BlackRock, Inc. Increases Stake in Universal Technical Institute Inc to 12.9%
On June 4, 2026, BlackRock, Inc. filed a Schedule 13G/A with the SEC, reporting a significant increase in its stake in Universal Technical Institute Inc (UTI). As of May 31, 2026, BlackRock beneficially owns 7,106,625 shares of common stock, representing 12.9% of the company. This is a substantial increase from its previous holding of 3,623,372 shares. The filing indicates that BlackRock holds sole voting power over 7,036,386 shares and sole dispositive power over the full 7,106,625 shares. Notably, the iShares Core S&P Small-Cap ETF is identified as having an interest in the common stock exceeding 5% of the total outstanding shares. The securities were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. This amendment reinforces BlackRock's position as a major institutional shareholder in the Phoenix-based educational services provider.