Northern Trust Corp Sells 538 Shares of Ultra Clean Holdings, Inc. $UCTT

Northern Trust Corp trimmed its position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 0.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 513,272 shares of the semiconductor company’s stock after selling 538 shares during the period. Northern Trust Corp owned approximately 1.14% of Ultra Clean worth $10,989,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its position in Ultra Clean by 5.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 21,288 shares of the semiconductor company’s stock valued at $456,000 after buying an additional 1,068 shares in the last quarter. GAMMA Investing LLC increased its holdings in Ultra Clean by 2,272.9% during the 1st quarter. GAMMA Investing LLC now owns 29,139 shares of the semiconductor company’s stock worth $624,000 after purchasing an additional 27,911 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Ultra Clean by 444.3% during the 1st quarter. Farther Finance Advisors LLC now owns 12,034 shares of the semiconductor company’s stock worth $253,000 after purchasing an additional 9,823 shares in the last quarter. Bank of America Corp DE increased its holdings in Ultra Clean by 32.7% during the 4th quarter. Bank of America Corp DE now owns 161,828 shares of the semiconductor company’s stock worth $5,818,000 after purchasing an additional 39,879 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in Ultra Clean by 62.9% during the 1st quarter. Invesco Ltd. now owns 1,681,675 shares of the semiconductor company’s stock worth $36,005,000 after purchasing an additional 649,642 shares in the last quarter. 96.06% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC boosted their price objective on Ultra Clean from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, July 29th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Ultra Clean has an average rating of “Buy” and a consensus price target of $30.67.

Ultra Clean Price Performance

Shares of NASDAQ UCTT opened at $23.89 on Friday. Ultra Clean Holdings, Inc. has a twelve month low of $16.66 and a twelve month high of $41.90. The stock’s 50 day moving average price is $23.80 and its 200-day moving average price is $22.85. The company has a market capitalization of $1.08 billion, a PE ratio of -7.07, a PEG ratio of 0.91 and a beta of 2.14. The company has a quick ratio of 1.86, a current ratio of 3.06 and a debt-to-equity ratio of 0.59.

Ultra Clean (NASDAQ:UCTT) last announced its earnings results on Monday, July 28th. The semiconductor company reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. Ultra Clean had a positive return on equity of 5.32% and a negative net margin of 7.15%.The firm had revenue of $518.80 million for the quarter, compared to the consensus estimate of $500.83 million. During the same quarter in the previous year, the business earned $0.32 EPS. The company’s revenue was up .5% compared to the same quarter last year. Ultra Clean has set its Q3 2025 guidance at 0.140-0.340 EPS. On average, equities analysts anticipate that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current year.

Ultra Clean Company Profile

Ultra Clean Holdings, Inc develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.