SG Americas Securities LLC Sells 85,607 Shares of Entegris, Inc. $ENTG

SG Americas Securities LLC trimmed its holdings in Entegris, Inc. (NASDAQ:ENTG) by 58.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 60,623 shares of the semiconductor company’s stock after selling 85,607 shares during the period. SG Americas Securities LLC’s holdings in Entegris were worth $7,107,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. BI Asset Management Fondsmaeglerselskab A S grew its position in shares of Entegris by 95.0% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 7,866 shares of the semiconductor company’s stock worth $922,000 after purchasing an additional 3,832 shares in the last quarter. Montanaro Asset Management Ltd lifted its holdings in Entegris by 115.4% in the 4th quarter. Montanaro Asset Management Ltd now owns 104,700 shares of the semiconductor company’s stock worth $8,821,000 after purchasing an additional 56,100 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in Entegris by 101.9% in the 4th quarter. Corient Private Wealth LLC now owns 9,253 shares of the semiconductor company’s stock worth $783,000 after purchasing an additional 4,671 shares in the last quarter. Hsbc Holdings PLC boosted its stake in Entegris by 138.9% in the 4th quarter. Hsbc Holdings PLC now owns 128,339 shares of the semiconductor company’s stock worth $10,834,000 after purchasing an additional 74,623 shares during the period. Finally, Invesco Ltd. grew its holdings in Entegris by 13.4% during the 4th quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock valued at $302,682,000 after buying an additional 424,812 shares in the last quarter.

Entegris Price Performance

ENTG stock opened at $161.43 on Friday. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94. The firm has a market capitalization of $24.62 billion, a P/E ratio of 93.31, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37. The company has a fifty day simple moving average of $146.86 and a two-hundred day simple moving average of $124.92. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91.

Entegris (NASDAQ:ENTG) last posted its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates 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 in the previous year, the firm posted $0.67 EPS. The business’s quarterly revenue was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Analysts anticipate that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed 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. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. Entegris’s dividend payout ratio is 23.12%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on ENTG shares. Needham & Company LLC lifted their price objective on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 target price on shares of Entegris in a research note on Friday, May 1st. Oppenheimer reiterated an “outperform” rating and issued a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Finally, Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Entegris presently has an average rating of “Moderate Buy” and an average target price of $154.33.

Insider Transactions at Entegris

In related news, SVP Susan G. Rice sold 19,893 shares of Entegris stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the completion of the transaction, the senior vice president directly owned 69,038 shares of the company’s stock, valued at approximately $9,171,007.92. The trade was a 22.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Clinton M. Haris sold 6,848 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total value of $1,021,927.04. Following the transaction, the senior vice president owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. The trade was a 11.08% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 107,867 shares of company stock worth $15,215,629. 0.53% of the stock is currently owned by insiders.

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.