Hsbc Holdings PLC Purchases New Position in Ichor Holdings, Ltd. $ICHR

Hsbc Holdings PLC acquired a new position in Ichor Holdings, Ltd. (NASDAQ:ICHR) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 59,280 shares of the technology company’s stock, valued at approximately $1,101,000.

Other institutional investors also recently bought and sold shares of the company. Invesco Ltd. raised its position in Ichor by 141.2% during the 4th quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock valued at $55,730,000 after purchasing an additional 1,770,425 shares in the last quarter. Millennium Management LLC grew its position in shares of Ichor by 1,710.7% during the 3rd quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock worth $14,980,000 after buying an additional 807,792 shares in the last quarter. Royce & Associates LP increased its stake in shares of Ichor by 48.5% during the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after buying an additional 473,440 shares during the period. J. Goldman & Co LP purchased a new position in shares of Ichor during the fourth quarter valued at $6,663,000. Finally, Heartland Advisors Inc. bought a new stake in shares of Ichor in the fourth quarter valued at about $5,529,000. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on ICHR. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research note on Wednesday, June 24th. Oppenheimer raised their target price on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. TD Cowen boosted their price target on shares of Ichor from $80.00 to $115.00 and gave the company a “buy” rating in a report on Thursday. B. Riley Financial boosted their price target on shares of Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Finally, Stifel Nicolaus upped their price target on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $82.29.

Insider Activity

In other Ichor news, CFO Greg Swyt sold 19,662 shares of Ichor stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $70.42, for a total transaction of $1,384,598.04. Following the completion of the transaction, the chief financial officer owned 60,971 shares in the company, valued at approximately $4,293,577.82. This trade represents a 24.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Haugen sold 9,923 shares of Ichor stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $72.11, for a total value of $715,547.53. Following the transaction, the director owned 16,162 shares of the company’s stock, valued at approximately $1,165,441.82. This represents a 38.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 79,447 shares of company stock valued at $5,678,621 over the last quarter. Insiders own 1.70% of the company’s stock.

Ichor Price Performance

Shares of ICHR stock opened at $90.41 on Tuesday. Ichor Holdings, Ltd. has a fifty-two week low of $13.12 and a fifty-two week high of $113.58. The firm has a market capitalization of $3.15 billion, a price-to-earnings ratio of -61.09 and a beta of 1.78. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. The stock’s 50-day simple moving average is $81.89 and its 200-day simple moving average is $56.34.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The business had revenue of $256.07 million for the quarter, compared to analyst estimates of $251.32 million. During the same quarter in the prior year, the business posted $0.12 EPS. Ichor’s revenue for the quarter was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, equities analysts forecast that Ichor Holdings, Ltd. will post 0.97 earnings per share for the current fiscal year.

Ichor Company Profile

Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.

Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.