Petrus Trust Company LTA Takes $275,000 Position in Ultra Clean Holdings, Inc. $UCTT

Key Points

• Petrus Trust Company LTA has acquired a new position in Ultra Clean Holdings, Inc. by purchasing 12,867 shares valued at approximately $275,000 during Q1, as reported in a recent SEC filing.
• Ultra Clean's recent quarterly earnings met analysts' expectations with $0.27 EPS and reported revenue of $518.80 million, surpassing estimates of $500.83 million.
• Following strong earnings, Needham & Company raised their price target on Ultra Clean from $26.00 to $30.00, with an average price target of $30.67 among analysts rating the stock as a "buy."

Petrus Trust Company LTA acquired a new position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 12,867 shares of the semiconductor company's stock, valued at approximately $275,000.

Several other hedge funds and other institutional investors have also modified their holdings of UCTT. Janney Montgomery Scott LLC grew its stake in shares of Ultra Clean by 5.3% during the first quarter. Janney Montgomery Scott LLC now owns 21,288 shares of the semiconductor company's stock worth $456,000 after purchasing an additional 1,068 shares during the period. GAMMA Investing LLC boosted its position in Ultra Clean by 2,272.9% during the first quarter. GAMMA Investing LLC now owns 29,139 shares of the semiconductor company's stock valued at $624,000 after purchasing an additional 27,911 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Ultra Clean by 444.3% in the first quarter. Farther Finance Advisors LLC now owns 12,034 shares of the semiconductor company's stock valued at $253,000 after buying an additional 9,823 shares during the period. Bank of America Corp DE raised its stake in Ultra Clean by 32.7% in the fourth quarter. Bank of America Corp DE now owns 161,828 shares of the semiconductor company's stock valued at $5,818,000 after buying an additional 39,879 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Ultra Clean by 62.9% during the first quarter. Invesco Ltd. now owns 1,681,675 shares of the semiconductor company's stock worth $36,005,000 after purchasing an additional 649,642 shares during the period. Institutional investors own 96.06% of the company's stock.

Ultra Clean Stock Performance

Shares of NASDAQ:UCTT traded down $0.29 during trading on Friday, hitting $25.23. 257,161 shares of the company were exchanged, compared to its average volume of 294,414. The company has a market cap of $1.14 billion, a PE ratio of -7.46, a P/E/G ratio of 0.99 and a beta of 2.14. The stock has a 50 day moving average of $23.93 and a 200 day moving average of $22.34. Ultra Clean Holdings, Inc. has a 52-week low of $16.66 and a 52-week high of $41.90. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.06 and a quick ratio of 1.86.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last issued its quarterly earnings data on Monday, July 28th. The semiconductor company reported $0.27 earnings per share (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 company had revenue of $518.80 million for the quarter, compared to the consensus estimate of $500.83 million. During the same quarter last year, the business posted $0.32 earnings per share. The firm'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. As a group, equities research analysts predict that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC lifted 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 research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Ultra Clean currently has an average rating of "Buy" and a consensus target price of $30.67.

Ultra Clean 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.