Wedge Capital Management L L P NC Acquires New Position in Ultra Clean Holdings, Inc. $UCTT

Wedge Capital Management L L P NC bought a new position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 116,490 shares of the semiconductor company’s stock, valued at approximately $3,174,000. Wedge Capital Management L L P NC owned 0.26% of Ultra Clean at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Frontier Capital Management Co. LLC boosted its holdings in Ultra Clean by 41.5% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 2,754,163 shares of the semiconductor company’s stock worth $62,161,000 after buying an additional 808,277 shares during the period. Nuveen LLC bought a new position in shares of Ultra Clean in the first quarter worth about $6,893,000. Invesco Ltd. grew its position in shares of Ultra Clean by 13.8% during the second quarter. Invesco Ltd. now owns 1,913,576 shares of the semiconductor company’s stock worth $43,189,000 after purchasing an additional 231,901 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Ultra Clean by 360.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 271,843 shares of the semiconductor company’s stock valued at $6,135,000 after purchasing an additional 212,791 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new stake in Ultra Clean during the 2nd quarter valued at approximately $4,347,000. 96.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UCTT shares. Oppenheimer reaffirmed an “outperform” rating on shares of Ultra Clean in a report on Wednesday, October 29th. Weiss Ratings reiterated a “sell (d)” rating on shares of Ultra Clean in a report on Monday, December 15th. TD Cowen increased their price objective on shares of Ultra Clean from $30.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, 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 report on Wednesday, October 29th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $33.33.

Ultra Clean Trading Up 1.4%

UCTT opened at $25.96 on Tuesday. The stock has a 50-day moving average of $26.37 and a 200 day moving average of $25.03. The company has a current ratio of 3.21, a quick ratio of 1.91 and a debt-to-equity ratio of 0.60. Ultra Clean Holdings, Inc. has a 12 month low of $16.66 and a 12 month high of $40.10. The firm has a market cap of $1.18 billion, a P/E ratio of -7.27, a P/E/G ratio of 0.99 and a beta of 1.94.

Ultra Clean (NASDAQ:UCTT) last posted its quarterly earnings data 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. The business had revenue of $510.00 million during the quarter, compared to analyst estimates of $505.23 million. Ultra Clean had a positive return on equity of 5.15% and a negative net margin of 7.66%.The company’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same period last year, the company earned $0.35 EPS. Ultra Clean has set its Q4 2025 guidance at 0.110-0.310 EPS. As a group, research analysts forecast that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current year.

Insider Activity

In other Ultra Clean news, Director David T. Ibnale sold 23,500 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $26.63, for a total transaction of $625,805.00. Following the completion of the transaction, the director owned 45,241 shares in the company, valued at $1,204,767.83. The trade was a 34.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.90% of the company’s stock.

Ultra Clean Profile

Ultra Clean Holdings, Inc is a global supplier of critical consumables and process tools for the semiconductor manufacturing industry. The company specializes in precision parts cleaning, chemical–mechanical planarization (CMP) slurries, surface conditioning pads, and specialty components used in wafer fabrication and advanced packaging. Ultra Clean also provides assembly and test hardware, tooling, and automated modules designed to support complex front-end and back-end processes in semiconductor fabs.

Ultra Clean’s product portfolio encompasses a range of cleaning systems and consumables aimed at particle and film removal, as well as CMP slurries and pads that are engineered for uniform material removal and planarization.