Allianz Asset Management GmbH Invests $14.99 Million in Ultra Clean Holdings, Inc. $UCTT

Key Points

• Allianz Asset Management purchased 105,115 Ultra Clean shares worth approximately $14.99 million, taking a roughly 0.23% stake. Institutional investors collectively own 96.06% of the company.
• Ultra Clean exceeded quarterly expectations, reporting $0.70 in earnings per share versus the $0.53 estimate and $644.9 million in revenue, up 24.3% year over year. The company guided for third-quarter 2026 EPS of $0.83–$1.03.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $129. Recent targets range from $125 to $150, although one analyst maintains a sell rating.

Allianz Asset Management GmbH bought a new stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 105,115 shares of the semiconductor company's stock, valued at approximately $14,988,000. Allianz Asset Management GmbH owned approximately 0.23% of Ultra Clean as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Maverick Capital Ltd. acquired a new position in Ultra Clean during the first quarter worth $1,263,000. Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of Ultra Clean in the 1st quarter valued at $710,000. Lombard Odier Asset Management Europe Ltd bought a new stake in shares of Ultra Clean in the 1st quarter worth about $3,197,000. Castleark Management LLC bought a new stake in shares of Ultra Clean in the 1st quarter worth about $6,226,000. Finally, Royal Bank of Canada increased its position in shares of Ultra Clean by 114.3% during the 1st quarter. Royal Bank of Canada now owns 27,786 shares of the semiconductor company's stock worth $1,727,000 after purchasing an additional 14,818 shares in the last quarter. Institutional investors own 96.06% of the company's stock.

Ultra Clean Price Performance

Shares of UCTT stock opened at $75.62 on Wednesday. Ultra Clean Holdings, Inc. has a 1 year low of $21.49 and a 1 year high of $144.22. The company has a current ratio of 2.73, a quick ratio of 1.25 and a debt-to-equity ratio of 0.84. The firm's 50 day moving average is $86.77 and its 200-day moving average is $81.98. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of -145.42, a PEG ratio of 0.78 and a beta of 1.88.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.53 by $0.17. The business had revenue of $644.90 million during the quarter, compared to analyst estimates of $587.65 million. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. Ultra Clean's revenue for the quarter was up 24.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.27 earnings per share. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Sell-side analysts forecast that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Needham & Company LLC lifted their price target on shares of Ultra Clean from $92.00 to $125.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. TD Cowen raised their price objective on shares of Ultra Clean from $130.00 to $140.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. Weiss Ratings cut shares of Ultra Clean from a "sell (d)" rating to a "sell (d-)" rating in a research note on Friday, August 7th. Oppenheimer boosted their target price on Ultra Clean from $115.00 to $150.00 and gave the stock an "outperform" rating in a report on Tuesday, August 4th. Finally, UBS Group reaffirmed a "buy" rating on shares of Ultra Clean in a report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $129.00.

Ultra Clean Company Profile

Ultra Clean Holdings, Inc is a global supplier of critical consumables and process tools for the semiconductor manufacturing industry. The company specializes in precision parts cleaning, chemical–mechanical planarization (CMP) slurries, surface conditioning pads, and specialty components used in wafer fabrication and advanced packaging. Ultra Clean also provides assembly and test hardware, tooling, and automated modules designed to support complex front-end and back-end processes in semiconductor fabs.

Ultra Clean's product portfolio encompasses a range of cleaning systems and consumables aimed at particle and film removal, as well as CMP slurries and pads that are engineered for uniform material removal and planarization.

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