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

Pinnacle Associates Ltd. raised its stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 17.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 462,126 shares of the semiconductor company’s stock after purchasing an additional 68,450 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Ultra Clean were worth $11,706,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in UCTT. Pacific Ridge Capital Partners LLC raised its position in shares of Ultra Clean by 4.6% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 36,140 shares of the semiconductor company’s stock worth $915,000 after buying an additional 1,600 shares during the period. First Eagle Investment Management LLC grew its position in Ultra Clean by 2.0% during the fourth quarter. First Eagle Investment Management LLC now owns 410,569 shares of the semiconductor company’s stock valued at $10,400,000 after acquiring an additional 8,000 shares during the period. Strengthening Families & Communities LLC acquired a new stake in Ultra Clean during the fourth quarter worth about $86,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Ultra Clean by 20.8% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 21,388 shares of the semiconductor company’s stock worth $584,000 after acquiring an additional 3,686 shares during the last quarter. Finally, Danske Bank A S raised its holdings in shares of Ultra Clean by 450.0% in the 4th quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 900 shares during the period. 96.06% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Ultra Clean

In other news, SVP Jamie J. Palfrey sold 8,691 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total transaction of $692,846.52. Following the transaction, the senior vice president owned 16,446 shares of the company’s stock, valued at approximately $1,311,075.12. This trade represents a 34.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Paul Yoonku Cho sold 2,000 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $86.89, for a total value of $173,780.00. Following the completion of the sale, the general counsel directly owned 15,844 shares of the company’s stock, valued at approximately $1,376,685.16. This represents a 11.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 36,572 shares of company stock worth $2,828,154. Company insiders own 1.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Craig Hallum reissued a “buy” rating and set a $100.00 target price on shares of Ultra Clean in a research report on Tuesday, February 24th. TD Cowen lifted their target price on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Needham & Company LLC raised their price objective on Ultra Clean from $70.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Wall Street Zen raised Ultra Clean from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Oppenheimer boosted their price target on Ultra Clean from $85.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $104.40.

Ultra Clean Stock Performance

Shares of UCTT opened at $86.38 on Friday. Ultra Clean Holdings, Inc. has a 52-week low of $18.93 and a 52-week high of $88.37. The company has a quick ratio of 1.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.86. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of -20.14, a PEG ratio of 1.19 and a beta of 1.94. The business’s 50 day moving average is $69.28 and its two-hundred day moving average is $47.80.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. Ultra Clean had a negative net margin of 9.38% and a positive return on equity of 4.28%. The firm had revenue of $533.70 million for the quarter, compared to analysts’ expectations of $525.28 million. During the same period in the prior year, the company posted $0.28 earnings per share. The firm’s quarterly 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 forecast that Ultra Clean Holdings, Inc. will post 2.04 EPS for the current fiscal year.

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.