HighVista Strategies LLC Sells 5,200 Shares of Entegris, Inc. $ENTG

HighVista Strategies LLC trimmed its holdings in Entegris, Inc. (NASDAQ:ENTG) by 24.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,700 shares of the semiconductor company’s stock after selling 5,200 shares during the period. HighVista Strategies LLC’s holdings in Entegris were worth $1,452,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Truist Financial Corp grew its holdings in shares of Entegris by 21.3% during the 3rd quarter. Truist Financial Corp now owns 63,312 shares of the semiconductor company’s stock worth $5,854,000 after purchasing an additional 11,119 shares in the last quarter. Principal Financial Group Inc. lifted its position in Entegris by 10.1% during the third quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock worth $543,325,000 after purchasing an additional 540,755 shares during the period. Mediolanum International Funds Ltd bought a new stake in Entegris during the third quarter worth about $12,093,000. Congress Asset Management Co. grew its stake in Entegris by 17.9% during the third quarter. Congress Asset Management Co. now owns 182,906 shares of the semiconductor company’s stock worth $16,912,000 after buying an additional 27,813 shares in the last quarter. Finally, iA Global Asset Management Inc. bought a new position in Entegris in the 3rd quarter valued at about $7,619,000.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ENTG shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research report on Monday, December 29th. Citigroup increased their price target on Entegris from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Zacks Research raised Entegris from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. Needham & Company LLC restated a “strong-buy” rating on shares of Entegris in a research report on Tuesday, January 20th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $148.00 target price on shares of Entegris in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $133.78.

Entegris Trading Down 1.5%

Shares of NASDAQ ENTG opened at $108.28 on Monday. The firm has a 50 day moving average price of $119.62 and a two-hundred day moving average price of $98.47. The stock has a market cap of $16.46 billion, a P/E ratio of 70.31, a price-to-earnings-growth ratio of 2.03 and a beta of 1.30. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $142.50. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.04 and a current ratio of 3.35.

Entegris (NASDAQ:ENTG) last announced its earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.67 by $0.03. The business had revenue of $823.90 million for the quarter, compared to analysts’ expectations of $811.04 million. Entegris had a return on equity of 10.87% and a net margin of 7.37%.The firm’s revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.84 earnings per share. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. As a group, equities analysts forecast that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th were issued a dividend of $0.10 per share. 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 currently 25.97%.

Insiders Place Their Bets

In related news, SVP Olivier Blachier sold 1,664 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $131.49, for a total transaction of $218,799.36. Following the transaction, the senior vice president directly owned 29,497 shares in the company, valued at approximately $3,878,560.53. The trade was a 5.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Daniel D. Woodland sold 30,474 shares of the stock in a transaction dated Thursday, February 12th. The shares were 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 owned 46,904 shares of the company’s stock, valued at approximately $6,128,007.60. This trade represents a 39.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 226,074 shares of company stock worth $29,640,758 in the last three months. 0.61% of the stock is owned by corporate insiders.

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.