Wealthedge Investment Advisors LLC Invests $267,000 in Ultra Clean Holdings, Inc. $UCTT

Wealthedge Investment Advisors LLC acquired a new position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 11,848 shares of the semiconductor company’s stock, valued at approximately $267,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Invesco Ltd. raised its position in Ultra Clean by 62.9% during the first quarter. Invesco Ltd. now owns 1,681,675 shares of the semiconductor company’s stock valued at $36,005,000 after purchasing an additional 649,642 shares in the last quarter. Nuveen LLC purchased a new position in shares of Ultra Clean during the 1st quarter valued at about $6,893,000. Bank of New York Mellon Corp lifted its position in Ultra Clean by 61.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 452,335 shares of the semiconductor company’s stock worth $10,209,000 after buying an additional 171,947 shares during the last quarter. Jane Street Group LLC lifted its position in Ultra Clean by 1,987.5% in the 1st quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock worth $3,173,000 after buying an additional 141,114 shares during the last quarter. Finally, Paradigm Capital Management Inc. NY boosted its stake in Ultra Clean by 15.2% in the first quarter. Paradigm Capital Management Inc. NY now owns 758,200 shares of the semiconductor company’s stock worth $16,233,000 after buying an additional 100,000 shares in the last quarter. 96.06% of the stock is currently owned by hedge funds and other institutional investors.

Ultra Clean Trading Up 1.4%

Shares of UCTT opened at $25.48 on Monday. The stock has a market capitalization of $1.16 billion, a P/E ratio of -7.14, a PEG ratio of 1.12 and a beta of 2.16. Ultra Clean Holdings, Inc. has a twelve month low of $16.66 and a twelve month high of $40.64. The company has a quick ratio of 1.86, a current ratio of 3.21 and a debt-to-equity ratio of 0.60. The firm has a fifty day simple moving average of $26.95 and a two-hundred day simple moving average of $24.40.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on UCTT shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ultra Clean in a research note on Tuesday, November 25th. Oppenheimer reissued an “outperform” rating on shares of Ultra Clean in a research note on Wednesday, October 29th. TD Cowen raised their price objective 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, Needham & Company LLC lifted their price objective on Ultra Clean from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $33.33.

About Ultra Clean

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.