<div id="readability-page-1"><p>DAVENPORT &amp; Co LLC raised its holdings in shares of  Universal Display Corporation (NASDAQ:OLED - Free Report) by 371.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor  owned 13,320 shares of the semiconductor company's stock after purchasing an additional 10,496 shares during the period. DAVENPORT &amp; Co LLC's holdings in Universal Display were worth $1,913,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Universal Display</strong> alerts:</span></p></div><p>Other hedge funds have also recently made changes to their positions in the company. Primecap Management Co. CA grew its stake in shares of  Universal Display by 20.7% in the 2nd quarter. Primecap Management Co. CA now owns 2,215,308 shares of the semiconductor company's stock worth $342,176,000 after buying an additional 379,586 shares during the last quarter.  Norges Bank bought a new stake in  Universal Display in the second quarter worth $124,480,000.  First Trust Advisors LP grew its stake in shares of  Universal Display by 14.9% in the second quarter. First Trust Advisors LP now owns 699,412 shares of the semiconductor company's stock worth $108,031,000 after acquiring an additional 90,766 shares during the last quarter.  Greenhouse Funds LLLP increased its holdings in shares of  Universal Display by 14.4% during the second quarter. Greenhouse Funds LLLP now owns 644,146 shares of the semiconductor company's stock valued at $99,495,000 after acquiring an additional 81,025 shares in the last quarter.  Finally, Rafferty Asset Management LLC increased its holdings in shares of  Universal Display by 63.2% during the second quarter. Rafferty Asset Management LLC now owns 574,161 shares of the semiconductor company's stock valued at $88,685,000 after acquiring an additional 222,327 shares in the last quarter. 78.19% of the stock is owned by institutional investors. </p><h2>Universal Display Stock Performance</h2><p>OLED opened at $119.60 on Friday. The stock has a market capitalization of $5.69 billion, a P/E ratio of 25.78, a P/E/G ratio of 3.67 and a beta of 1.62. The company's 50-day simple moving average is $126.14 and its two-hundred day simple moving average is $139.54. Universal Display Corporation has a 52-week low of $103.70 and a 52-week high of $164.29. </p><p>Universal Display (NASDAQ:OLED - Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.92 EPS for the quarter, missing analysts' consensus estimates of $1.19 by ($0.27). Universal Display had a return on equity of 14.10% and a net margin of 34.65%.The company had revenue of $139.61 million during the quarter, compared to the consensus estimate of $165.56 million. During the same quarter in the prior year, the firm earned $1.40 earnings per share. The business's revenue was down 13.6% compared to the same quarter last year.  Research analysts forecast that  Universal Display Corporation will post 4.71 EPS for the current fiscal year. </p><h2>Universal Display Announces Dividend</h2><p>The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th will be paid a dividend of $0.45 per share. The ex-dividend date is Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a yield of 1.5%. Universal Display's payout ratio is currently 38.79%. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several brokerages recently commented on OLED. Zacks Research downgraded shares of Universal Display from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Wednesday, November 19th. Weiss Ratings  reiterated a &#34;hold (c-)&#34; rating on shares of Universal Display in a research note on Wednesday. Finally, Needham &amp; Company LLC  reissued a &#34;buy&#34; rating and set a $150.00 price target on shares of Universal Display in a research report on Monday, December 22nd. Four analysts have rated the stock with a Buy rating and four have assigned  a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $181.33.</p><p><b>Check Out Our Latest Stock Analysis on Universal Display</b></p><h2>Universal Display Profile</h2> (Free Report)<p>Universal Display Corporation <span>NASDAQ: OLED<span></span></span> 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.  </p><p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Universal Display</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li><li>[URGENT!] SpaceX Going Public! – Pre-IPO Action</li><li>ALERT: Drop these 5 stocks before January 2026!</li><li>Washington prepares for war</li><li>The Best $1 You'll Spend This Holiday Season</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9T0xFRA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9T0xFRA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Universal Display Right Now?</h2><p>Before you consider Universal Display, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Universal Display wasn't on the list.</p><p>While Universal Display currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

OLED

<p>DAVENPORT & Co LLC increased its stake in Universal Display Corporation by 371.7% in Q3, acquiring 10,496 additional shares, now holding 13,320 shares valued at $1,913,000. Other institutional investors also adjusted their positions in the company. Universal Display reported Q3 earnings of $0.92 per share, missing estimates, with revenue down 13.6% year-over-year. The company announced a quarterly dividend of $0.45 per share. Analysts have mixed ratings on the stock, with a consensus rating of 'Moderate Buy' and an average price target of $181.33.</p>

DAVENPORT & Co LLC Acquires 10,496 Shares of Universal Display Corporation $OLED