Van ECK Associates Corp Raises Position in Entegris, Inc. $ENTG

Van ECK Associates Corp boosted its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 1,721.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,173,165 shares of the semiconductor company’s stock after buying an additional 2,053,869 shares during the quarter. Van ECK Associates Corp owned 1.43% of Entegris worth $200,931,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Resona Asset Management Co. Ltd. grew its stake in Entegris by 3.3% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 48,999 shares of the semiconductor company’s stock worth $3,963,000 after acquiring an additional 1,567 shares in the last quarter. Savant Capital LLC raised its holdings in Entegris by 13.2% in the second quarter. Savant Capital LLC now owns 3,696 shares of the semiconductor company’s stock worth $298,000 after purchasing an additional 431 shares in the last quarter. Aviva PLC purchased a new position in shares of Entegris in the 2nd quarter worth approximately $4,699,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Entegris by 0.3% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 128,728 shares of the semiconductor company’s stock valued at $10,382,000 after acquiring an additional 398 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of Entegris during the second quarter worth $599,000.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ENTG shares. Mizuho set a $150.00 price objective on shares of Entegris in a research report on Wednesday, February 11th. BMO Capital Markets reaffirmed an “outperform” rating and set a $148.00 target price on shares of Entegris in a report on Wednesday, February 11th. The Goldman Sachs Group increased their price objective on shares of Entegris from $75.00 to $95.00 and gave the stock a “sell” rating in a research note on Wednesday, February 11th. Needham & Company LLC reissued a “strong-buy” rating on shares of Entegris in a report on Tuesday, January 20th. Finally, Citigroup upped their price objective on Entegris from $145.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have issued a Hold rating and one has given 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.

Insider Activity

In other news, SVP Daniel D. Woodland sold 30,474 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $130.65, for a total value of $3,981,428.10. Following the sale, the senior vice president directly owned 46,904 shares in the company, valued at approximately $6,128,007.60. This trade represents a 39.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Bertrand Loy sold 50,322 shares of Entegris stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $137.41, for a total value of $6,914,746.02. Following the sale, the insider directly owned 217,767 shares of the company’s stock, valued at $29,923,363.47. This trade represents a 18.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 228,082 shares of company stock worth $29,827,181 over the last 90 days. Company insiders own 0.61% of the company’s stock.

Entegris Stock Up 4.4%

Shares of NASDAQ ENTG opened at $117.34 on Tuesday. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $142.50. The company has a current ratio of 3.35, a quick ratio of 2.04 and a debt-to-equity ratio of 0.94. The stock has a market cap of $17.84 billion, a PE ratio of 76.20, a P/E/G ratio of 2.11 and a beta of 1.30. The company has a 50-day moving average of $117.49 and a 200 day moving average of $97.72.

Entegris (NASDAQ:ENTG) last announced 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 analyst estimates of $811.04 million. Entegris had a net margin of 7.37% and a return on equity of 10.87%. Entegris’s quarterly revenue was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.84 earnings per share. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. As a group, sell-side analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th were given a $0.10 dividend. 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 payout ratio is currently 25.97%.

Entegris Profile

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.