Ultra Clean Holdings, Inc. $UCTT Shares Bought by Strs Ohio

Strs Ohio grew its position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 168.6% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,400 shares of the semiconductor company’s stock after buying an additional 5,900 shares during the quarter. Strs Ohio’s holdings in Ultra Clean were worth $584,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Quadrant Capital Group LLC raised its holdings in Ultra Clean by 40.3% during the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 284 shares in the last quarter. Danske Bank A S boosted its holdings in Ultra Clean by 450.0% in the 4th quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 900 shares in the last quarter. AdvisorNet Financial Inc acquired a new position in Ultra Clean during the 1st quarter worth approximately $34,000. Smartleaf Asset Management LLC increased its position in Ultra Clean by 472.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 1,414 shares during the period. Finally, Advisory Services Network LLC purchased a new position in shares of Ultra Clean during the 3rd quarter worth approximately $45,000. Institutional investors and hedge funds own 96.06% of the company’s stock.

Ultra Clean News Summary

Here are the key news stories impacting Ultra Clean this week:

• Positive Sentiment: Ultra Clean appointed veteran finance executive Michael Keogh as chief financial officer, a move that may improve financial leadership and execution as the company looks to capitalize on growth opportunities. Ultra Clean Appoints Michael Keogh as Chief Financial Officer
• Positive Sentiment: Analysts and market commentary suggest UCTT could benefit from rising AI-driven wafer fab equipment spending, which supports a constructive longer-term demand outlook for the semiconductor supply chain. Can Ultra Clean Benefit From Rising AI-Driven WFE Spending?
• Neutral Sentiment: New valuation pieces describe Ultra Clean as potentially expensive on cash flow but attractive on sales, reinforcing the view that the stock is sensitive to how investors weigh growth versus profitability. Ultra Clean Holdings (UCTT) Stock Looks Priced For Perfection On Cash Flow But A Bargain On Sales
• Neutral Sentiment: Another article asked whether UCTT is undervalued after the CFO change and recent volatility, but it was more of a valuation debate than a direct catalyst. Is Ultra Clean Holdings (UCTT) Undervalued As A New CFO Arrives And Volatility Swings?
• Negative Sentiment: Recent coverage noted that UCTT had fallen sharply ahead of these headlines, suggesting the stock may still be recovering from prior pressure despite the new positive news flow. What To Do After Ultra Clean Holdings Fell By Nearly 15%

Ultra Clean Stock Up 5.2%

UCTT opened at $106.19 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.72 and a current ratio of 3.07. The company has a market cap of $4.76 billion, a price-to-earnings ratio of -24.75, a PEG ratio of 1.35 and a beta of 1.83. Ultra Clean Holdings, Inc. has a one year low of $21.28 and a one year high of $144.22. The business’s fifty day moving average is $96.95 and its two-hundred day moving average is $68.88.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.04. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The business had revenue of $533.70 million during the quarter, compared to the consensus estimate of $525.28 million. During the same quarter in the previous year, the company posted $0.28 EPS. The business’s revenue was up 2.9% on a year-over-year basis. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current fiscal year.

Insider Activity at Ultra Clean

In other Ultra Clean news, SVP Jamie J. Palfrey sold 8,691 shares of Ultra Clean stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total value of $692,846.52. Following the completion of the sale, the senior vice president directly owned 16,446 shares of the company’s stock, valued at approximately $1,311,075.12. The trade was a 34.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Christopher S. Cook sold 11,903 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $75.31, for a total value of $896,414.93. Following the completion of the transaction, the insider owned 108,905 shares of the company’s stock, valued at $8,201,635.55. This trade represents a 9.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 80,106 shares of company stock valued at $6,734,589 in the last ninety days. 1.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on UCTT shares. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. UBS Group assumed coverage on Ultra Clean in a research report on Tuesday, May 5th. They issued a “buy” rating and a $130.00 price objective for the company. Needham & Company LLC raised their target price on Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. TD Cowen raised their target price on Ultra Clean from $100.00 to $130.00 and gave the company a “buy” rating in a report on Thursday. Finally, Oppenheimer boosted their target price on shares of Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 9th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $113.40.

About Ultra Clean

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.