Goldman Sachs Group Inc. Has $98.94 Million Stock Position in Entegris, Inc. $ENTG

Goldman Sachs Group Inc. grew its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 41.3% in the fourth quarter, HoldingsChannel reports. The fund owned 1,174,357 shares of the semiconductor company’s stock after acquiring an additional 343,101 shares during the period. Goldman Sachs Group Inc.’s holdings in Entegris were worth $98,940,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Bridges Investment Management Inc. boosted its position in Entegris by 20.9% during the 4th quarter. Bridges Investment Management Inc. now owns 2,762 shares of the semiconductor company’s stock worth $233,000 after acquiring an additional 478 shares during the last quarter. Natixis Advisors LLC boosted its position in Entegris by 15.0% during the 4th quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock worth $35,449,000 after acquiring an additional 54,973 shares during the last quarter. BNP Paribas Financial Markets boosted its position in Entegris by 122.0% during the 4th quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock worth $38,408,000 after acquiring an additional 250,574 shares during the last quarter. Forsta AP Fonden boosted its position in Entegris by 4.1% during the 4th quarter. Forsta AP Fonden now owns 30,400 shares of the semiconductor company’s stock worth $2,561,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Norges Bank acquired a new position in Entegris during the 4th quarter worth approximately $158,669,000.

Insiders Place Their Bets

In related news, Director James P. Lederer sold 3,569 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. This represents a 16.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Susan G. Rice sold 19,893 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $132.84, for a total value of $2,642,586.12. Following the completion of the sale, the senior vice president owned 69,038 shares in the company, valued at approximately $9,171,007.92. This trade represents a 22.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 107,867 shares of company stock worth $15,215,629 in the last quarter. Company insiders own 0.53% of the company’s stock.

Entegris Trading Up 1.2%

NASDAQ ENTG opened at $134.35 on Wednesday. The company has a market cap of $20.49 billion, a PE ratio of 77.66, a PEG ratio of 1.65 and a beta of 1.37. 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, Inc. has a 12 month low of $67.97 and a 12 month high of $159.15. The stock has a 50 day moving average of $137.01 and a 200-day moving average of $117.51.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. The company had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, equities research analysts anticipate that Entegris, Inc. will post 3.6 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Wednesday, April 29th. Entegris’s dividend payout ratio is 23.12%.

Analyst Upgrades and Downgrades

ENTG has been the subject of a number of recent research reports. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Mizuho increased their price objective on Entegris from $175.00 to $180.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Oppenheimer reissued an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a report on Friday, May 1st. Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Finally, UBS Group increased their price objective on Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Entegris currently has an average rating of “Moderate Buy” and an average target price of $154.33.

About Entegris

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.