JPMorgan Chase & Co. Sells 542,888 Shares of Entegris, Inc. $ENTG

JPMorgan Chase & Co. decreased its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 47.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 609,758 shares of the semiconductor company’s stock after selling 542,888 shares during the period. JPMorgan Chase & Co.’s holdings in Entegris were worth $56,378,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Police & Firemen s Retirement System of New Jersey grew its stake in shares of Entegris by 4.4% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 22,796 shares of the semiconductor company’s stock valued at $1,838,000 after acquiring an additional 951 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Entegris by 7.7% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 38,899 shares of the semiconductor company’s stock worth $3,137,000 after purchasing an additional 2,773 shares in the last quarter. Avantax Advisory Services Inc. boosted its holdings in Entegris by 43.4% in the 2nd quarter. Avantax Advisory Services Inc. now owns 28,433 shares of the semiconductor company’s stock valued at $2,293,000 after purchasing an additional 8,612 shares during the period. Nomura Asset Management Co. Ltd. boosted its holdings in Entegris by 11.4% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 47,780 shares of the semiconductor company’s stock valued at $3,853,000 after purchasing an additional 4,900 shares during the period. Finally, Westfield Capital Management Co. LP acquired a new position in shares of Entegris during the 2nd quarter worth approximately $44,010,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research report on Monday, December 29th. Mizuho set a $150.00 price objective on Entegris in a research note on Wednesday, February 11th. Citigroup lifted their price objective on Entegris from $145.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. BMO Capital Markets reiterated an “outperform” rating and set a $148.00 target price on shares of Entegris in a research report on Wednesday, February 11th. Finally, KeyCorp upped their target price on Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Entegris has an average rating of “Moderate Buy” and a consensus target price of $133.78.

Entegris Stock Performance

Shares of Entegris stock opened at $115.86 on Friday. 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 company has a market cap of $17.61 billion, a PE ratio of 75.23, a price-to-earnings-growth ratio of 2.17 and a beta of 1.30. The company has a 50 day moving average of $121.00 and a 200-day moving average of $99.13. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $142.50.

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. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The business had revenue of $823.90 million for the quarter, compared to analysts’ expectations of $811.04 million. During the same period last year, the firm posted $0.84 earnings per share. The firm’s quarterly revenue was down 3.0% compared to the same quarter last year. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. As a group, equities research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

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

Insider Activity at Entegris

In related news, SVP Daniel D. Woodland sold 30,474 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $130.65, for a total transaction of $3,981,428.10. Following the completion of the sale, the senior vice president directly owned 46,904 shares in the company, valued at $6,128,007.60. This represents a 39.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Bertrand Loy sold 65,250 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $119.61, for a total value of $7,804,552.50. Following the completion of the sale, the insider directly owned 306,422 shares in the company, valued at $36,651,135.42. This trade represents a 17.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 226,074 shares of company stock worth $29,640,758 in the last three months. Insiders own 0.67% of the company’s stock.

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.