Entegris, Inc. $ENTG Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC cut its position in Entegris, Inc. (NASDAQ:ENTG) by 14.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,454 shares of the semiconductor company’s stock after selling 3,940 shares during the quarter. Park Avenue Securities LLC’s holdings in Entegris were worth $3,459,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in ENTG. Evergreen Capital Management LLC boosted its stake in Entegris by 1.5% in the 3rd quarter. Evergreen Capital Management LLC now owns 5,372 shares of the semiconductor company’s stock worth $828,000 after purchasing an additional 79 shares in the last quarter. Ancora Advisors LLC boosted its holdings in shares of Entegris by 85.1% in the 2nd quarter. Ancora Advisors LLC now owns 174 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 80 shares during the last quarter. SBI Securities Co. Ltd. increased its stake in shares of Entegris by 51.1% in the third quarter. SBI Securities Co. Ltd. now owns 278 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 94 shares during the period. Fortitude Family Office LLC increased its stake in shares of Entegris by 25.9% in the third quarter. Fortitude Family Office LLC now owns 511 shares of the semiconductor company’s stock worth $79,000 after acquiring an additional 105 shares during the period. Finally, Parvin Asset Management LLC increased its stake in shares of Entegris by 19.2% in the first quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after acquiring an additional 120 shares during the period.

Entegris Trading Down 3.5%

Shares of NASDAQ:ENTG opened at $154.39 on Friday. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The firm has a market capitalization of $23.54 billion, a price-to-earnings ratio of 60.31, a price-to-earnings-growth ratio of 1.47 and a beta of 1.40. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.66 and a quick ratio of 1.85. The business’s 50 day moving average price is $146.32 and its 200-day moving average price is $137.85.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, October 29th. The semiconductor company reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.20. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $925.35 million. Entegris had a net margin of 11.14% and a return on equity of 13.86%. The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.72 earnings per share. On average, equities research analysts forecast that Entegris, Inc. will post 3.93 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business 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. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, October 28th. Entegris’s dividend payout ratio is 20.10%.

Insider Buying and Selling

In related news, SVP Joseph Colella sold 3,916 shares of the firm’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president directly owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. This trade represents a 7.22% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Susan Rice sold 2,062 shares of Entegris stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the sale, the senior vice president owned 66,976 shares in the company, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 7,978 shares of company stock worth $1,273,734 in the last 90 days. Insiders own 0.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on ENTG shares. Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and raised their target price for the stock from $152.00 to $200.00 in a report on Wednesday, August 12th. Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Needham & Company LLC boosted their price objective on Entegris from $170.00 to $185.00 and gave the company a “buy” rating in a report on Thursday. Finally, BMO Capital Markets boosted their price objective on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $187.17.

Entegris News Roundup

Here are the key news stories impacting Entegris this week:

• Positive Sentiment: Q3 results exceeded expectations. Entegris reported $1.23 in adjusted EPS versus the $1.03 consensus estimate, while revenue reached approximately $1.01 billion—up 24.6% year over year and well above expectations of roughly $925 million. The company also reported improved gross and operating margins. Entegris Q3 earnings report
• Positive Sentiment: Management issued constructive fourth-quarter guidance. Entegris projected sales of $1.025 billion to $1.055 billion and GAAP EPS of $1.09 to $1.17, supporting expectations for continued semiconductor-related demand. The company also generated $266.8 million in operating cash flow and paid down $200 million of debt. Entegris reports record Q3 revenue
• Positive Sentiment: Several analysts raised their targets. UBS lifted its target to $220 and reaffirmed Buy, while Barclays raised its target to $224 with an Overweight rating. Truist increased its target to $199 and maintained Buy, and Needham raised its target to $185. UBS raises Entegris price target
• Neutral Sentiment: Analyst views remain split. Goldman Sachs raised its target to $135 but retained a Sell rating, implying the recent rally may have outpaced fundamentals. The wide range of targets highlights uncertainty over Entegris’ growth and margin outlook.
• Negative Sentiment: Valuation may be limiting upside. With a reported price-to-earnings ratio near 78, investors may be demanding sustained earnings growth. Reports of insider selling, without corresponding purchases over the past six months, could also weigh on sentiment.

Entegris 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.