Public Sector Pension Investment Board Boosts Position in Ichor Holdings, Ltd. $ICHR

Key Points

• The Public Sector Pension Investment Board increased its stake in Ichor Holdings, Ltd. by 27.2%, owning 107,353 shares with a total value of approximately $2.43 million as of the latest SEC filing.
• Ichor has recently received mixed analyst ratings, with three analysts rating it a "Buy" and three assigning a "Hold" rating, while target prices have been adjusted downwards.
• Despite an 18.2% revenue growth year-over-year, Ichor reported a quarterly earnings miss, posting $0.03 EPS against analyst expectations of $0.14 EPS.

Public Sector Pension Investment Board boosted its stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 27.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,353 shares of the technology company's stock after buying an additional 22,988 shares during the period. Public Sector Pension Investment Board owned approximately 0.31% of Ichor worth $2,427,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Invesco Ltd. increased its position in Ichor by 6.1% during the 1st quarter. Invesco Ltd. now owns 1,168,756 shares of the technology company's stock valued at $26,426,000 after buying an additional 66,942 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Ichor by 52.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,562 shares of the technology company's stock valued at $147,000 after buying an additional 1,578 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Ichor by 5.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,780 shares of the technology company's stock valued at $605,000 after buying an additional 959 shares in the last quarter. Principal Financial Group Inc. increased its position in Ichor by 2.9% during the 1st quarter. Principal Financial Group Inc. now owns 168,688 shares of the technology company's stock valued at $3,814,000 after buying an additional 4,803 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Ichor by 19.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,633 shares of the technology company's stock valued at $2,115,000 after buying an additional 10,729 shares in the last quarter. Institutional investors own 94.81% of the company's stock.

Analyst Ratings Changes

ICHR has been the subject of a number of analyst reports. Wall Street Zen lowered Ichor from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Needham & Company LLC reaffirmed a "hold" rating on shares of Ichor in a research report on Tuesday, May 6th. DA Davidson reduced their target price on Ichor from $45.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, August 6th. B. Riley lowered Ichor from a "buy" rating to a "neutral" rating and set a $18.00 target price for the company. in a report on Tuesday, August 5th. Finally, Oppenheimer set a $21.00 target price on Ichor and gave the stock a "market perform" rating in a report on Tuesday, August 5th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $23.80.

Ichor Stock Down 1.5%

Shares of Ichor stock traded down $0.28 on Monday, reaching $17.88. The company's stock had a trading volume of 597,424 shares, compared to its average volume of 1,297,493. The company has a market capitalization of $613.82 million, a price-to-earnings ratio of -29.31 and a beta of 1.75. The firm's fifty day simple moving average is $19.86 and its two-hundred day simple moving average is $21.51. Ichor Holdings, Ltd. has a 52 week low of $13.12 and a 52 week high of $36.48. The company has a quick ratio of 1.32, a current ratio of 3.22 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR - Get Free Report) last posted its earnings results on Monday, August 4th. The technology company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.11). The business had revenue of $240.29 million during the quarter, compared to the consensus estimate of $234.51 million. Ichor had a negative return on equity of 0.77% and a negative net margin of 2.23%.The firm's revenue for the quarter was up 18.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.05 EPS. Ichor has set its Q3 2025 guidance at 0.060-0.18 EPS. Equities analysts anticipate that Ichor Holdings, Ltd. will post 1.01 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Iain Mackenzie acquired 25,000 shares of Ichor stock in a transaction that occurred on Thursday, August 7th. The stock was bought at an average price of $16.63 per share, for a total transaction of $415,750.00. Following the completion of the transaction, the director owned 60,011 shares in the company, valued at $997,982.93. The trade was a 71.41% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Marc Haugen acquired 3,000 shares of Ichor stock in a transaction that occurred on Thursday, August 7th. The shares were purchased at an average price of $17.75 per share, with a total value of $53,250.00. Following the transaction, the director owned 42,960 shares of the company's stock, valued at $762,540. The trade was a 7.51% increase in their position. The disclosure for this purchase can be found here. 1.90% of the stock is currently owned by corporate insiders.

About Ichor

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.