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Seneca Polytechnic becomes the first postsecondary institution in Canada to issue 1,000 Siemens mechatronics and automation certifications
Globenewswire· 2026-02-17 15:00
TORONTO, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Seneca Polytechnic has reached an impressive milestone, thanks to a longstanding relationship with Siemens and excellence in mechatronics and other facets of engineering. Seneca recently issued its 1000th Siemens mechatronics and automation certificate, becoming the first postsecondary institution in Canada to do so. This accomplishment highlights the shared commitment of Seneca and Siemens to equipping students with industry-ready knowledge and in-demand skills. “ ...
Is Universal Technical Institute Stock a Buy After Needham Raised Its Stake Over $7 Million?
The Motley Fool· 2025-12-31 06:46
Company Overview - Universal Technical Institute (UTI) is a leading provider of technical education, focusing on training for automotive, diesel, and related skilled trades, leveraging a national campus network and partnerships with manufacturers to deliver industry-aligned curricula [6] - As of November 13, 2025, UTI's stock price was $29.38, with a market capitalization of $1.60 billion, revenue of $835.62 million, and net income of $63.02 million [4][10] Financial Performance - UTI ended its 2025 fiscal year with revenue of $835.6 million, reflecting a strong 14% year-over-year increase, while net income rose to $63 million, representing a 50% year-over-year growth [10] - Despite strong fiscal performance, UTI's stock price declined due to anticipated net income drop of about 33% year-over-year for the 2026 fiscal year as the company invests in expanding its business [11] Investment Activity - Needham Investment Management LLC increased its position in UTI by 239,000 shares during the third quarter, raising its total stake to 550,000 shares valued at $17.90 million, a net increase of $7.36 million from the previous quarter [2][3] - The increased stake represents 1.2% of Needham's 13F reportable assets under management (AUM) [3] Market Performance - UTI shares have increased by 44.5% over the past year, outperforming the S&P 500 by 33.3 percentage points [3] - The stock price experienced a decline to a 52-week low of $21.29 in November, despite the company's strong revenue growth [7]