Public Sector Pension Investment Board Has $3.06 Million Stock Holdings in Ultra Clean Holdings, Inc. $UCTT

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Public Sector Pension Investment Board increased its stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) by 27.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 142,848 shares of the semiconductor company's stock after buying an additional 30,608 shares during the period. Public Sector Pension Investment Board owned 0.32% of Ultra Clean worth $3,058,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Ellevest Inc. boosted its holdings in shares of Ultra Clean by 3.5% during the 4th quarter. Ellevest Inc. now owns 13,263 shares of the semiconductor company's stock worth $477,000 after buying an additional 445 shares during the period. Bank of Montreal Can boosted its holdings in shares of Ultra Clean by 6.4% during the 4th quarter. Bank of Montreal Can now owns 7,957 shares of the semiconductor company's stock worth $286,000 after buying an additional 478 shares during the period. Quarry LP boosted its holdings in shares of Ultra Clean by 58.1% during the 4th quarter. Quarry LP now owns 1,913 shares of the semiconductor company's stock worth $69,000 after buying an additional 703 shares during the period. MetLife Investment Management LLC boosted its holdings in shares of Ultra Clean by 2.9% during the 4th quarter. MetLife Investment Management LLC now owns 26,706 shares of the semiconductor company's stock worth $960,000 after buying an additional 765 shares during the period. Finally, State of Tennessee Department of Treasury boosted its holdings in shares of Ultra Clean by 6.0% during the 4th quarter. State of Tennessee Department of Treasury now owns 16,026 shares of the semiconductor company's stock worth $576,000 after buying an additional 910 shares during the period. Institutional investors own 96.06% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on UCTT shares. TD Cowen reduced their target price on shares of Ultra Clean from $48.00 to $32.00 and set a "buy" rating for the company in a report on Tuesday, April 29th. Needham & Company LLC boosted their price objective on shares of Ultra Clean from $26.00 to $30.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Finally, Wall Street Zen downgraded shares of Ultra Clean from a "hold" rating to a "sell" rating in a report on Wednesday, April 30th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Ultra Clean currently has a consensus rating of "Buy" and a consensus target price of $30.67.

Insider Activity at Ultra Clean

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

Ultra Clean Stock Performance

NASDAQ UCTT traded up $1.23 during trading on Friday, reaching $23.74. The company's stock had a trading volume of 365,694 shares, compared to its average volume of 484,306. The company has a current ratio of 3.06, a quick ratio of 1.86 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of -7.02, a price-to-earnings-growth ratio of 0.88 and a beta of 1.99. Ultra Clean Holdings, Inc. has a 12 month low of $16.66 and a 12 month high of $41.90. The firm has a 50 day moving average price of $23.27 and a 200 day moving average price of $23.71.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last issued its earnings results on Monday, July 28th. The semiconductor company reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $518.80 million during the quarter, compared to analysts' expectations of $500.83 million. Ultra Clean had a negative net margin of 7.15% and a positive return on equity of 5.32%. The business's revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.32 EPS. Ultra Clean has set its Q3 2025 guidance at 0.140-0.340 EPS. As a group, equities analysts anticipate that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current fiscal year.

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.