19,000 Shares in Ultra Clean Holdings, Inc. $UCTT Bought by Strs Ohio

Key Points

• Strs Ohio acquired 19,000 shares of Ultra Clean Holdings, Inc. ($UCTT), valued at approximately $407,000, during the first quarter.
• Ultra Clean reported a quarterly revenue of $518.80 million, exceeding analysts' estimates, while EPS for the quarter matched expectations at $0.27.
• Needham & Company raised its price target for Ultra Clean from $26.00 to $30.00, maintaining a "buy" rating on the stock, which has a consensus target price of $30.67.

Strs Ohio bought a new position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 19,000 shares of the semiconductor company's stock, valued at approximately $407,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in Ultra Clean by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 4,847,408 shares of the semiconductor company's stock worth $103,783,000 after buying an additional 12,180 shares during the last quarter. Invesco Ltd. grew its stake in Ultra Clean by 62.9% during the 1st quarter. Invesco Ltd. now owns 1,681,675 shares of the semiconductor company's stock worth $36,005,000 after buying an additional 649,642 shares during the last quarter. Paradigm Capital Management Inc. NY grew its stake in Ultra Clean by 15.2% during the 1st quarter. Paradigm Capital Management Inc. NY now owns 758,200 shares of the semiconductor company's stock worth $16,233,000 after buying an additional 100,000 shares during the last quarter. Goodman Financial Corp grew its stake in Ultra Clean by 18.0% during the 1st quarter. Goodman Financial Corp now owns 456,308 shares of the semiconductor company's stock worth $9,770,000 after buying an additional 69,657 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its stake in Ultra Clean by 5.7% during the 1st quarter. Harbor Capital Advisors Inc. now owns 397,639 shares of the semiconductor company's stock valued at $8,513,000 after purchasing an additional 21,598 shares during the last quarter. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

Ultra Clean Stock Up 6.1%

Ultra Clean stock opened at $29.38 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.86 and a current ratio of 3.06. The business's 50-day simple moving average is $24.23 and its two-hundred day simple moving average is $22.47. The company has a market cap of $1.33 billion, a PE ratio of -8.69, a PEG ratio of 1.08 and a beta of 2.14. Ultra Clean Holdings, Inc. has a fifty-two week low of $16.66 and a fifty-two week high of $41.90.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last issued its earnings results on Monday, July 28th. The semiconductor company reported $0.27 EPS for the quarter, hitting analysts' consensus estimates of $0.27. Ultra Clean had a positive return on equity of 5.32% and a negative net margin of 7.15%.The firm had revenue of $518.80 million for the quarter, compared to the consensus estimate of $500.83 million. During the same quarter in the prior year, the business earned $0.32 earnings per share. The company's revenue was up .5% compared to the same quarter last year. Ultra Clean has set its Q3 2025 guidance at 0.140-0.340 EPS. Equities analysts anticipate that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC boosted their price target on Ultra Clean from $26.00 to $30.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $30.67.

Ultra Clean Company Profile

Ultra Clean Holdings, Inc develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.

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