NewEdge Wealth LLC Decreases Position in Universal Display Corporation $OLED

Posted by George Bondi on May 13th, 2026

NewEdge Wealth LLC lessened its holdings in shares of Universal Display Corporation (NASDAQ:OLED – Free Report) by 27.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,766 shares of the semiconductor company’s stock after selling 9,217 shares during the period. NewEdge Wealth LLC’s holdings in Universal Display were worth $2,892,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in 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 last quarter. Peregrine Investment Management Inc. raised its holdings in Universal Display by 24.7% in the 3rd quarter. Peregrine Investment Management Inc. now owns 50,560 shares of the semiconductor company’s stock valued at $7,262,000 after acquiring an additional 10,000 shares during the last quarter. Truist Financial Corp raised 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 acquiring an additional 22,380 shares during the last quarter. AI Squared Management Ltd acquired a new stake in shares of Universal Display during the 3rd quarter worth approximately $5,515,000. Finally, Aquatic Capital Management LLC boosted its position in shares of Universal Display by 891.6% during the 3rd quarter. Aquatic Capital Management LLC now owns 28,588 shares of the semiconductor company’s stock worth $4,106,000 after purchasing an additional 25,705 shares during the period. 78.19% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Roth Mkm set a $168.00 price objective on shares of Universal Display in a research report on Friday, May 1st. Zacks Research cut shares of Universal Display from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 21st. The Goldman Sachs Group set a $135.00 price objective on shares of Universal Display in a research report on Tuesday, April 21st. Citigroup cut their price target on shares of Universal Display from $105.00 to $100.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Finally, Wall Street Zen upgraded shares of Universal Display from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $130.60.

Read Our Latest Report on OLED

Universal Display Price Performance

Shares of NASDAQ OLED opened at $92.19 on Wednesday. Universal Display Corporation has a 12-month low of $83.64 and a 12-month high of $163.21. The company has a market capitalization of $4.31 billion, a PE ratio of 20.58 and a beta of 1.54. The firm’s 50-day moving average is $95.37 and its two-hundred day moving average is $112.44.

Universal Display (NASDAQ:OLED – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.76 earnings per share for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.37). The firm 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 business’s quarterly revenue was down 14.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.35 EPS. On average, analysts forecast that Universal Display Corporation will post 4.4 EPS for the current fiscal year.

Universal Display Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, June 16th. Universal Display’s payout ratio is currently 44.64%.

Universal Display Profile

(Free Report)

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.