State of Alaska Department of Revenue Raises Stock Position in Ultra Clean Holdings, Inc. $UCTT

State of Alaska Department of Revenue grew its holdings in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 7.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,870 shares of the semiconductor company’s stock after purchasing an additional 1,902 shares during the period. State of Alaska Department of Revenue owned about 0.06% of Ultra Clean worth $605,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its stake in Ultra Clean by 5.3% during the first quarter. Janney Montgomery Scott LLC now owns 21,288 shares of the semiconductor company’s stock worth $456,000 after purchasing an additional 1,068 shares during the period. Harbor Capital Advisors Inc. grew its position in shares of Ultra Clean by 13.3% during the second quarter. Harbor Capital Advisors Inc. now owns 450,603 shares of the semiconductor company’s stock worth $10,170,000 after buying an additional 52,964 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Ultra Clean by 2,272.9% during the first quarter. GAMMA Investing LLC now owns 29,139 shares of the semiconductor company’s stock worth $624,000 after buying an additional 27,911 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of Ultra Clean by 444.3% during the first quarter. Farther Finance Advisors LLC now owns 12,034 shares of the semiconductor company’s stock worth $253,000 after buying an additional 9,823 shares in the last quarter. Finally, Invesco Ltd. grew its position in shares of Ultra Clean by 62.9% during the first quarter. Invesco Ltd. now owns 1,681,675 shares of the semiconductor company’s stock worth $36,005,000 after buying an additional 649,642 shares in the last quarter. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

Ultra Clean Price Performance

UCTT stock opened at $27.51 on Wednesday. The company has a market capitalization of $1.25 billion, a P/E ratio of -8.14, a PEG ratio of 1.15 and a beta of 2.14. Ultra Clean Holdings, Inc. has a twelve month low of $16.66 and a twelve month high of $41.84. The business has a 50 day simple moving average of $24.96 and a 200-day simple moving average of $22.75. The company has a current ratio of 3.06, a quick ratio of 1.86 and a debt-to-equity ratio of 0.59.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings data on Monday, July 28th. The semiconductor company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Ultra Clean had a positive return on equity of 5.32% and a negative net margin of 7.15%.The business had revenue of $518.80 million during the quarter, compared to the consensus estimate of $500.83 million. During the same period in the prior year, the company earned $0.32 earnings per share. 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. As a group, equities analysts anticipate that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Ultra Clean in a research report on Saturday, September 27th. 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 research report on Tuesday, July 29th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $30.67.

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.