The Manufacturers Life Insurance Company Takes Position in Ultra Clean Holdings, Inc. $UCTT

The Manufacturers Life Insurance Company purchased a new position in Ultra Clean Holdings, Inc. (NASDAQ:UCTT) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,592 shares of the semiconductor company’s stock, valued at approximately $3,221,000.

A number of other institutional investors have also added to or reduced their stakes in UCTT. BlackRock Inc. purchased a new position in Ultra Clean during the second quarter valued at $986,722,000. Invesco Ltd. grew its position in shares of Ultra Clean by 63.1% in the 4th quarter. Invesco Ltd. now owns 3,399,834 shares of the semiconductor company’s stock worth $86,118,000 after buying an additional 1,315,407 shares during the period. Paradigm Capital Management Inc. NY purchased a new stake in shares of Ultra Clean in the 2nd quarter worth about $86,723,000. Cooper Creek Partners Management LLC bought a new position in shares of Ultra Clean in the 1st quarter worth about $36,486,000. Finally, Millennium Management LLC increased its stake in shares of Ultra Clean by 944.8% in the 4th quarter. Millennium Management LLC now owns 559,955 shares of the semiconductor company’s stock worth $14,184,000 after acquiring an additional 506,363 shares in the last quarter. Institutional investors own 96.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on UCTT shares. Needham & Company LLC lifted their price target on shares of Ultra Clean from $92.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings downgraded shares of Ultra Clean from a “sell (d)” rating to a “sell (d-)” rating in a research note on Friday, August 7th. Wall Street Zen upgraded shares of Ultra Clean from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Oppenheimer boosted their price target on Ultra Clean from $115.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. Finally, UBS Group restated a “buy” rating on shares of Ultra Clean in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $129.00.

Insider Buying and Selling at Ultra Clean

In related news, CFO Sheri Savage sold 15,766 shares of the business’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 50,710 shares in the company, valued at $4,537,023.70. The trade was a 23.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.80% of the stock is owned by company insiders.

Ultra Clean Stock Performance

Shares of Ultra Clean stock opened at $65.11 on Wednesday. Ultra Clean Holdings, Inc. has a 1 year low of $21.49 and a 1 year high of $144.22. The firm’s 50-day moving average is $92.13 and its 200 day moving average is $81.42. The stock has a market cap of $2.92 billion, a price-to-earnings ratio of -125.21, a PEG ratio of 0.73 and a beta of 1.88. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.73 and a quick ratio of 1.25.

Ultra Clean (NASDAQ:UCTT) last released its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.70 earnings per share 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 negative net margin of 1.07% and a positive return on equity of 6.99%. Ultra Clean’s revenue was up 24.3% compared to the same quarter last year. During the same period last year, the business earned $0.27 EPS. Ultra Clean has set its Q3 2026 guidance at 0.830-1.030 EPS. Sell-side analysts anticipate that Ultra Clean Holdings, Inc. will post 2.67 EPS for the current fiscal year.

About Ultra Clean

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.