Louisiana State Employees Retirement System Makes New Investment in Ultra Clean Holdings, Inc. $UCTT

Louisiana State Employees Retirement System bought a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 20,100 shares of the semiconductor company’s stock, valued at approximately $1,250,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Royal Bank of Canada boosted its stake in shares of Ultra Clean by 35.8% during the 1st quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock worth $555,000 after acquiring an additional 6,841 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Ultra Clean by 16.9% in the 1st quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock worth $4,256,000 after acquiring an additional 28,690 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Ultra Clean by 5.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock valued at $566,000 after purchasing an additional 1,257 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Ultra Clean by 18.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company’s stock valued at $1,822,000 after purchasing an additional 13,005 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in Ultra Clean by 1,987.5% during the first quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock worth $3,173,000 after purchasing an additional 141,114 shares during the last quarter. 96.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have commented on UCTT shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Ultra Clean in a research report on Friday, June 26th. Oppenheimer raised their price target on Ultra Clean from $100.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, June 9th. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. TD Cowen boosted their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen cut shares of Ultra Clean from a “buy” rating to a “hold” rating in a research note on Monday, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Ultra Clean presently has an average rating of “Buy” and a consensus target price of $107.40.

Insiders Place Their Bets

In related news, SVP Jamie J. Palfrey sold 8,691 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $79.72, for a total transaction of $692,846.52. Following the sale, the senior vice president owned 16,446 shares of the company’s stock, valued at $1,311,075.12. This trade represents a 34.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Paul Yoonku Cho sold 944 shares of the stock in a transaction 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 sale, the general counsel directly owned 22,941 shares in the company, valued at approximately $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. Over the last three months, insiders sold 80,106 shares of company stock valued at $6,734,589. Insiders own 1.80% of the company’s stock.

Ultra Clean Stock Performance

Shares of Ultra Clean stock opened at $106.47 on Friday. Ultra Clean Holdings, Inc. has a 1 year low of $21.28 and a 1 year high of $144.22. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.07 and a quick ratio of 1.72. The business has a 50 day moving average price of $95.29 and a 200 day moving average price of $66.45. The company has a market capitalization of $4.77 billion, a P/E ratio of -24.82, a P/E/G ratio of 1.42 and a beta of 1.83.

Ultra Clean (NASDAQ:UCTT) last announced its earnings results on Tuesday, April 28th. The semiconductor company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $533.70 million for the quarter, compared to analysts’ expectations of $525.28 million. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.Ultra Clean’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. Sell-side analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 EPS for the current fiscal year.

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.