Liontrust Investment Partners LLP Lowers Stock Holdings in Ultra Clean Holdings, Inc. $UCTT

Key Points

• Liontrust Investment Partners LLP reduced its holdings in Ultra Clean Holdings by 9.7%, selling 33,975 shares, and now owns 315,484 shares worth approximately $6.76 million.
• Despite some institutional investors increasing their stakes, the stock recently dropped 1.9% and opened at $23.54, with analysts predicting an EPS of 1.09 for the current fiscal year.
• Insider sales were reported, including Jeffrey L. Mckibben offloading 6,294 shares at an average price of $20.87, indicating a significant 22.25% decrease in ownership.

Liontrust Investment Partners LLP lessened its stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) by 9.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 315,484 shares of the semiconductor company's stock after selling 33,975 shares during the quarter. Liontrust Investment Partners LLP owned 0.70% of Ultra Clean worth $6,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of UCTT. LPL Financial LLC raised its holdings in shares of Ultra Clean by 6.2% during the fourth quarter. LPL Financial LLC now owns 25,876 shares of the semiconductor company's stock valued at $930,000 after purchasing an additional 1,504 shares during the last quarter. Alliancebernstein L.P. grew its position in Ultra Clean by 5.8% in the 4th quarter. Alliancebernstein L.P. now owns 59,815 shares of the semiconductor company's stock worth $2,150,000 after purchasing an additional 3,277 shares during the period. Envestnet Asset Management Inc. purchased a new stake in Ultra Clean during the 4th quarter valued at $1,126,000. Bank of Montreal Can lifted 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 valued at $286,000 after buying an additional 478 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of Ultra Clean during the 4th quarter valued at $3,988,000. Institutional investors own 96.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on UCTT shares. Wall Street Zen downgraded Ultra Clean from a "hold" rating to a "sell" rating in a report on Wednesday, April 30th. Needham & Company LLC upped their price target on shares of Ultra Clean from $26.00 to $30.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Finally, TD Cowen dropped their price objective on shares of Ultra Clean from $48.00 to $32.00 and set a "buy" rating on the stock in a report on Tuesday, April 29th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $30.67.

Insider Buying and Selling

In related news, General Counsel Paul Yoonku Cho sold 4,084 shares of the business's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $21.06, for a total value of $86,009.04. Following the sale, the general counsel owned 23,345 shares in the company, valued at approximately $491,645.70. The trade was a 14.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey L. Mckibben sold 6,294 shares of the stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $20.87, for a total value of $131,355.78. Following the completion of the sale, 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. 1.90% of the stock is currently owned by corporate insiders.

Ultra Clean Price Performance

Shares of UCTT traded down $0.69 during trading hours on Wednesday, reaching $22.34. 278,892 shares of the stock traded hands, compared to its average volume of 511,138. The company has a market cap of $1.01 billion, a P/E ratio of -6.61, a price-to-earnings-growth ratio of 0.90 and a beta of 1.99. 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 company's 50-day moving average price is $23.17 and its two-hundred day moving average price is $23.90. Ultra Clean Holdings, Inc. has a 52-week low of $16.66 and a 52-week high of $41.90.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.27 EPS for the quarter, meeting 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 business had revenue of $518.80 million for the quarter, compared to analysts' expectations of $500.83 million. During the same period last year, the firm earned $0.32 earnings per share. The business's quarterly revenue was up .5% on a year-over-year basis. Ultra Clean has set its Q3 2025 guidance at 0.140-0.340 EPS. On average, analysts anticipate that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current 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.