Bristol John W & Co. Inc. NY lessened its stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 1.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 796,270 shares of the semiconductor company’s stock after selling 15,153 shares during the period. Bristol John W & Co. Inc. NY owned about 0.53% of Entegris worth $73,623,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in ENTG. Vanguard Group Inc. boosted its holdings in Entegris by 2.8% in the third quarter. Vanguard Group Inc. now owns 16,017,716 shares of the semiconductor company’s stock valued at $1,480,998,000 after acquiring an additional 443,518 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Entegris by 5.8% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,457,925 shares of the semiconductor company’s stock worth $689,560,000 after purchasing an additional 412,121 shares during the last quarter. Capital Research Global Investors acquired a new position in shares of Entegris in the 3rd quarter worth approximately $644,841,000. Principal Financial Group Inc. boosted its stake in shares of Entegris by 10.1% in the 3rd quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock valued at $543,325,000 after purchasing an additional 540,755 shares during the last quarter. Finally, UBS Group AG boosted its stake in shares of Entegris by 19.7% in the 3rd quarter. UBS Group AG now owns 3,405,183 shares of the semiconductor company’s stock valued at $314,843,000 after purchasing an additional 559,435 shares during the last quarter.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on ENTG shares. Mizuho set a $150.00 target price on shares of Entegris in a research note on Wednesday, February 11th. UBS Group reaffirmed a “buy” rating and set a $150.00 price target on shares of Entegris in a research report on Monday, February 2nd. BMO Capital Markets reissued an “outperform” rating and issued a $148.00 price objective on shares of Entegris in a research report on Wednesday, February 11th. The Goldman Sachs Group boosted their price objective on Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a research note on Wednesday, February 11th. Finally, Citigroup upped their target price on Entegris from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $133.78.
Entegris Stock Down 5.3%
Shares of NASDAQ ENTG opened at $109.98 on Friday. The firm has a market cap of $16.72 billion, a PE ratio of 71.42, a P/E/G ratio of 2.18 and a beta of 1.30. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $142.50. The company’s fifty day simple moving average is $119.25 and its 200 day simple moving average is $98.13. The company has a quick ratio of 2.04, a current ratio of 3.35 and a debt-to-equity ratio of 0.94.
Entegris (NASDAQ:ENTG – Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.03. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The firm had revenue of $823.90 million during the quarter, compared to the consensus estimate of $811.04 million. During the same period in the previous year, the firm posted $0.84 earnings per share. The business’s 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, sell-side analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.
Entegris Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Wednesday, January 28th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, January 28th. Entegris’s payout ratio is presently 25.97%.
Insider Buying and Selling at Entegris
In related news, CFO Linda Lagorga sold 11,438 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $135.00, for a total transaction of $1,544,130.00. Following the transaction, the chief financial officer directly owned 33,810 shares of the company’s stock, valued at approximately $4,564,350. This represents a 25.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bertrand Loy sold 65,250 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $36,651,135.42. This trade represents a 17.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 226,074 shares of company stock worth $29,640,758 in the last quarter. Company insiders own 0.67% of the company’s stock.
Entegris Company 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.
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