Deutsche Bank AG purchased a new position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 105,312 shares of the semiconductor company's stock, valued at approximately $15,016,000. Deutsche Bank AG owned about 0.23% of Ultra Clean as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Ultra Clean by 6.2% in the 4th quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company's stock valued at $126,415,000 after purchasing an additional 293,048 shares during the last quarter. Invesco Ltd. grew its position in Ultra Clean by 63.1% during the 4th quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company's stock worth $86,118,000 after purchasing an additional 1,315,407 shares during the last quarter. State Street Corp grew its position in Ultra Clean by 5.0% during the 4th quarter. State Street Corp now owns 1,852,482 shares of the semiconductor company's stock worth $46,923,000 after purchasing an additional 87,931 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Ultra Clean by 5.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company's stock valued at $20,798,000 after purchasing an additional 43,987 shares in the last quarter. Finally, Cooper Creek Partners Management LLC acquired a new position in Ultra Clean during the 1st quarter valued at approximately $36,486,000. Institutional investors and hedge funds own 96.06% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms have recently commented on UCTT. Wall Street Zen upgraded shares of Ultra Clean from a "hold" rating to a "buy" rating in a research note on Sunday, August 9th. Zacks Research raised shares of Ultra Clean from a "hold" rating to a "strong-buy" rating in a report on Monday, May 25th. Weiss Ratings downgraded Ultra Clean from a "sell (d)" rating to a "sell (d-)" rating in a research report on Friday, August 7th. Oppenheimer raised their target price on Ultra Clean from $115.00 to $150.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 4th. Finally, TD Cowen lifted their price target on Ultra Clean from $130.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Ultra Clean presently has a consensus rating of "Moderate Buy" and a consensus target price of $129.00.
Check Out Our Latest Research Report on Ultra Clean
Ultra Clean Price Performance
Shares of NASDAQ:UCTT opened at $76.43 on Friday. Ultra Clean Holdings, Inc. has a twelve month low of $21.49 and a twelve month high of $144.22. The company's 50 day moving average is $98.44 and its 200 day moving average is $80.09. 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 company has a market cap of $3.43 billion, a PE ratio of -146.98, a price-to-earnings-growth ratio of 0.82 and a beta of 1.88.
Ultra Clean (NASDAQ:UCTT - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.17. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. The company had revenue of $644.90 million during the quarter, compared to analyst estimates of $587.65 million. During the same period last year, the firm posted $0.27 EPS. Ultra Clean's revenue for the quarter was up 24.3% compared to the same quarter last year. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. On average, sell-side analysts forecast that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current year.
Insider Transactions at Ultra Clean
In related news, Director Emily M. Liggett sold 8,198 shares of the business's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total transaction of $755,691.64. Following the completion of the transaction, the director directly owned 38,152 shares in the company, valued at $3,516,851.36. The trade was a 17.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Sheri Savage sold 15,766 shares of the company's stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $89.47, for a total transaction of $1,410,584.02. Following the completion of the sale, the chief financial officer directly owned 50,710 shares in the company, valued at approximately $4,537,023.70. The trade was a 23.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 39,329 shares of company stock worth $3,540,599 over the last 90 days. 1.80% of the stock is currently owned by company insiders.
Ultra Clean Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding UCTT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Ultra Clean, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ultra Clean wasn't on the list.
While Ultra Clean currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
