Wellington Management Group LLP Invests $7.67 Million in Ultra Clean Holdings, Inc. $UCTT

Wellington Management Group LLP acquired a new position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,796 shares of the semiconductor company’s stock, valued at approximately $7,671,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quadrant Capital Group LLC grew its stake in Ultra Clean by 40.3% in the 4th quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 284 shares during the last quarter. Kilter Group LLC purchased a new position in Ultra Clean during the second quarter worth about $30,000. AdvisorNet Financial Inc purchased a new position in shares of Ultra Clean during the 1st quarter worth about $34,000. Smartleaf Asset Management LLC boosted its holdings in shares of Ultra Clean by 472.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 1,414 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Ultra Clean by 37.3% in the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock valued at $45,000 after acquiring an additional 196 shares during the last quarter. 96.06% of the stock is currently owned by institutional investors and hedge funds.

Ultra Clean Stock Up 4.4%

NASDAQ UCTT opened at $75.62 on Wednesday. Ultra Clean Holdings, Inc. has a 12 month low of $21.49 and a 12 month high of $144.22. The company has a market capitalization of $3.39 billion, a P/E ratio of -145.42, a PEG ratio of 0.78 and a beta of 1.88. The company’s 50 day simple moving average is $86.77 and its 200 day simple moving average is $81.98. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.73 and a quick ratio of 1.25.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.17. Ultra Clean had a negative net margin of 1.07% and a positive return on equity of 6.99%. The firm had revenue of $644.90 million for the quarter, compared to analyst estimates of $587.65 million. During the same quarter in the previous year, the business posted $0.27 earnings per share. The firm’s quarterly revenue 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. Equities research analysts expect that Ultra Clean Holdings, Inc. will post 2.67 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. TD Cowen increased their price objective on shares of Ultra Clean from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Oppenheimer increased their price target on shares of Ultra Clean from $115.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. UBS Group reissued a “buy” rating on shares of Ultra Clean in a report on Tuesday, August 4th. Finally, Needham & Company LLC raised their price target on Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. One research 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 presently has a consensus rating of “Moderate Buy” and an average price target of $129.00.

About Ultra Clean

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.