AXQ Capital LP Makes New $917,000 Investment in Universal Display Corporation $OLED

Posted by Brenda Bartman on Jun 3rd, 2026

AXQ Capital LP bought a new position in shares of Universal Display Corporation (NASDAQ:OLED – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 7,854 shares of the semiconductor company’s stock, valued at approximately $917,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of OLED. Vanguard Group Inc. raised its position in shares of Universal Display by 10.0% during the third quarter. Vanguard Group Inc. now owns 5,069,107 shares of the semiconductor company’s stock valued at $728,076,000 after buying an additional 460,792 shares during the last quarter. Primecap Management Co. CA raised its position in shares of Universal Display by 1.9% during the third quarter. Primecap Management Co. CA now owns 2,258,378 shares of the semiconductor company’s stock valued at $324,371,000 after buying an additional 43,070 shares during the last quarter. Geode Capital Management LLC increased its stake in Universal Display by 25.0% in the fourth quarter. Geode Capital Management LLC now owns 1,109,077 shares of the semiconductor company’s stock valued at $129,537,000 after acquiring an additional 222,108 shares during the period. Norges Bank bought a new stake in Universal Display in the fourth quarter valued at about $92,756,000. Finally, Greenhouse Funds LLLP increased its stake in Universal Display by 12.6% in the third quarter. Greenhouse Funds LLLP now owns 725,278 shares of the semiconductor company’s stock valued at $104,172,000 after acquiring an additional 81,132 shares during the period. Institutional investors and hedge funds own 78.19% of the company’s stock.

Universal Display Stock Performance

Shares of OLED opened at $93.79 on Wednesday. The firm has a market capitalization of $4.38 billion, a price-to-earnings ratio of 20.94 and a beta of 1.54. The business’s fifty day moving average price is $93.73 and its two-hundred day moving average price is $107.64. Universal Display Corporation has a 52 week low of $83.64 and a 52 week high of $163.21.

Universal Display (NASDAQ:OLED – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.37). Universal Display had a net margin of 34.08% and a return on equity of 12.34%. The business had revenue of $142.21 million during the quarter, compared to the consensus estimate of $161.23 million. During the same period in the previous year, the business posted $1.35 earnings per share. Universal Display’s revenue was down 14.5% compared to the same quarter last year. As a group, research analysts forecast that Universal Display Corporation will post 4.23 EPS for the current year.

Universal Display Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, June 16th. Universal Display’s dividend payout ratio (DPR) is currently 44.64%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Citigroup lowered their target price 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. Weiss Ratings reissued a “hold (c-)” rating on shares of Universal Display in a research note on Monday, March 23rd. Roth Mkm set a $168.00 target price on shares of Universal Display in a research note on Friday, May 1st. The Goldman Sachs Group set a $135.00 target price on shares of Universal Display in a research note on Tuesday, April 21st. Finally, Needham & Company LLC lowered their target price on shares of Universal Display from $145.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Universal Display has an average rating of “Hold” and a consensus target price of $130.60.

Get Our Latest Stock Analysis on Universal Display

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.