Commonwealth of Pennsylvania Public School Empls Retrmt SYS Makes New Investment in Ichor Holdings, Ltd. $ICHR

Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Ichor Holdings, Ltd. (NASDAQ:ICHR) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 8,515 shares of the technology company’s stock, valued at approximately $397,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ICHR. Royal Bank of Canada raised its holdings in Ichor by 27.7% in the first quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock valued at $224,000 after acquiring an additional 2,146 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Ichor by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock worth $444,000 after acquiring an additional 865 shares in the last quarter. Jane Street Group LLC grew its holdings in Ichor by 286.0% during the 1st quarter. Jane Street Group LLC now owns 53,277 shares of the technology company’s stock worth $1,205,000 after acquiring an additional 39,476 shares in the last quarter. Gamco Investors INC. ET AL increased its position in shares of Ichor by 75.9% in the 2nd quarter. Gamco Investors INC. ET AL now owns 24,100 shares of the technology company’s stock valued at $473,000 after purchasing an additional 10,400 shares during the last quarter. Finally, Federated Hermes Inc. increased its position in shares of Ichor by 243.1% in the 2nd quarter. Federated Hermes Inc. now owns 107,629 shares of the technology company’s stock valued at $2,114,000 after purchasing an additional 76,257 shares during the last quarter. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. TD Cowen lifted their price objective on shares of Ichor from $80.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research note on Wednesday, June 24th. Needham & Company LLC increased their target price on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Oppenheimer raised their price target on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, May 5th. Finally, Zacks Research raised Ichor from a “hold” rating to a “strong-buy” rating in a report on Friday, July 3rd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Ichor presently has an average rating of “Moderate Buy” and a consensus price target of $82.29.

Ichor Stock Performance

Shares of ICHR opened at $82.87 on Friday. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17. The firm has a market cap of $2.89 billion, a PE ratio of -55.99 and a beta of 1.78. The company’s 50 day simple moving average is $83.27 and its 200-day simple moving average is $58.03. Ichor Holdings, Ltd. has a 12-month low of $13.12 and a 12-month high of $113.58.

Ichor (NASDAQ:ICHR) last released its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.13 by $0.02. The firm had revenue of $256.07 million during the quarter, compared to the consensus estimate of $251.32 million. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. Ichor’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 EPS. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, equities analysts predict that Ichor Holdings, Ltd. will post 0.97 EPS for the current year.

Insider Activity

In other news, CFO Greg Swyt sold 19,662 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $70.42, for a total value of $1,384,598.04. Following the transaction, the chief financial officer owned 60,971 shares of the company’s stock, valued at approximately $4,293,577.82. The trade was a 24.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Haugen sold 9,923 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $72.11, for a total value of $715,547.53. Following the sale, the director directly owned 16,162 shares of the company’s stock, valued at approximately $1,165,441.82. This represents a 38.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 79,447 shares of company stock valued at $5,678,621. Insiders own 1.70% of the company’s stock.

Ichor Profile

Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.

Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.