SCHEDULE 13G: Shapiro Capital Management Discloses 6.1% Stake in Ultra Clean Holdings

Sentiment:

Beneficial Ownership Disclosure


Shapiro Capital Management LLC has filed a Schedule 13G, reporting a 6.1% beneficial ownership stake in Ultra Clean Holdings, Inc. as of December 31, 2024.

Summary

  • Shapiro Capital Management LLC, an investment adviser, reported beneficial ownership of 2,746,282 shares of Ultra Clean Holdings, Inc. common stock.
  • This ownership represents 6.1% of the issuer's outstanding common stock.
  • The filing indicates that the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
  • Shapiro Capital Management LLC holds sole voting power over 2,404,731 shares and shared voting power over 341,551 shares.
  • The firm has sole dispositive power over all 2,746,282 shares and no shared dispositive power.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a routine disclosure of passive beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or outlook.

Positives

  • Shapiro Capital Management LLC, a professional investment adviser, has taken a significant passive stake, indicating potential confidence in Ultra Clean Holdings, Inc.

Future Outlook

This document, a Schedule 13G, is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future outlook.

Industry Context

This Schedule 13G filing pertains to a specific ownership disclosure by an investment adviser in Ultra Clean Holdings, Inc. and does not provide broader industry context or trends.

Stakeholder Impact

  • Shareholders: Provides transparency regarding a significant institutional holder's passive stake in the company.

Key Dates

DateDescription
12/31/2024Date of event which requires filing of this statement (end of reporting period).
02/03/2025Date of filing/signature.

Keywords

Ultra Clean Holdings, UCTT, Shapiro Capital Management, Schedule 13G, beneficial ownership, investment adviser, common stock, passive investment, SEC filing

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