Entegris, Inc. $ENTG Stock Purchased by Norris Perne & French LLP MI

Norris Perne & French LLP MI increased its stake in Entegris, Inc. (NASDAQ:ENTG) by 185.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 95,784 shares of the semiconductor company’s stock after acquiring an additional 62,189 shares during the quarter. Norris Perne & French LLP MI’s holdings in Entegris were worth $14,757,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ENTG. Signaturefd LLC lifted its holdings in Entegris by 13.1% during the third quarter. Signaturefd LLC now owns 2,051 shares of the semiconductor company’s stock valued at $316,000 after purchasing an additional 237 shares in the last quarter. Evergreen Capital Management LLC grew its position in shares of Entegris by 1.5% in the third quarter. Evergreen Capital Management LLC now owns 5,372 shares of the semiconductor company’s stock valued at $828,000 after purchasing an additional 79 shares during the period. Gibbs Wealth Management increased its stake in shares of Entegris by 7.3% during the third quarter. Gibbs Wealth Management now owns 4,354 shares of the semiconductor company’s stock worth $671,000 after purchasing an additional 296 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its stake in shares of Entegris by 10.1% during the third quarter. Fifth Third Wealth Advisors LLC now owns 5,267 shares of the semiconductor company’s stock worth $811,000 after purchasing an additional 482 shares in the last quarter. Finally, Inspire Investing LLC increased its stake in shares of Entegris by 82.2% during the third quarter. Inspire Investing LLC now owns 45,191 shares of the semiconductor company’s stock worth $6,962,000 after purchasing an additional 20,391 shares in the last quarter.

Entegris Trading Up 4.8%

Shares of ENTG stock opened at $134.52 on Friday. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The stock’s fifty day moving average is $145.86 and its two-hundred day moving average is $144.36. The firm has a market capitalization of $20.51 billion, a P/E ratio of 67.60, a PEG ratio of 1.23 and a beta of 1.40.

Entegris (NASDAQ:ENTG) last released its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The business had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same quarter in the prior year, the firm earned $0.66 earnings per share. The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Research analysts expect that Entegris, Inc. will post 3.93 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 18th. Investors of record on Wednesday, October 28th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, October 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s payout ratio is presently 20.10%.

Wall Street Analyst Weigh In

ENTG has been the subject of several research analyst reports. Barclays assumed coverage on shares of Entegris in a research report on Monday, October 12th. They set an “overweight” rating and a $212.00 price target for the company. Mizuho lifted their price objective on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Citigroup boosted their price objective on Entegris from $170.00 to $195.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Stifel Nicolaus initiated coverage on Entegris in a report on Wednesday, October 7th. They set a “buy” rating and a $200.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $181.67.

Insider Buying and Selling

In other Entegris news, insider Olivier Blachier sold 2,000 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the sale, the insider owned 34,997 shares in the company, valued at approximately $5,622,618.02. This represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the sale, the senior vice president owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is owned by insiders.

Entegris Company Profile

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.