Altshuler Shaham Ltd Decreases Stake in Entegris, Inc. $ENTG

Altshuler Shaham Ltd lessened its stake in Entegris, Inc. (NASDAQ:ENTG) by 31.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,306,078 shares of the semiconductor company’s stock after selling 612,022 shares during the quarter. Entegris accounts for approximately 1.6% of Altshuler Shaham Ltd’s portfolio, making the stock its 23rd biggest position. Altshuler Shaham Ltd’s holdings in Entegris were worth $110,037,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ENTG. California Public Employees Retirement System boosted its stake in shares of Entegris by 7.5% in the 2nd quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock valued at $15,573,000 after buying an additional 13,544 shares during the period. Squarepoint Ops LLC boosted its stake in shares of Entegris by 66.3% in the 2nd quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock valued at $3,680,000 after buying an additional 18,195 shares during the period. Treasurer of the State of North Carolina boosted its stake in shares of Entegris by 1.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock valued at $5,647,000 after buying an additional 1,114 shares during the period. Alliancebernstein L.P. lifted its stake in Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock worth $16,196,000 after purchasing an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in Entegris during the second quarter worth approximately $241,000.

Wall Street Analyst Weigh In

ENTG has been the subject of several recent analyst reports. Weiss Ratings upgraded Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Needham & Company LLC boosted their target price on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Oppenheimer restated an “outperform” rating and set a $160.00 target price on shares of Entegris in a research note on Friday, May 1st. Finally, Citigroup restated a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $154.33.

Entegris Trading Up 3.8%

ENTG opened at $157.34 on Thursday. The firm has a market cap of $23.99 billion, a price-to-earnings ratio of 90.95, a price-to-earnings-growth ratio of 1.89 and a beta of 1.37. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $168.00. The business’s 50 day moving average is $141.07 and its two-hundred day moving average is $120.72. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.75 by $0.11. The company had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The firm’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, research analysts predict that Entegris, Inc. will post 3.6 EPS for the current year.

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s payout ratio is presently 23.12%.

Insiders Place Their Bets

In other news, SVP Joseph Colella sold 6,326 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $140.17, for a total value of $886,715.42. Following the transaction, the senior vice president owned 50,121 shares of the company’s stock, valued at approximately $7,025,460.57. The trade was a 11.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James P. Lederer sold 3,569 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the completion of the transaction, the director directly owned 18,277 shares in the company, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 107,867 shares of company stock valued at $15,215,629. 0.53% of the stock is owned by company insiders.

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.