Vanguard Group Inc. Acquires 443,518 Shares of Entegris, Inc. $ENTG

Vanguard Group Inc. increased its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 2.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,017,716 shares of the semiconductor company’s stock after buying an additional 443,518 shares during the period. Vanguard Group Inc. owned 0.11% of Entegris worth $1,480,998,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Principal Financial Group Inc. lifted its position in shares of Entegris by 10.1% during the third quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock worth $543,325,000 after purchasing an additional 540,755 shares in the last quarter. Primecap Management Co. CA raised its position in Entegris by 12.0% in the 2nd quarter. Primecap Management Co. CA now owns 3,065,170 shares of the semiconductor company’s stock worth $247,206,000 after purchasing an additional 329,306 shares during the last quarter. Durable Capital Partners LP lifted its holdings in Entegris by 4.9% during the 2nd quarter. Durable Capital Partners LP now owns 3,055,914 shares of the semiconductor company’s stock worth $246,459,000 after buying an additional 141,497 shares in the last quarter. Bank of America Corp DE boosted its position in Entegris by 31.2% in the 2nd quarter. Bank of America Corp DE now owns 3,031,048 shares of the semiconductor company’s stock valued at $244,454,000 after buying an additional 720,467 shares during the last quarter. Finally, Norges Bank bought a new position in Entegris in the 2nd quarter valued at $211,786,000.

Entegris Stock Performance

Shares of NASDAQ:ENTG opened at $134.49 on Friday. The firm’s 50 day simple moving average is $107.98 and its 200 day simple moving average is $93.42. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $138.99. The company has a market capitalization of $20.44 billion, a price-to-earnings ratio of 87.33, a P/E/G ratio of 2.49 and a beta of 1.33. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.35 and a quick ratio of 2.04.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. The firm had revenue of $823.90 million during the quarter, compared to analysts’ expectations of $811.04 million. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.84 earnings per share. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. As a group, sell-side analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Wednesday, January 28th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, January 28th. Entegris’s dividend payout ratio (DPR) is presently 25.97%.

Insiders Place Their Bets

In other Entegris news, SVP Clinton M. Haris sold 5,830 shares of the business’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $120.00, for a total value of $699,600.00. Following the completion of the transaction, the senior vice president directly owned 37,743 shares of the company’s stock, valued at approximately $4,529,160. The trade was a 13.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James P. Lederer sold 2,008 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $92.84, for a total value of $186,422.72. Following the completion of the sale, the director owned 20,434 shares of the company’s stock, valued at $1,897,092.56. This trade represents a 8.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 161,132 shares of company stock valued at $17,097,985. Insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Needham & Company LLC reaffirmed a “strong-buy” rating on shares of Entegris in a research note on Tuesday, January 20th. KeyCorp boosted their price objective on Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. The Goldman Sachs Group raised their target price on shares of Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a research note on Wednesday, February 11th. BMO Capital Markets reissued an “outperform” rating and set a $148.00 price target on shares of Entegris in a research note on Wednesday, February 11th. Finally, Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $133.78.

About Entegris

Entegris, Inc is a leading provider of advanced materials and process control solutions for the semiconductor and other high-technology industries. The company develops and supplies a broad portfolio of products designed to ensure purity and reliability throughout the manufacturing process, helping customers address critical contamination and yield challenges.

Entegris’s product offerings include high-purity chemicals and specialty materials, liquid and gas filtration and purification systems, and sophisticated wafer and chip handling solutions.