Wellington Management Group LLP Takes Position in Ultra Clean Holdings, Inc. $UCTT

Key Points

• Wellington Management Group initiated a position in Ultra Clean Holdings, purchasing 53,796 shares worth approximately $7.67 million, representing about 0.12% of the company. Institutional investors collectively own 96.06% of UCTT.
• Analyst sentiment is generally positive: UCTT has a consensus “Moderate Buy” rating and an average price target of $129, while Oppenheimer raised its target to $150 and maintained an outperform rating.
• Ultra Clean exceeded quarterly expectations, reporting $0.70 in earnings per share versus the $0.53 consensus and $644.9 million in revenue, up 24.3% year over year. The company issued third-quarter 2026 EPS guidance of $0.83 to $1.03.

Wellington Management Group LLP acquired a new stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 53,796 shares of the semiconductor company's stock, valued at approximately $7,671,000. Wellington Management Group LLP owned about 0.12% of Ultra Clean as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in Ultra Clean by 37.3% in the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company's stock worth $45,000 after purchasing an additional 196 shares during the period. Kilter Group LLC bought a new position in shares of Ultra Clean in the second quarter worth about $30,000. Quadrant Capital Group LLC increased its stake in Ultra Clean by 40.3% in the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company's stock worth $25,000 after buying an additional 284 shares during the period. ProShare Advisors LLC lifted its holdings in Ultra Clean by 2.7% during the 4th quarter. ProShare Advisors LLC now owns 13,491 shares of the semiconductor company's stock valued at $342,000 after buying an additional 350 shares in the last quarter. Finally, Swiss National Bank boosted its position in Ultra Clean by 0.4% in the 1st quarter. Swiss National Bank now owns 89,800 shares of the semiconductor company's stock valued at $5,584,000 after buying an additional 400 shares during the period. Institutional investors own 96.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on UCTT shares. Zacks Research raised shares of Ultra Clean from a "hold" rating to a "strong-buy" rating in a research note on Monday, May 25th. Wall Street Zen upgraded shares of Ultra Clean from a "hold" rating to a "buy" rating in a report on Sunday, August 9th. Weiss Ratings downgraded Ultra Clean from a "sell (d)" rating to a "sell (d-)" rating in a research report on Friday, August 7th. Oppenheimer raised their price target on shares of Ultra Clean from $115.00 to $150.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 4th. Finally, UBS Group reissued a "buy" rating on shares of Ultra Clean in a report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $129.00.

Ultra Clean Stock Performance

Shares of UCTT stock opened at $75.62 on Wednesday. Ultra Clean Holdings, Inc. has a one year low of $21.49 and a one year high of $144.22. The firm's 50 day moving average price is $86.77 and its 200-day moving average price is $81.98. The firm has a market cap of $3.39 billion, a P/E ratio of -145.42, a P/E/G ratio of 0.78 and a beta of 1.88. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.25 and a current ratio of 2.73.

Ultra Clean (NASDAQ:UCTT - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.53 by $0.17. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. The firm had revenue of $644.90 million during the quarter, compared to analysts' expectations of $587.65 million. During the same quarter in the previous year, the business posted $0.27 earnings per share. The business's quarterly revenue was up 24.3% compared to the same quarter last year. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, equities research analysts predict that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current year.

Ultra Clean Company Profile

Ultra Clean Holdings, Inc is a global supplier of critical consumables and process tools for the semiconductor manufacturing industry. The company specializes in precision parts cleaning, chemical–mechanical planarization (CMP) slurries, surface conditioning pads, and specialty components used in wafer fabrication and advanced packaging. Ultra Clean also provides assembly and test hardware, tooling, and automated modules designed to support complex front-end and back-end processes in semiconductor fabs.

Ultra Clean's product portfolio encompasses a range of cleaning systems and consumables aimed at particle and film removal, as well as CMP slurries and pads that are engineered for uniform material removal and planarization.

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