Geode Capital Management LLC Increases Stock Holdings in Ultra Clean Holdings, Inc. $UCTT

Geode Capital Management LLC increased its stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) by 4.1% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,122,908 shares of the semiconductor company’s stock after acquiring an additional 44,041 shares during the period. Geode Capital Management LLC owned approximately 2.48% of Ultra Clean worth $25,347,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Allworth Financial LP raised its stake in shares of Ultra Clean by 237.6% during the second quarter. Allworth Financial LP now owns 1,330 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 936 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in Ultra Clean during the 2nd quarter valued at $740,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Ultra Clean by 60.5% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,647 shares of the semiconductor company’s stock worth $398,000 after buying an additional 6,651 shares during the period. Fox Run Management L.L.C. acquired a new position in Ultra Clean in the 2nd quarter worth $630,000. Finally, Ellevest Inc. boosted its position in Ultra Clean by 81.7% in the 2nd quarter. Ellevest Inc. now owns 19,868 shares of the semiconductor company’s stock valued at $448,000 after buying an additional 8,934 shares during the last quarter. Institutional investors and hedge funds own 96.06% of the company’s stock.

Ultra Clean Trading Up 1.4%

NASDAQ:UCTT opened at $25.48 on Friday. The company has a market cap of $1.16 billion, a PE ratio of -7.14, a P/E/G ratio of 1.12 and a beta of 2.16. The business’s 50 day moving average is $26.95 and its two-hundred day moving average is $24.38. The company has a quick ratio of 1.86, a current ratio of 3.21 and a debt-to-equity ratio of 0.60. Ultra Clean Holdings, Inc. has a 52 week low of $16.66 and a 52 week high of $40.64.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings results on Tuesday, October 28th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.04. Ultra Clean had a positive return on equity of 5.15% and a negative net margin of 7.66%.The business had revenue of $510.00 million for the quarter, compared to analyst estimates of $505.23 million. During the same period in the prior year, the company posted $0.35 EPS. The business’s revenue was down 5.6% compared to the same quarter last year. Ultra Clean has set its Q4 2025 guidance at 0.110-0.310 EPS. On average, analysts predict that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current year.

Wall Street Analysts Forecast Growth

UCTT has been the topic of a number of analyst reports. Needham & Company LLC lifted their target price on Ultra Clean from $30.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Weiss Ratings restated a “sell (d)” rating on shares of Ultra Clean in a report on Tuesday. TD Cowen increased their target price on Ultra Clean from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Oppenheimer reissued an “outperform” rating on shares of Ultra Clean in a research report on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Ultra Clean presently has a consensus rating of “Moderate Buy” and an average target price of $33.33.

Ultra Clean 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.