Legato Capital Management LLC Decreases Holdings in Ultra Clean Holdings, Inc. $UCTT

Legato Capital Management LLC lessened its holdings in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 48.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,918 shares of the semiconductor company’s stock after selling 10,397 shares during the quarter. Legato Capital Management LLC’s holdings in Ultra Clean were worth $277,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Ultra Clean by 6.2% in the 4th quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock worth $126,415,000 after purchasing an additional 293,048 shares during the period. Invesco Ltd. increased its stake in Ultra Clean by 8.9% in the 3rd quarter. Invesco Ltd. now owns 2,084,427 shares of the semiconductor company’s stock worth $56,801,000 after purchasing an additional 170,851 shares during the period. Royce & Associates LP increased its stake in Ultra Clean by 7.1% in the 3rd quarter. Royce & Associates LP now owns 1,107,416 shares of the semiconductor company’s stock worth $30,177,000 after purchasing an additional 73,872 shares during the period. JPMorgan Chase & Co. increased its stake in Ultra Clean by 90.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock worth $16,052,000 after purchasing an additional 279,953 shares during the period. Finally, Goodman Financial Corp increased its position in shares of Ultra Clean by 3.7% in the fourth quarter. Goodman Financial Corp now owns 558,019 shares of the semiconductor company’s stock valued at $14,135,000 after acquiring an additional 20,011 shares during the period. Hedge funds and other institutional investors own 96.06% of the company’s stock.

Ultra Clean Stock Down 4.7%

Shares of UCTT opened at $87.29 on Friday. The business’s 50 day moving average is $74.85 and its 200 day moving average is $51.74. The company has a market capitalization of $3.91 billion, a PE ratio of -20.35, a price-to-earnings-growth ratio of 1.28 and a beta of 1.94. Ultra Clean Holdings, Inc. has a 12-month low of $18.93 and a 12-month high of $92.29. The company has a current ratio of 3.07, a quick ratio of 1.72 and a debt-to-equity ratio of 0.86.

Ultra Clean (NASDAQ:UCTT) last issued its 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. The company had revenue of $533.70 million for the quarter, compared to the consensus estimate of $525.28 million. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the company earned $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Research analysts expect that Ultra Clean Holdings, Inc. will post 2.04 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on UCTT. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. TD Cowen increased their price target 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. Oppenheimer increased their price objective on Ultra Clean from $85.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Finally, Needham & Company LLC raised their target price on shares of Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ultra Clean presently has an average rating of “Buy” and a consensus target price of $104.40.

Insider Activity at Ultra Clean

In related news, General Counsel Paul Yoonku Cho sold 2,000 shares of Ultra Clean stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $86.89, for a total transaction of $173,780.00. Following the sale, the general counsel owned 15,844 shares of the company’s stock, valued at approximately $1,376,685.16. This trade represents a 11.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Christopher S. Cook sold 11,478 shares of Ultra Clean stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $73.96, for a total value of $848,912.88. Following the sale, the insider directly owned 97,427 shares in the company, valued at $7,205,700.92. This trade represents a 10.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 48,975 shares of company stock worth $3,949,681 in the last three months. Corporate insiders own 1.90% of the company’s stock.

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.