First Eagle Investment Management, LLC reports beneficial ownership of Universal Health Services Inc common stock on a passive basis. It is deemed to beneficially own 4,674,801.24 shares, representing 8.77% of the common stock believed to be outstanding, with 4,223,910.24 shares subject to sole voting power and all 4,674,801.24 shares subject to sole dispositive power.
The shares are held by or at the direction of First Eagle Investment Management and its adviser subsidiaries, principally on behalf of investment advisory clients, who have the right to receive dividends and sale proceeds. The First Eagle Global Fund, a registered investment company advised by First Eagle, may be deemed to beneficially own 3,108,317 shares, or 5.83% of Universal Health Services’ common stock.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:4,674,801.24 sharesPercent of class:8.77%Sole voting power:4,223,910.24 shares+3 more
6 metrics
Beneficial ownership4,674,801.24 sharesShares of Universal Health Services common stock deemed beneficially owned by First Eagle Investment Management, LLC
Percent of class8.77%Portion of Universal Health Services common stock believed to be outstanding held by First Eagle Investment Management, LLC
Sole voting power4,223,910.24 sharesUniversal Health Services shares over which First Eagle Investment Management, LLC has sole power to vote
Sole dispositive power4,674,801.24 sharesUniversal Health Services shares over which First Eagle Investment Management, LLC has sole power to dispose
Global Fund shares3,108,317 sharesUniversal Health Services shares that First Eagle Global Fund may be deemed to beneficially own
Global Fund percent of class5.83%Portion of Universal Health Services common stock attributed to First Eagle Global Fund
Key Terms
beneficial owner, sole voting power, sole dispositive power, investment advisory clients, +1 more
5 terms
beneficial ownerfinancial
"is deemed to be the beneficial owner of 4,674,801.24 shares, or 8.77%"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting powerfinancial
"Sole power to vote or to direct the vote: 4,223,910"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerfinancial
"Sole power to dispose or to direct the disposition of: 4,674,801"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
investment advisory clientsfinancial
"principally on behalf of investment advisory clients, which may include investment companies"
registered investment companyfinancial
"The First Eagle Global Fund, a registered investment company for which FEIM acts"
A registered investment company is a pooled investment vehicle—such as a mutual fund or closed-end fund—that is officially registered with financial regulators and required to follow rules about disclosure, how it invests, and what fees it charges. Think of it as a shared basket of stocks or bonds managed for many investors; registration means regular reporting and oversight that help investors compare costs, understand risks, and know how easy it is to buy or sell their shares.
How much of Universal Health Services (UHS) stock does First Eagle Investment Management own?
First Eagle Investment Management is deemed the beneficial owner of 4,674,801.24 UHS shares, representing 8.77% of the company’s common stock believed to be outstanding, primarily held for various investment advisory clients.
What voting and dispositive power does First Eagle have over UHS (UHS) shares?
First Eagle reports sole voting power over 4,223,910.24 UHS shares and sole dispositive power over 4,674,801.24 shares, with no shared voting or dispositive power disclosed in the filing.
How many Universal Health Services (UHS) shares are held by First Eagle Global Fund?
First Eagle Global Fund may be deemed to beneficially own 3,108,317 UHS shares, equal to 5.83% of the company’s common stock, as part of the total position advised by First Eagle Investment Management.
Who ultimately benefits from First Eagle’s holdings in Universal Health Services (UHS)?
Clients of First Eagle Investment Management ultimately benefit, as they have the right to receive dividends and sale proceeds from the UHS shares held in advisory accounts, including funds and institutional clients.
Is First Eagle’s Universal Health Services (UHS) stake held for its own account or clients?
The UHS stake is held principally on behalf of investment advisory clients, which can include registered investment companies, employee benefit plans, pension funds, and other institutional or separate account clients.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Universal Health Services Inc
(Name of Issuer)
Common
(Title of Class of Securities)
913903100
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
913903100
1
Names of Reporting Persons
First Eagle Investment Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
4,223,910.24
6
Shared Voting Power
0.00
7
Sole Dispositive Power
4,674,801.24
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,674,801.24
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.8 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
913903100
1
Names of Reporting Persons
FIRST EAGLE GLOBAL FUND
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,108,317.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
3,108,317.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,108,317.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.8 %
12
Type of Reporting Person (See Instructions)
IC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Universal Health Services Inc
(b)
Address of issuer's principal executive offices:
367 South Gulph Road, King of Prussia, US-PA, 19406, US
Item 2.
(a)
Name of person filing:
First Eagle Investment Management, LLC, FIRST EAGLE GLOBAL FUND
(b)
Address or principal business office or, if none, residence:
1345 Avenue of the Americas, New York, 10105, New York, United States
(c)
Citizenship:
DELAWARE
(d)
Title of class of securities:
Common
(e)
CUSIP No.:
913903100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
4,674,801
(b)
Percent of class:
8.8 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
4,223,910
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
4,674,801
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Securities reported on this Schedule 13G as being beneficially owned by First Eagle Investment Management, LLC are held by or at the direction of First Eagle Investment Management, LLC and/or one or more of its investment adviser subsidiaries, which may include First Eagle Separate Account Management, LLC, principally on behalf of investment advisory clients, which may include investment companies registered under the Investment Company Act, employee benefit plans, pension funds, other institutional clients, or separate accounts, but sometimes for its own account.
First Eagle Investment Management, LLC (FEIM), an investment adviser registered under Section 203 of the Investment Advisers Act of 1940, is deemed to be the beneficial owner of 4,674,801.24 shares, or 8.77% of the common stock believed to be outstanding as a result of acting as investment adviser to various clients. Clients of FEIM have the right to receive and the ultimate power to direct the receipt of dividends from, or the proceeds of the sale of, such securities. The First Eagle Global Fund, a registered investment company for which FEIM acts as investment adviser, may be deemed to beneficially own 3,108,317 of these 4,674,801.24 shares, or 5.83% of the Company's Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.