Ultra Clean Holdings, Inc. $UCTT Shares Acquired by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. lifted its holdings in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 55.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 393,676 shares of the semiconductor company’s stock after purchasing an additional 140,822 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Ultra Clean were worth $10,728,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of UCTT. Frontier Capital Management Co. LLC lifted its holdings in Ultra Clean by 41.5% in the second quarter. Frontier Capital Management Co. LLC now owns 2,754,163 shares of the semiconductor company’s stock worth $62,161,000 after acquiring an additional 808,277 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Ultra Clean by 90.6% during the third quarter. JPMorgan Chase & Co. now owns 589,055 shares of the semiconductor company’s stock valued at $16,052,000 after purchasing an additional 279,953 shares during the last quarter. Invesco Ltd. raised its position in shares of Ultra Clean by 13.8% during the 2nd quarter. Invesco Ltd. now owns 1,913,576 shares of the semiconductor company’s stock worth $43,189,000 after purchasing an additional 231,901 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of Ultra Clean by 360.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 271,843 shares of the semiconductor company’s stock worth $6,135,000 after purchasing an additional 212,791 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Ultra Clean in the 2nd quarter worth approximately $4,347,000. Institutional investors and hedge funds own 96.06% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on UCTT shares. Craig Hallum restated a “buy” rating and set a $100.00 price objective on shares of Ultra Clean in a research note on Tuesday, February 24th. Needham & Company LLC raised their target price on Ultra Clean from $50.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. TD Cowen boosted their price target on shares of Ultra Clean from $35.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 26th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ultra Clean in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat, Ultra Clean has a consensus rating of “Moderate Buy” and an average target price of $81.25.

Ultra Clean Stock Up 4.6%

UCTT opened at $52.90 on Tuesday. Ultra Clean Holdings, Inc. has a 12 month low of $16.66 and a 12 month high of $73.80. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.19 and a quick ratio of 1.89. The stock has a market cap of $2.41 billion, a P/E ratio of -13.23, a P/E/G ratio of 0.92 and a beta of 1.92. The stock’s 50 day moving average price is $47.11 and its 200 day moving average price is $33.61.

Ultra Clean (NASDAQ:UCTT) last announced its earnings results on Monday, February 23rd. The semiconductor company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01). Ultra Clean had a negative net margin of 8.82% and a positive return on equity of 3.88%. The business had revenue of $506.70 million for the quarter, compared to the consensus estimate of $503.34 million. During the same period in the previous year, the firm earned $0.51 EPS. The firm’s revenue was down 10.1% on a year-over-year basis. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. As a group, research analysts predict that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current year.

Ultra Clean 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.