Mitsubishi UFJ Asset Management Co. Ltd. Acquires Shares of 8,771 Ultra Clean Holdings, Inc. $UCTT

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 8,771 shares of the semiconductor company’s stock, valued at approximately $1,251,000.

A number of other hedge funds have also modified their holdings of UCTT. Maverick Capital Ltd. acquired a new stake in shares of Ultra Clean in the 1st quarter valued at $1,263,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Ultra Clean during the 4th quarter worth about $564,000. Pinnacle Wealth Management Advisory Group LLC bought a new position in Ultra Clean during the 1st quarter valued at about $710,000. Lombard Odier Asset Management Europe Ltd bought a new position in Ultra Clean during the 1st quarter valued at about $3,197,000. Finally, Castleark Management LLC acquired a new position in Ultra Clean in the first quarter valued at about $6,226,000. 96.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. TD Cowen raised their price objective on shares of Ultra Clean from $130.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Needham & Company LLC boosted their target price on Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Weiss Ratings lowered Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a research report on Friday, August 7th. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Finally, UBS Group reiterated a “buy” rating on shares of Ultra Clean in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $129.00.

Ultra Clean Trading Up 4.7%

UCTT opened at $76.43 on Friday. Ultra Clean Holdings, Inc. has a 1-year low of $21.49 and a 1-year high of $144.22. The stock has a market capitalization of $3.43 billion, a PE ratio of -146.98, a PEG ratio of 0.78 and a beta of 1.88. The company has a current ratio of 2.73, a quick ratio of 1.25 and a debt-to-equity ratio of 0.84. The firm has a 50-day moving average price of $98.44 and a two-hundred day moving average price of $80.09.

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

Insider Activity at Ultra Clean

In related news, Director Emily M. Liggett sold 8,198 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $92.18, for a total value of $755,691.64. Following the sale, the director directly owned 38,152 shares of the company’s stock, valued at approximately $3,516,851.36. The trade was a 17.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Paul Yoonku Cho sold 944 shares of the business’s 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 in the company, valued at $2,050,237.17. The trade was a 3.95% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 39,329 shares of company stock worth $3,540,599. 1.80% of the stock is owned by company insiders.

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.