Entegris, Inc. $ENTG Shares Sold by Sei Investments Co.

Sei Investments Co. decreased its holdings in Entegris, Inc. (NASDAQ:ENTG) by 11.0% in the 1st quarter, HoldingsChannel reports. The fund owned 295,914 shares of the semiconductor company’s stock after selling 36,745 shares during the quarter. Sei Investments Co.’s holdings in Entegris were worth $34,693,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Invesco Ltd. increased its holdings in shares of Entegris by 183.5% in the 3rd quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock valued at $292,900,000 after purchasing an additional 2,050,473 shares in the last quarter. Norges Bank purchased a new stake in Entegris during the fourth quarter worth about $158,669,000. Duquesne Family Office LLC purchased a new stake in Entegris during the second quarter worth about $132,741,000. Rafferty Asset Management LLC grew its position in Entegris by 64.4% during the second quarter. Rafferty Asset Management LLC now owns 1,970,734 shares of the semiconductor company’s stock worth $158,940,000 after buying an additional 771,650 shares during the period. Finally, Bank of America Corp DE grew its position in Entegris by 31.2% during the second quarter. Bank of America Corp DE now owns 3,031,048 shares of the semiconductor company’s stock worth $244,454,000 after buying an additional 720,467 shares during the period.

Insider Buying and Selling

In other news, Director James P. Lederer sold 3,569 shares of the business’s 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 completion of the transaction, the director directly owned 18,277 shares of the company’s stock, valued at $2,624,394.43. The trade was a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Susan G. Rice sold 19,893 shares of the company’s 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 $9,171,007.92. This represents a 22.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 44,466 shares of company stock valued at $6,186,624. Company insiders own 0.53% of the company’s stock.

Wall Street Analyst Weigh In

ENTG has been the subject of a number of research analyst reports. UBS Group lifted their price target on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Mizuho upped their price target on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft lifted their price objective on Entegris from $145.00 to $155.00 and gave the stock a “hold” rating in a report on Monday, July 6th. Finally, Weiss Ratings upgraded Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Seven investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $164.22.

Entegris Stock Performance

Shares of ENTG opened at $126.37 on Tuesday. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. The stock has a market cap of $19.27 billion, a P/E ratio of 73.05, a PEG ratio of 1.50 and a beta of 1.31. The company has a 50-day moving average of $145.79 and a two-hundred day moving average of $133.29. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating 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 business had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. During the same period in the prior year, the business earned $0.67 earnings per share. The company’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. As a group, research analysts predict that Entegris, Inc. will post 3.65 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, July 29th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s dividend payout ratio (DPR) is presently 23.12%.

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.