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UTMD Third-Quarter Revenue Falls 12% as Net Income Rises 6%

Investivoq FilingTracker

Utah Medical Products (UTMD) reported third-quarter 2026 revenue of $8.621 million, down 12.1% from $9.812 million a year earlier. US GAAP net income rose 5.9% to $2.787 million, while diluted earnings per share increased 6.8% to $0.876.

For the first nine months of 2026, revenue declined 12.2% to $25.873 million and US GAAP net income fell 7.4% to $8.077 million. The company reported no debt and cash and investments of $85.202 million at September 30.

  • Third-quarter operating income increased 7.0% to $2.795 million.
  • Third-quarter sales to former major customers PendoTECH and a China blood-pressure-monitoring kit distributor were zero.
  • UTMD acquired Orion Medical Supplies Ltd. in the UK at the end of August; Orion added $619,000 in third-quarter sales.
  • Third-quarter diluted shares outstanding were 3.180 million, compared with 3.207 million a year earlier.
  • UTMD paid a quarterly dividend of $0.310 per share, totaling $987,000.
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$UTMD Hedge Fund Activity

We have seen 52 institutional investors add shares of $UTMD stock to their portfolio, and 40 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • BRANDES INVESTMENT PARTNERS, LP added 25,879 shares (+5.8%) to their portfolio in Q2 2026, for an estimated $1,785,133
  • SEGALL BRYANT & HAMILL, LLC added 21,547 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,486,312
  • MORGAN STANLEY added 20,870 shares (+42.8%) to their portfolio in Q2 2026, for an estimated $1,439,612
  • BLACKROCK, INC. added 16,041 shares (+8.5%) to their portfolio in Q2 2026, for an estimated $1,106,508
  • QUANTINNO CAPITAL MANAGEMENT LP added 13,233 shares (+44.3%) to their portfolio in Q2 2026, for an estimated $912,812
  • GEODE CAPITAL MANAGEMENT, LLC removed 12,049 shares (-10.0%) from their portfolio in Q2 2026, for an estimated $831,140
  • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 11,121 shares (+inf%) to their portfolio in Q2 2026, for an estimated $767,126

To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.