Ultra Clean Holdings, Inc. $UCTT Shares Sold by Boston Partners

Key Points

• Boston Partners reduced its holdings in Ultra Clean Holdings, Inc. by 1.4% in Q1, selling 14,182 shares for a total ownership of approximately $21.4 million.
• Ultra Clean reported quarterly earnings hitting expectations, with $0.27 EPS and revenue of $518.8 million, reflecting a year-over-year revenue increase of 0.5%.
• Institutional investors own about 96.06% of Ultra Clean, with various funds making notable adjustments to their positions recently.

Boston Partners decreased its holdings in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) by 1.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,021,032 shares of the semiconductor company's stock after selling 14,182 shares during the period. Boston Partners owned about 2.26% of Ultra Clean worth $21,439,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Shapiro Capital Management LLC lifted its holdings in Ultra Clean by 66.8% in the fourth quarter. Shapiro Capital Management LLC now owns 2,746,482 shares of the semiconductor company's stock worth $98,736,000 after purchasing an additional 1,099,899 shares during the period. Invesco Ltd. lifted its stake in Ultra Clean by 62.9% during the first quarter. Invesco Ltd. now owns 1,681,675 shares of the semiconductor company's stock valued at $36,005,000 after buying an additional 649,642 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Ultra Clean in the first quarter worth approximately $6,893,000. Nuveen Asset Management LLC lifted its position in shares of Ultra Clean by 41.3% in the fourth quarter. Nuveen Asset Management LLC now owns 714,504 shares of the semiconductor company's stock worth $25,686,000 after purchasing an additional 208,910 shares in the last quarter. Finally, Oberweis Asset Management Inc. grew its holdings in Ultra Clean by 39.4% during the fourth quarter. Oberweis Asset Management Inc. now owns 613,300 shares of the semiconductor company's stock valued at $22,048,000 after purchasing an additional 173,200 shares during the last quarter. Institutional investors own 96.06% of the company's stock.

Insider Transactions at Ultra Clean

In related news, insider Jeffrey L. Mckibben sold 6,294 shares of the stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $20.87, for a total transaction of $131,355.78. Following the completion of the sale, the insider directly owned 21,996 shares in the company, valued at $459,056.52. This represents a 22.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Paul Yoonku Cho sold 4,084 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $21.06, for a total value of $86,009.04. Following the completion of the transaction, the general counsel directly owned 23,345 shares of the company's stock, valued at $491,645.70. This represents a 14.89% decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by corporate insiders.

Ultra Clean Trading Up 0.3%

UCTT stock traded up $0.07 during mid-day trading on Thursday, reaching $22.41. The company's stock had a trading volume of 41,759 shares, compared to its average volume of 531,679. The business's 50 day moving average price is $23.17 and its 200 day moving average price is $23.90. The company has a current ratio of 3.06, a quick ratio of 1.86 and a debt-to-equity ratio of 0.59. Ultra Clean Holdings, Inc. has a 12 month low of $16.66 and a 12 month high of $41.90. The company has a market cap of $1.02 billion, a price-to-earnings ratio of -6.63, a price-to-earnings-growth ratio of 0.90 and a beta of 1.99.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last issued its earnings results on Monday, July 28th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 analyst estimates of $500.83 million. During the same period in the previous year, the company posted $0.32 earnings per share. The business's revenue was up .5% on a year-over-year basis. Ultra Clean has set its Q3 2025 guidance at 0.140-0.340 EPS. On average, equities research analysts predict that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on UCTT. Needham & Company LLC lifted their price target on shares of Ultra Clean from $26.00 to $30.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. Wall Street Zen cut Ultra Clean from a "hold" rating to a "sell" rating in a research note on Wednesday, April 30th. Finally, TD Cowen dropped their price target on Ultra Clean from $48.00 to $32.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Ultra Clean presently has a consensus rating of "Buy" and a consensus price target of $30.67.

About Ultra Clean

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.