Ultra Clean Holdings, Inc. $UCTT Shares Sold by Goldman Sachs Group Inc.

Key Points

• Goldman Sachs Group Inc. reduced its stake in Ultra Clean Holdings by 25.2%, now holding 232,688 shares worth approximately $4.98 million after selling 78,424 shares.
• Ultra Clean reported $0.27 earnings per share for the last quarter, meeting analysts' expectations, and its revenue increased to $518.80 million, surpassing predictions.
• Needham & Company raised its price target for Ultra Clean shares from $26.00 to $30.00, maintaining a "buy" rating as the consensus rating among analysts is also a "buy" with an average target price of $30.67.

Goldman Sachs Group Inc. reduced its position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) by 25.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 232,688 shares of the semiconductor company's stock after selling 78,424 shares during the period. Goldman Sachs Group Inc. owned about 0.52% of Ultra Clean worth $4,982,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of UCTT. Strs Ohio acquired a new stake in Ultra Clean in the first quarter valued at $407,000. Jane Street Group LLC grew its holdings in shares of Ultra Clean by 1,987.5% during the first quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company's stock worth $3,173,000 after buying an additional 141,114 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Ultra Clean by 18.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company's stock worth $1,822,000 after buying an additional 13,005 shares during the last quarter. Petrus Trust Company LTA purchased a new position in shares of Ultra Clean during the first quarter worth about $275,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Ultra Clean by 5.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company's stock valued at $566,000 after purchasing an additional 1,257 shares in the last quarter. 96.06% of the stock is currently owned by institutional investors and hedge funds.

Ultra Clean Price Performance

Shares of Ultra Clean stock traded down $0.57 during trading on Friday, hitting $27.69. 770,739 shares of the company were exchanged, compared to its average volume of 303,711. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -8.19, a P/E/G ratio of 1.11 and a beta of 2.14. The company has a quick ratio of 1.86, a current ratio of 3.06 and a debt-to-equity ratio of 0.59. Ultra Clean Holdings, Inc. has a fifty-two week low of $16.66 and a fifty-two week high of $41.90. The firm has a 50 day moving average price of $24.13 and a 200 day moving average price of $22.46.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 during the quarter, compared to analysts' expectations of $500.83 million. During the same period in the previous year, the company earned $0.32 EPS. The business's quarterly 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. On average, equities analysts expect that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Needham & Company LLC lifted their price objective on Ultra Clean from $26.00 to $30.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock 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.