Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires New Position in Ichor Holdings, Ltd. $ICHR

Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Ichor Holdings, Ltd. (NASDAQ:ICHR) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 8,515 shares of the technology company’s stock, valued at approximately $397,000.

A number of other large investors have also modified their holdings of ICHR. Royal Bank of Canada raised its stake in shares of Ichor by 27.7% during the 1st quarter. Royal Bank of Canada now owns 9,891 shares of the technology company’s stock worth $224,000 after buying an additional 2,146 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Ichor by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock worth $444,000 after acquiring an additional 865 shares during the period. Jane Street Group LLC grew its holdings in Ichor by 286.0% during the first quarter. Jane Street Group LLC now owns 53,277 shares of the technology company’s stock worth $1,205,000 after acquiring an additional 39,476 shares during the period. Gamco Investors INC. ET AL raised its position in Ichor by 75.9% in the second quarter. Gamco Investors INC. ET AL now owns 24,100 shares of the technology company’s stock worth $473,000 after acquiring an additional 10,400 shares in the last quarter. Finally, Federated Hermes Inc. raised its position in Ichor by 243.1% in the second quarter. Federated Hermes Inc. now owns 107,629 shares of the technology company’s stock worth $2,114,000 after acquiring an additional 76,257 shares in the last quarter. 94.81% of the stock is owned by hedge funds and other institutional investors.

Ichor Price Performance

Shares of NASDAQ:ICHR opened at $82.87 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.21 and a current ratio of 2.82. The business’s fifty day moving average price is $83.27 and its two-hundred day moving average price is $58.03. The stock has a market cap of $2.89 billion, a PE ratio of -55.99 and a beta of 1.78. Ichor Holdings, Ltd. has a one year low of $13.12 and a one year high of $113.58.

Ichor (NASDAQ:ICHR) last released its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The company had revenue of $256.07 million during the quarter, compared to analysts’ expectations of $251.32 million. During the same period in the previous year, the firm posted $0.12 earnings per share. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, analysts forecast that Ichor Holdings, Ltd. will post 0.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ICHR has been the topic of several research analyst reports. Needham & Company LLC boosted their target price on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Oppenheimer raised their price objective on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, May 5th. Zacks Research raised shares of Ichor from a “hold” rating to a “strong-buy” rating in a report on Friday, July 3rd. B. Riley Financial upped their target price on shares of Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $82.29.

Insider Activity

In related news, Director Marc Haugen sold 5,337 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $75.63, for a total value of $403,637.31. Following the completion of the transaction, the director owned 10,825 shares of the company’s stock, valued at approximately $818,694.75. The trade was a 33.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Laura A. Black sold 20,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total transaction of $1,500,400.00. Following the completion of the transaction, the director owned 20,462 shares in the company, valued at approximately $1,535,059.24. This trade represents a 49.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 79,447 shares of company stock worth $5,678,621 in the last quarter. Corporate insiders own 1.70% of the company’s stock.

Ichor Company Profile

Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.

Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.