State of Wyoming Takes Position in Ultra Clean Holdings, Inc. $UCTT

State of Wyoming purchased a new position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 7,682 shares of the semiconductor company’s stock, valued at approximately $1,095,000.

A number of other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Ultra Clean by 6.2% during the 4th quarter. Vanguard Group Inc. now owns 4,990,724 shares of the semiconductor company’s stock valued at $126,415,000 after purchasing an additional 293,048 shares during the last quarter. Invesco Ltd. raised its holdings in Ultra Clean by 63.1% in the fourth quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after buying an additional 1,315,407 shares during the last quarter. State Street Corp lifted its stake in shares of Ultra Clean by 5.0% in the fourth quarter. State Street Corp now owns 1,852,482 shares of the semiconductor company’s stock worth $46,923,000 after buying an additional 87,931 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Ultra Clean by 5.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 821,088 shares of the semiconductor company’s stock worth $20,798,000 after buying an additional 43,987 shares in the last quarter. Finally, Cooper Creek Partners Management LLC bought a new position in shares of Ultra Clean in the first quarter worth approximately $36,486,000. Institutional investors own 96.06% of the company’s stock.

Wall Street Analyst Weigh In

UCTT has been the subject of several analyst reports. Oppenheimer raised their price target on shares of Ultra Clean from $115.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. Needham & Company LLC upped their price objective on Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings downgraded Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a research note on Friday, August 7th. Wall Street Zen upgraded Ultra Clean from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Finally, Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $129.00.

Ultra Clean Stock Performance

Shares of NASDAQ UCTT opened at $84.93 on Friday. The firm’s 50-day moving average price is $100.16 and its 200-day moving average price is $78.91. Ultra Clean Holdings, Inc. has a 52-week low of $21.49 and a 52-week high of $144.22. The company has a market cap of $3.81 billion, a PE ratio of -163.33, a PEG ratio of 0.91 and a beta of 1.88. The company has a quick ratio of 1.25, a current ratio of 2.73 and a debt-to-equity ratio of 0.84.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.17. The firm had revenue of $644.90 million during the quarter, compared to analysts’ expectations of $587.65 million. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. The firm’s quarterly revenue was up 24.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.27 earnings per share. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, analysts anticipate that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current year.

Insiders Place Their Bets

In other Ultra Clean news, General Counsel Paul Yoonku Cho sold 944 shares of Ultra Clean stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total value of $84,365.28. Following the completion of the sale, the general counsel owned 22,941 shares of the company’s stock, valued at approximately $2,050,237.17. The trade was a 3.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Sheri Savage sold 15,766 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $89.47, for a total transaction of $1,410,584.02. Following the sale, the chief financial officer owned 50,710 shares of the company’s stock, valued at approximately $4,537,023.70. This represents a 23.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 39,329 shares of company stock valued at $3,540,599. Company insiders own 1.80% 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.