Royce & Associates LP Acquires 73,872 Shares of Ultra Clean Holdings, Inc. $UCTT

Royce & Associates LP increased its stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTTFree Report) by 7.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,107,416 shares of the semiconductor company’s stock after buying an additional 73,872 shares during the period. Royce & Associates LP’s holdings in Ultra Clean were worth $30,177,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its stake in Ultra Clean by 148.9% in the third quarter. EverSource Wealth Advisors LLC now owns 926 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 554 shares during the last quarter. Allworth Financial LP raised its holdings in shares of Ultra Clean by 237.6% in the 2nd quarter. Allworth Financial LP now owns 1,330 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 936 shares during the period. Smartleaf Asset Management LLC lifted its stake in Ultra Clean by 472.9% in the second quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 1,414 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in Ultra Clean by 82.0% in the third quarter. Hantz Financial Services Inc. now owns 2,742 shares of the semiconductor company’s stock valued at $75,000 after purchasing an additional 1,235 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in Ultra Clean by 823.4% during the second quarter. Nisa Investment Advisors LLC now owns 5,531 shares of the semiconductor company’s stock valued at $125,000 after purchasing an additional 4,932 shares during the period. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Ultra Clean Stock Performance

NASDAQ UCTT opened at $60.68 on Monday. The company’s 50 day simple moving average is $43.40 and its two-hundred day simple moving average is $32.17. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.19 and a quick ratio of 1.89. Ultra Clean Holdings, Inc. has a 1 year low of $16.66 and a 1 year high of $73.80. The stock has a market capitalization of $2.76 billion, a PE ratio of -15.17, a P/E/G ratio of 1.10 and a beta of 2.02.

Ultra Clean (NASDAQ:UCTTGet Free Report) last released its quarterly earnings results on Monday, February 23rd. The semiconductor company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01). The firm had revenue of $506.70 million during the quarter, compared to the consensus estimate of $503.34 million. Ultra Clean had a positive return on equity of 3.88% and a negative net margin of 8.82%.The company’s revenue for the quarter was down 10.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.51 EPS. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. Analysts predict that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current fiscal year.

Insider Activity

In other news, Director David T. Ibnale sold 23,500 shares of Ultra Clean stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $26.63, for a total transaction of $625,805.00. Following the completion of the sale, the director owned 45,241 shares in the company, valued at approximately $1,204,767.83. This trade represents a 34.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on UCTT. Oppenheimer boosted their target price on Ultra Clean from $35.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, February 24th. TD Cowen boosted their price objective on Ultra Clean from $35.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Craig Hallum reaffirmed a “buy” rating and set a $100.00 price objective on shares of Ultra Clean in a report on Tuesday, February 24th. Needham & Company LLC lifted their target price on shares of Ultra Clean from $50.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Finally, Zacks Research raised shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $81.25.

Read Our Latest Report on Ultra Clean

About Ultra Clean

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Ultra Clean (NASDAQ:UCTT)

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