BlackRock Inc. Purchases Shares of 6,919,992 Ultra Clean Holdings, Inc. $UCTT

BlackRock Inc. bought a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,919,992 shares of the semiconductor company's stock, valued at approximately $986,722,000. BlackRock Inc. owned approximately 15.44% of Ultra Clean as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of UCTT. Royal Bank of Canada increased its holdings in Ultra Clean by 35.8% during the first quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company's stock worth $555,000 after buying an additional 6,841 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Ultra Clean by 16.9% during the 1st quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company's stock valued at $4,256,000 after purchasing an additional 28,690 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Ultra Clean by 5.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company's stock worth $566,000 after purchasing an additional 1,257 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Ultra Clean by 18.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company's stock worth $1,822,000 after purchasing an additional 13,005 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of Ultra Clean by 1,987.5% in the first quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company's stock valued at $3,173,000 after purchasing an additional 141,114 shares during the last quarter. Institutional investors and hedge funds own 96.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on UCTT. UBS Group reissued a "buy" rating on shares of Ultra Clean in a report on Tuesday, August 4th. Oppenheimer lifted their price objective on shares of Ultra Clean from $115.00 to $150.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 4th. TD Cowen boosted their price objective on shares of Ultra Clean from $130.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. Weiss Ratings lowered shares of Ultra Clean from a "sell (d)" rating to a "sell (d-)" rating in a research report on Friday, August 7th. Finally, 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 research report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat, Ultra Clean presently has an average rating of "Moderate Buy" and an average price target of $129.00.

Insider Activity at Ultra Clean

In related news, CFO Sheri Savage sold 15,766 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $89.47, for a total value of $1,410,584.02. Following the completion of the sale, the chief financial officer directly owned 50,710 shares of the company's stock, valued at approximately $4,537,023.70. This represents a 23.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Emily M. Liggett sold 8,198 shares of the firm's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total value of $755,691.64. Following the transaction, the director owned 38,152 shares in the company, valued at approximately $3,516,851.36. This trade represents a 17.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 39,329 shares of company stock valued at $3,540,599. 1.80% of the stock is owned by company insiders.

Ultra Clean Stock Up 4.7%

Shares of NASDAQ:UCTT opened at $76.43 on Friday. Ultra Clean Holdings, Inc. has a 1 year low of $21.49 and a 1 year high of $144.22. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.73 and a quick ratio of 1.25. The business's 50-day moving average is $98.44 and its 200-day moving average is $80.09. The company has a market capitalization of $3.43 billion, a price-to-earnings ratio of -146.98, a P/E/G ratio of 0.78 and a beta of 1.88.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.17. The company 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 in the previous year, the business posted $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Equities research analysts predict that Ultra Clean Holdings, Inc. will post 2.67 earnings per share for the current year.

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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