Callahan Advisors LLC trimmed its position in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 90.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,160 shares of the semiconductor company’s stock after selling 31,238 shares during the period. Callahan Advisors LLC’s holdings in Entegris were worth $266,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Ameriflex Group Inc. purchased a new position in shares of Entegris during the 3rd quarter valued at $25,000. SBI Securities Co. Ltd. raised its position in shares of Entegris by 260.8% in the third quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock worth $26,000 after buying an additional 206 shares in the last quarter. Steph & Co. bought a new stake in Entegris during the fourth quarter valued at $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Entegris during the fourth quarter valued at $29,000. Finally, Sound Income Strategies LLC grew its position in Entegris by 407.0% during the fourth quarter. Sound Income Strategies LLC now owns 507 shares of the semiconductor company’s stock worth $43,000 after buying an additional 407 shares in the last quarter.
Analysts Set New Price Targets
Several analysts have weighed in on the company. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Needham & Company LLC upped their price objective on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. UBS Group raised their target price on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, May 1st. The Goldman Sachs Group reiterated a “sell” rating and set a $115.00 target price on shares of Entegris in a research report on Friday, May 1st. Finally, KeyCorp increased their price target on shares of Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Seven research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Entegris has an average rating of “Moderate Buy” and a consensus target price of $153.78.
Insider Buying and Selling at Entegris
In other news, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.17, for a total transaction of $886,715.42. Following the transaction, the senior vice president directly owned 50,121 shares of the company’s stock, valued at approximately $7,025,460.57. This trade represents a 11.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Bertrand Loy sold 44,138 shares of the stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $144.41, for a total value of $6,373,968.58. Following the sale, the insider owned 227,527 shares of the company’s stock, valued at $32,857,174.07. This represents a 16.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 207,288 shares of company stock valued at $28,865,724. 0.53% of the stock is currently owned by insiders.
Entegris Stock Performance
Shares of NASDAQ ENTG opened at $131.39 on Friday. The stock’s 50-day moving average is $131.33 and its 200 day moving average is $112.52. The stock has a market cap of $20.04 billion, a price-to-earnings ratio of 75.95, a P/E/G ratio of 1.59 and a beta of 1.39. Entegris, Inc. has a 1-year low of $66.32 and a 1-year high of $159.15. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91.
Entegris (NASDAQ:ENTG – Get Free Report) last posted 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. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The firm had revenue of $811.90 million for the quarter, compared to the consensus estimate of $808.72 million. During the same period last year, the firm posted $0.67 earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, sell-side analysts anticipate that Entegris, Inc. will post 3.59 EPS for the current fiscal year.
Entegris Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date was Wednesday, April 29th. Entegris’s dividend payout ratio is presently 23.12%.
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.
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