Harbor Capital Advisors Inc. Increases Stock Holdings in Ultra Clean Holdings, Inc. $UCTT

Key Points

• Harbor Capital Advisors Inc. increased its stake in Ultra Clean Holdings by 13.3%, now owning approximately 1.00% of the company, valued at $10.17 million.
• Needham & Company raised their price target on Ultra Clean shares from $26.00 to $30.00, affirming a "buy" rating, with an average price target of $30.67 across analysts.
• Ultra Clean reported $518.80 million in revenue for the last quarter, exceeding analyst estimates, but revealed a negative net margin of 7.15%.

Harbor Capital Advisors Inc. raised its position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) by 13.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 450,603 shares of the semiconductor company's stock after purchasing an additional 52,964 shares during the period. Harbor Capital Advisors Inc. owned about 1.00% of Ultra Clean worth $10,170,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Ultra Clean by 3.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,168 shares of the semiconductor company's stock valued at $905,000 after acquiring an additional 951 shares during the last quarter. CWM LLC lifted its position in Ultra Clean by 29.1% during the first quarter. CWM LLC now owns 4,725 shares of the semiconductor company's stock worth $101,000 after buying an additional 1,064 shares during the period. Janney Montgomery Scott LLC lifted its position in Ultra Clean by 5.3% during the first quarter. Janney Montgomery Scott LLC now owns 21,288 shares of the semiconductor company's stock worth $456,000 after buying an additional 1,068 shares during the period. Versant Capital Management Inc lifted its position in Ultra Clean by 386.9% during the first quarter. Versant Capital Management Inc now owns 1,412 shares of the semiconductor company's stock worth $30,000 after buying an additional 1,122 shares during the period. Finally, Byrne Asset Management LLC purchased a new position in Ultra Clean during the first quarter worth about $25,000. Institutional investors and hedge funds own 96.06% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC increased their target price on Ultra Clean from $26.00 to $30.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $30.67.

Ultra Clean Trading Up 9.1%

Shares of Ultra Clean stock traded up $2.35 during trading hours on Thursday, reaching $28.26. The stock had a trading volume of 455,119 shares, compared to its average volume of 510,085. The firm has a 50 day simple moving average of $24.07 and a two-hundred day simple moving average of $22.43. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of -8.36, a P/E/G ratio of 1.02 and a beta of 2.14. The company has a current ratio of 3.06, a quick ratio of 1.86 and a debt-to-equity ratio of 0.59. Ultra Clean Holdings, Inc. has a 1 year low of $16.66 and a 1 year high of $41.90.

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