BlackRock Inc. Purchases New Position in Ultra Clean Holdings, Inc. $UCTT

BlackRock Inc. acquired a new position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 6,919,992 shares of the semiconductor company’s stock, valued at approximately $986,722,000. BlackRock Inc. owned approximately 0.15% of Ultra Clean as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Harbor Investment Advisory LLC bought a new position in Ultra Clean in the 2nd quarter worth about $62,000. AdvisorNet Financial Inc bought a new stake in shares of Ultra Clean during the first quarter valued at about $34,000. Global Retirement Partners LLC purchased a new stake in shares of Ultra Clean in the second quarter worth about $82,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Ultra Clean by 37.3% in the first quarter. EverSource Wealth Advisors LLC now owns 721 shares of the semiconductor company’s stock worth $45,000 after buying an additional 196 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its position in shares of Ultra Clean by 40.3% in the fourth 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 period. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on UCTT. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Weiss Ratings downgraded Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a research report on Friday, August 7th. Oppenheimer boosted their target price on 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 raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Finally, Needham & Company LLC boosted their price target on shares of Ultra Clean from $92.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.00.

Ultra Clean Stock Performance

NASDAQ:UCTT opened at $76.43 on Friday. The stock has a market cap of $3.43 billion, a P/E ratio of -146.98, a price-to-earnings-growth ratio of 0.78 and a beta of 1.88. The firm’s fifty day simple moving average is $98.44 and its 200 day simple moving average is $80.09. Ultra Clean Holdings, Inc. has a twelve month low of $21.49 and a twelve month high of $144.22. The company has a quick ratio of 1.25, a current ratio of 2.73 and a debt-to-equity ratio of 0.84.

Ultra Clean (NASDAQ:UCTT) last announced its earnings results on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm posted $0.27 EPS. The company’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, research analysts predict that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current year.

Insider Buying and Selling at Ultra Clean

In other 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 transaction of $755,691.64. Following the sale, the director owned 38,152 shares in the company, valued at approximately $3,516,851.36. The trade was a 17.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, General Counsel Paul Yoonku Cho sold 944 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $89.37, for a total transaction of $84,365.28. Following the completion of the sale, the general counsel directly owned 22,941 shares in the company, valued at $2,050,237.17. This represents a 3.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 39,329 shares of company stock valued at $3,540,599. 1.80% of the stock is currently owned by company insiders.

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.