Lodestar Private Asset Management LLC Acquires Shares of 5,900 Ultra Clean Holdings, Inc. $UCTT

Lodestar Private Asset Management LLC bought a new position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the first quarter, HoldingsChannel.com reports. The firm bought 5,900 shares of the semiconductor company’s stock, valued at approximately $367,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UCTT. Royal Bank of Canada increased its stake in Ultra Clean by 35.8% during the 1st quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock worth $555,000 after acquiring an additional 6,841 shares during the period. AQR Capital Management LLC grew its holdings in shares of Ultra Clean by 16.9% during the 1st quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock worth $4,256,000 after purchasing an additional 28,690 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Ultra Clean by 5.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock worth $566,000 after purchasing an additional 1,257 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Ultra Clean by 18.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company’s stock worth $1,822,000 after purchasing an additional 13,005 shares during the period. Finally, Jane Street Group LLC raised its stake in Ultra Clean by 1,987.5% in the first quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock valued at $3,173,000 after purchasing an additional 141,114 shares in the last quarter. 96.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UCTT has been the subject of several recent analyst reports. Oppenheimer upped their price objective on shares of Ultra Clean from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 9th. TD Cowen boosted their price objective on shares of Ultra Clean from $70.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. UBS Group assumed coverage on Ultra Clean in a research note on Tuesday, May 5th. They issued a “buy” rating and a $130.00 price target on the stock. Needham & Company LLC upped their price objective on Ultra Clean from $70.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen cut Ultra Clean from a “buy” rating to a “hold” rating in a research report on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Ultra Clean has a consensus rating of “Buy” and an average target price of $107.40.

Ultra Clean Price Performance

Shares of UCTT opened at $106.47 on Friday. Ultra Clean Holdings, Inc. has a 52 week low of $21.28 and a 52 week high of $144.22. The stock has a market capitalization of $4.77 billion, a price-to-earnings ratio of -24.82, a PEG ratio of 1.42 and a beta of 1.83. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.72 and a current ratio of 3.07. The stock has a fifty day moving average of $95.29 and a 200-day moving average of $66.45.

Ultra Clean (NASDAQ:UCTT) last issued its quarterly earnings data on Tuesday, April 28th. The semiconductor company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $533.70 million for the quarter, compared to analyst estimates of $525.28 million. Ultra Clean had a positive return on equity of 4.28% and a negative net margin of 9.38%.Ultra Clean’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 EPS. Ultra Clean has set its Q2 2026 guidance at 0.440-0.600 EPS. As a group, sell-side analysts anticipate that Ultra Clean Holdings, Inc. will post 2.14 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Jamie J. Palfrey sold 8,691 shares of Ultra Clean stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $79.72, for a total transaction of $692,846.52. Following the sale, the senior vice president directly owned 16,446 shares in the company, valued at $1,311,075.12. This trade represents a 34.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Emily M. Liggett sold 8,198 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $92.18, for a total transaction of $755,691.64. Following the sale, the director directly owned 38,152 shares in the company, valued at $3,516,851.36. The trade was a 17.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 80,106 shares of company stock worth $6,734,589 over the last quarter. 1.80% of the stock is currently owned by corporate insiders.

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.