Pinnacle Associates Ltd. Grows Holdings in Ultra Clean Holdings, Inc. $UCTT

Pinnacle Associates Ltd. boosted its position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 55.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 393,676 shares of the semiconductor company’s stock after buying an additional 140,822 shares during the quarter. Pinnacle Associates Ltd. owned 0.87% of Ultra Clean worth $10,728,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UCTT. EverSource Wealth Advisors LLC grew its stake in shares of Ultra Clean by 148.9% during 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 in the last quarter. Allworth Financial LP lifted its stake in shares of Ultra Clean by 237.6% in the second quarter. Allworth Financial LP now owns 1,330 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 936 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings 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. boosted its holdings 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, Tower Research Capital LLC TRC grew its stake in Ultra Clean by 310.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,952 shares of the semiconductor company’s stock valued at $134,000 after purchasing an additional 4,502 shares in the last quarter. 96.06% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Zacks Research upgraded Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 26th. Weiss Ratings reissued a “sell (d)” rating on shares of Ultra Clean in a research report on Monday, December 29th. Oppenheimer lifted their price target on shares of Ultra Clean from $35.00 to $85.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. TD Cowen upped their price target on shares of Ultra Clean from $35.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Finally, Needham & Company LLC upped their price target on shares of Ultra Clean from $50.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $81.25.

Ultra Clean Trading Up 4.6%

Shares of NASDAQ UCTT opened at $52.90 on Tuesday. The company has a quick ratio of 1.89, a current ratio of 3.19 and a debt-to-equity ratio of 0.60. The stock’s 50 day moving average price is $47.11 and its two-hundred day moving average price is $33.61. Ultra Clean Holdings, Inc. has a 52-week low of $16.66 and a 52-week high of $73.80. The stock has a market capitalization of $2.41 billion, a P/E ratio of -13.23, a PEG ratio of 0.92 and a beta of 1.92.

Ultra Clean (NASDAQ:UCTT) last issued its earnings results on Monday, February 23rd. The semiconductor company reported $0.22 EPS 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 analyst estimates of $503.34 million. Ultra Clean had a positive return on equity of 3.88% and a negative net margin of 8.82%.Ultra Clean’s revenue was down 10.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 EPS. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. On average, analysts anticipate that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current fiscal year.

Ultra Clean 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.