Capstone Capital Management Ltd increased its stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report) by 246.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 14,363 shares of the semiconductor company’s stock after purchasing an additional 10,218 shares during the quarter. Capstone Capital Management Ltd’s holdings in Ultra Clean were worth $1,164,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in Ultra Clean during the second quarter worth approximately $986,722,000. Paradigm Capital Management Inc. NY acquired a new stake in shares of Ultra Clean in the second quarter worth $86,723,000. Bank of America Corp DE acquired a new stake in shares of Ultra Clean in the second quarter worth $60,628,000. Assenagon Asset Management S.A. boosted its holdings in shares of Ultra Clean by 96.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 278,166 shares of the semiconductor company’s stock worth $39,664,000 after buying an additional 136,732 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of Ultra Clean during the 2nd quarter worth $38,539,000. 96.06% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on UCTT shares. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. TD Cowen lifted their target price 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. Oppenheimer boosted their target price 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. Zacks Research lowered shares of Ultra Clean from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 2nd. Finally, UBS Group set a $127.00 price target on shares of Ultra Clean in a report on Thursday, October 8th. Six analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $128.17.
Read Our Latest Stock Analysis on UCTT
Ultra Clean Price Performance
Shares of UCTT stock opened at $51.57 on Wednesday. The stock has a 50 day moving average of $71.77 and a two-hundred day moving average of $84.00. The company has a current ratio of 2.73, a quick ratio of 1.25 and a debt-to-equity ratio of 0.84. 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 $2.31 billion, a P/E ratio of -99.17, a P/E/G ratio of 0.56 and a beta of 1.86.
Ultra Clean (NASDAQ:UCTT – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.17. The business had revenue of $644.90 million for the quarter, compared to analysts’ expectations of $587.65 million. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%. Ultra Clean’s quarterly revenue was up 24.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.27 earnings per share. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. As a group, equities analysts expect that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current year.
Ultra Clean Company Profile
Ultra Clean Holdings, Inc (NASDAQ: UCTT) provides critical subsystems, components and services used in the production of semiconductor and other high-technology products. The company designs and manufactures gas delivery systems, fluid delivery systems, precision-machined components, process modules and other equipment used by semiconductor capital-equipment manufacturers.
Ultra Clean also provides contract manufacturing, analytical laboratory, equipment installation, repair, refurbishment and tool-maintenance services.
Read More
- Five stocks we like better than Ultra Clean
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Want to see what other hedge funds are holding UCTT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report).
Receive News & Ratings for Ultra Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Clean and related companies with MarketBeat.com's FREE daily email newsletter.
