Louisiana State Employees Retirement System Takes $1.17 Million Position in Universal Display Corporation $OLED

Posted by Francis Steltz on Jul 4th, 2026

Louisiana State Employees Retirement System acquired a new position in shares of Universal Display Corporation (NASDAQ:OLED – Free Report) in the first quarter, Holdings Channel.com reports. The fund acquired 12,800 shares of the semiconductor company’s stock, valued at approximately $1,173,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OLED. Lido Advisors LLC increased its stake in Universal Display by 1.7% in the third quarter. Lido Advisors LLC now owns 5,783 shares of the semiconductor company’s stock valued at $831,000 after acquiring an additional 95 shares during the last quarter. Sigma Planning Corp raised its position in Universal Display by 1.0% during the fourth quarter. Sigma Planning Corp now owns 10,390 shares of the semiconductor company’s stock valued at $1,210,000 after purchasing an additional 103 shares in the last quarter. Certuity LLC lifted its stake in Universal Display by 4.3% during the third quarter. Certuity LLC now owns 2,556 shares of the semiconductor company’s stock worth $367,000 after purchasing an additional 105 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in Universal Display by 2.8% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 3,869 shares of the semiconductor company’s stock worth $452,000 after purchasing an additional 107 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Universal Display by 5.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,999 shares of the semiconductor company’s stock worth $287,000 after purchasing an additional 108 shares in the last quarter. 78.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Oppenheimer reduced their price objective on Universal Display from $160.00 to $130.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Universal Display in a research note on Thursday, June 18th. Zacks Research cut shares of Universal Display from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 21st. Citigroup decreased 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, Roth Mkm set a $168.00 price objective on shares of Universal Display in a report on Friday, May 1st. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $130.60.

Get Our Latest Report on OLED

Universal Display Stock Performance

Shares of NASDAQ:OLED opened at $78.70 on Friday. The stock’s 50-day moving average price is $90.31 and its 200-day moving average price is $102.67. Universal Display Corporation has a 12-month low of $77.15 and a 12-month high of $162.36. The stock has a market capitalization of $3.68 billion, a P/E ratio of 17.57 and a beta of 1.54.

Universal Display (NASDAQ:OLED – Get Free Report) last released its earnings results 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 company had revenue of $142.21 million during the quarter, compared to the consensus estimate of $161.23 million. Universal Display had a net margin of 34.08% and a return on equity of 12.34%. The company’s revenue was down 14.5% on a year-over-year basis. During the same period last year, the firm posted $1.35 EPS. As a group, research analysts predict that Universal Display Corporation will post 4.23 EPS for the current year.

Universal Display Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Tuesday, June 16th. Universal Display’s payout ratio is 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.