Royal Bank of Canada lifted its stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report) by 114.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,786 shares of the semiconductor company’s stock after purchasing an additional 14,818 shares during the quarter. Royal Bank of Canada’s holdings in Ultra Clean were worth $1,727,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also made changes to their positions in the company. Quadrant Capital Group LLC grew its position in Ultra Clean by 40.3% during the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 284 shares in the last quarter. ProShare Advisors LLC boosted its stake in shares of 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 during the period. State of Alaska Department of Revenue boosted its stake in shares of Ultra Clean by 1.6% during the 4th quarter. State of Alaska Department of Revenue now owns 25,093 shares of the semiconductor company’s stock valued at $635,000 after buying an additional 400 shares during the period. Swiss National Bank grew its holdings in shares of Ultra Clean by 0.4% during the 1st quarter. Swiss National Bank now owns 89,800 shares of the semiconductor company’s stock valued at $5,584,000 after acquiring an additional 400 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Ultra Clean by 10.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,414 shares of the semiconductor company’s stock valued at $274,000 after acquiring an additional 414 shares in the last quarter. 96.06% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on UCTT shares. UBS Group reiterated a “buy” rating on shares of Ultra Clean in a report on Tuesday, August 4th. Wall Street Zen raised Ultra Clean from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Oppenheimer raised their price target on Ultra Clean from $115.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 4th. TD Cowen lifted their price target on Ultra Clean from $130.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Finally, Needham & Company LLC boosted their price target on Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ultra Clean presently has an average rating of “Moderate Buy” and a consensus price target of $129.00.
Ultra Clean Stock Performance
NASDAQ:UCTT opened at $81.82 on Wednesday. Ultra Clean Holdings, Inc. has a 1 year low of $21.49 and a 1 year high of $144.22. The firm’s fifty day simple moving average is $100.04 and its 200 day simple moving average is $79.71. The company has a current ratio of 2.73, a quick ratio of 1.25 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $3.67 billion, a PE ratio of -157.35, a PEG ratio of 0.91 and a beta of 1.88.
Ultra Clean (NASDAQ:UCTT – Get Free Report) last released its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, topping 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 analyst estimates of $587.65 million. During the same quarter in the previous year, the business earned $0.27 EPS. The business’s revenue was up 24.3% on a year-over-year basis. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. On average, sell-side analysts anticipate that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current year.
Insider Transactions at Ultra Clean
In related news, Director Emily M. Liggett sold 8,198 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total transaction of $755,691.64. Following the completion of the transaction, the director owned 38,152 shares of the company’s stock, valued at approximately $3,516,851.36. The trade was a 17.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Paul Yoonku Cho sold 944 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total value of $84,365.28. Following the sale, the general counsel owned 22,941 shares of the company’s stock, valued at approximately $2,050,237.17. The trade was a 3.95% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 39,329 shares of company stock worth $3,540,599. Company insiders own 1.80% of the company’s stock.
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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