results on Thursday, February 19th. The semiconductor company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.11. The firm had revenue of $172.93 million during the quarter, compared to the consensus estimate of $173.35 million. Universal Display had a return on equity of 14.07% and a net margin of 37.21%.The business’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.22 EPS. As a group, equities research analysts predict that Universal Display Corporation will post 4.71 EPS for the current year.

Universal Display Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, March 17th. This is a positive change from Universal Display’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a yield of 2.1%. Universal Display’s dividend payout ratio is currently 35.50%.

Key Stories Impacting Universal Display

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

• Neutral Sentiment: Unrelated industry note — Fabrinet (FN) has risen recently on strong demand for optical and AI‑driven HPC components; this is sector context but not directly tied to OLED. Fabrinet Stock Rises 9% in 3 Months
• Negative Sentiment: Zacks Research cut multiple 2026 and 2027 quarterly EPS estimates for Universal Display and maintained a “Hold” rating — reductions include Q1–Q4 2026 and several 2027 quarters, plus a lower FY2026 view (from $5.28 to $4.86). This broad set of downward revisions signals weaker near‑term growth expectations and is the primary driver of the stock decline. MarketBeat OLED Coverage
• Negative Sentiment: Zacks also lowered specific mid‑ and late‑2027 quarterly forecasts (examples: Q1 2027 to $1.31 from $1.44; Q3 2027 to $1.42 from $1.57; Q4 2027 to $1.48) while issuing an FY2028 estimate of $5.87 — mixed longer‑term view but the immediate impact is negative because near‑term EPS were trimmed. MarketBeat OLED Coverage

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Zacks Research downgraded shares of Universal Display from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Wall Street Zen upgraded shares of Universal Display from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Needham & Company LLC lowered their price objective on shares of Universal Display from $150.00 to $145.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Weiss Ratings restated a “hold (c-)” rating on shares of Universal Display in a report on Wednesday, December 24th. Finally, Citigroup cut their price objective on shares of Universal Display from $150.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $151.67.

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.