Praetorian Capital highlighted Universal Technical Institute as a key holding in its second-quarter 2026 investor letter. The fund noted that UTI and Lincoln Educational Services are the two largest technical colleges in the U.S., poised to benefit as AI reduces demand for office workers and millions seek reskilling in skilled trades and healthcare. Praetorian expects both companies to open new campuses, grow student counts, and deliver substantial margin expansion on fixed-cost structures, with management guidance suggesting cheap valuations looking out a few years. Universal Technical Institute closed at $40.31 per share on July 17, 2026, with a market capitalization of $2.25 billion and a 25.17% gain over the past 52 weeks.
Universal Technical Institute IncUniversal Technical Institute is the main subject of the fund letter, highlighted as a key holding benefiting from AI-driven demand for skilled trades reskilling, with expected student growth and margin expansion.
Lincoln Educational ServicesArticle states both UTI and Lincoln Educational Services are poised to benefit from AI-driven reskilling demand, with expected student count growth and new campus openings.