Ultra Clean Holdings, Inc. $UCTT Shares Sold by Rhumbline Advisers

Rhumbline Advisers reduced its position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 1.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 126,098 shares of the semiconductor company’s stock after selling 1,615 shares during the period. Rhumbline Advisers owned 0.28% of Ultra Clean worth $2,700,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UCTT. Byrne Asset Management LLC purchased a new stake in shares of Ultra Clean during the first quarter valued at approximately $25,000. Versant Capital Management Inc increased its position in Ultra Clean by 386.9% in the 1st quarter. Versant Capital Management Inc now owns 1,412 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 1,122 shares during the period. Brooklyn Investment Group acquired a new position in shares of Ultra Clean during the 1st quarter valued at $33,000. AlphaQuest LLC increased its position in shares of Ultra Clean by 1,321.9% during the 1st quarter. AlphaQuest LLC now owns 2,403 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 2,234 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in shares of Ultra Clean by 481.4% during the 1st quarter. Russell Investments Group Ltd. now owns 2,744 shares of the semiconductor company’s stock worth $59,000 after acquiring an additional 2,272 shares in the last quarter. 96.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Ultra Clean Trading Up 1.5%

Ultra Clean stock opened at $26.11 on Wednesday. The firm has a 50-day moving average of $23.98 and a 200-day moving average of $22.38. Ultra Clean Holdings, Inc. has a one year low of $16.66 and a one year high of $41.90. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.06 and a quick ratio of 1.86. The company has a market cap of $1.18 billion, a price-to-earnings ratio of -7.72, a P/E/G ratio of 1.01 and a beta of 2.14.

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