Ultra Clean Holdings, Inc. $UCTT Stock Position Increased by Public Sector Pension Investment Board

Key Points

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Public Sector Pension Investment Board boosted its position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) by 27.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 142,848 shares of the semiconductor company's stock after purchasing an additional 30,608 shares during the period. Public Sector Pension Investment Board owned approximately 0.32% of Ultra Clean worth $3,058,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in Ultra Clean during the 1st quarter valued at $6,893,000. Invesco Ltd. grew its holdings in Ultra Clean by 62.9% during the 1st quarter. Invesco Ltd. now owns 1,681,675 shares of the semiconductor company's stock worth $36,005,000 after acquiring an additional 649,642 shares in the last quarter. Headlands Technologies LLC grew its holdings in Ultra Clean by 1,461.7% during the 1st quarter. Headlands Technologies LLC now owns 11,338 shares of the semiconductor company's stock worth $243,000 after acquiring an additional 10,612 shares in the last quarter. Vanguard Group Inc. grew its holdings in Ultra Clean by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 4,847,408 shares of the semiconductor company's stock worth $103,783,000 after acquiring an additional 12,180 shares in the last quarter. Finally, Blair William & Co. IL grew its holdings in Ultra Clean by 126.1% during the 1st quarter. Blair William & Co. IL now owns 22,100 shares of the semiconductor company's stock worth $473,000 after acquiring an additional 12,325 shares in the last quarter. 96.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UCTT has been the subject of several recent analyst reports. Needham & Company LLC raised their price objective on shares of Ultra Clean from $26.00 to $30.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. TD Cowen decreased their price objective 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. Finally, Wall Street Zen lowered 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 data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $30.67.

Insider Transactions at Ultra Clean

In other news, General Counsel Paul Yoonku Cho sold 4,084 shares of the firm's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $21.06, for a total value of $86,009.04. Following the transaction, the general counsel directly owned 23,345 shares in the company, valued at approximately $491,645.70. This trade represents a 14.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jeffrey L. Mckibben sold 6,294 shares of the firm's 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 transaction, the insider owned 21,996 shares in the company, valued at approximately $459,056.52. The trade was a 22.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.90% of the company's stock.

Ultra Clean Stock Performance

Shares of Ultra Clean stock traded up $1.23 during trading hours on Friday, reaching $23.74. The company's stock had a trading volume of 365,694 shares, compared to its average volume of 485,072. The company's 50 day simple moving average is $23.27 and its 200 day simple moving average is $23.50. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.86 and a current ratio of 3.06. Ultra Clean Holdings, Inc. has a one year low of $16.66 and a one year high of $41.90. The stock has a market cap of $1.08 billion, a P/E ratio of -7.02, a price-to-earnings-growth ratio of 0.93 and a beta of 1.99.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last posted its quarterly earnings results 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 negative net margin of 7.15% and a positive return on equity of 5.32%. The company had revenue of $518.80 million for the quarter, compared to the consensus estimate of $500.83 million. During the same period last year, the firm posted $0.32 EPS. The company's revenue for the quarter was up .5% on a year-over-year basis. Ultra Clean has set its Q3 2025 guidance at 0.140-0.340 EPS. As a group, analysts expect that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current fiscal year.

Ultra Clean Company 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.