XXEC Inc. Purchases New Stake in Universal Display Corporation $OLED

Posted by Geri Gentry on Aug 23rd, 2026

XXEC Inc. acquired a new position in shares of Universal Display Corporation (NASDAQ:OLED – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 227,402,433 shares of the semiconductor company’s stock, valued at approximately $2,508,286,000. Universal Display comprises approximately 1.3% of XXEC Inc.’s holdings, making the stock its 6th largest holding. XXEC Inc. owned about 4.95% of Universal Display as of its most recent SEC filing.

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

More Universal Display News

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

Positive Sentiment: Zacks raised its Q3 2026 EPS forecast to $1.13 from $1.10, indicating slightly improved expectations for the upcoming quarter. Universal Display stock information
Neutral Sentiment: Zacks reiterated a Hold rating on Universal Display. Its current full-year EPS estimate of approximately $4.17 remains broadly consistent with the wider analyst consensus.
Negative Sentiment: The firm reduced its FY2026 EPS forecast to $4.13 from $4.15 and cut estimates for Q4 2026 to $1.19 from $1.25, pointing to softer near-term earnings expectations.
Negative Sentiment: Forecasts for FY2027 were lowered to $4.81 from $4.92, with Q1 2027 EPS reduced to $0.96 from $1.03 and Q2 2027 EPS cut to $1.12 from $1.22.
Negative Sentiment: Zacks also lowered its Q2 2028 EPS estimate to $1.11 from $1.34 and FY2028 EPS to $5.19 from $5.65. These longer-term reductions may weigh on the stock because they imply slower anticipated earnings growth.
Positive Sentiment: One additional revision was favorable: Q4 2027 EPS was raised to $1.36 from $1.30. However, this improvement was outweighed by the broader pattern of estimate cuts.

Analysts Set New Price Targets

OLED has been the topic of several research analyst reports. BTIG Research downgraded Universal Display to a “neutral” rating in a research note on Friday, July 31st. Needham & Company LLC decreased their target price on Universal Display from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Oppenheimer restated an “outperform” rating and issued a $120.00 target price (down from $130.00) on shares of Universal Display in a research note on Friday, July 31st. Citigroup cut their price target on Universal Display from $100.00 to $85.00 and set a “neutral” rating for the company in a research note on Monday, August 3rd. Finally, Zacks Research raised Universal Display from a “strong sell” rating to a “hold” rating in a report on Thursday, August 13th. Three equities research analysts have rated the stock with a Buy rating, four have issued 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 an average price target of $116.33.

Get Our Latest Report on Universal Display

Universal Display Trading Down 0.8%

OLED opened at $85.84 on Friday. The company has a 50 day moving average of $84.40 and a 200 day moving average of $93.90. The company has a market cap of $3.95 billion, a PE ratio of 20.78 and a beta of 1.54. Universal Display Corporation has a 12 month low of $76.42 and a 12 month high of $153.38.

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 analysts’ consensus estimates of $1.03 by $0.03. The business had revenue of $152.16 million for the quarter, compared to analysts’ expectations of $157.54 million. Universal Display had a net margin of 32.24% and a return on equity of 11.35%. The business’s revenue for the quarter was down 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.41 EPS. Research analysts forecast that Universal Display Corporation will post 4.17 earnings per share for the current fiscal year.

Universal Display Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a $0.50 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $2.00 annualized dividend and a dividend yield of 2.3%. Universal Display’s payout ratio is 48.43%.

Universal Display Company 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.