Legal & General Group Plc Invests $14.98 Million in Ultra Clean Holdings, Inc. $UCTT

Legal & General Group Plc purchased a new stake in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 105,062 shares of the semiconductor company’s stock, valued at approximately $14,981,000.

Several other large investors have also recently bought and sold shares of the company. Quadrant Capital Group LLC boosted its stake in shares of Ultra Clean by 40.3% during the fourth quarter. Quadrant Capital Group LLC now owns 989 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 284 shares in the last quarter. Danske Bank A S raised its holdings in Ultra Clean by 450.0% in the 4th quarter. Danske Bank A S now owns 1,100 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 900 shares during the last quarter. Kilter Group LLC bought a new position in Ultra Clean in the 2nd quarter valued at approximately $30,000. AdvisorNet Financial Inc acquired a new stake in Ultra Clean during the 1st quarter worth approximately $34,000. Finally, Smartleaf Asset Management LLC boosted its position in Ultra Clean by 472.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,713 shares of the semiconductor company’s stock worth $39,000 after buying an additional 1,414 shares during the period. 96.06% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ultra Clean

In other news, CFO Sheri Savage sold 15,766 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $89.47, for a total value of $1,410,584.02. Following the completion of the sale, the chief financial officer owned 50,710 shares in the company, valued at $4,537,023.70. This represents a 23.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Paul Yoonku Cho sold 944 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $89.37, for a total transaction of $84,365.28. Following the completion of the sale, the general counsel owned 22,941 shares of the company’s stock, valued at approximately $2,050,237.17. This represents a 3.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 31,131 shares of company stock valued at $2,784,908. Company insiders own 1.80% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on UCTT. Weiss Ratings cut shares of Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a research note on Friday, August 7th. UBS Group reaffirmed a “buy” rating on shares of Ultra Clean in a research report on Tuesday, August 4th. Oppenheimer raised their target price on Ultra Clean from $115.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, August 4th. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Finally, Zacks Research upgraded shares of Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $129.00.

Ultra Clean Price Performance

Shares of NASDAQ:UCTT opened at $69.48 on Monday. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of -133.62, a PEG ratio of 0.74 and a beta of 1.88. The company has a quick ratio of 1.25, a current ratio of 2.73 and a debt-to-equity ratio of 0.84. Ultra Clean Holdings, Inc. has a 12-month low of $21.49 and a 12-month high of $144.22. The business’s 50 day moving average is $94.17 and its 200 day moving average is $81.26.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.17. The business had revenue of $644.90 million during the quarter, compared to analyst estimates of $587.65 million. Ultra Clean had a positive return on equity of 6.99% and a negative net margin of 1.07%.Ultra Clean’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. On average, sell-side analysts forecast that Ultra Clean Holdings, Inc. will post 2.67 earnings per share for the current fiscal year.

Ultra Clean Company 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.