Legacy Wealth Asset Management LLC Takes $766,000 Position in Entegris, Inc. $ENTG

Legacy Wealth Asset Management LLC purchased a new stake in Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,260 shares of the semiconductor company’s stock, valued at approximately $766,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of Entegris by 0.3% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock worth $2,645,000 after purchasing an additional 100 shares in the last quarter. Parvin Asset Management LLC boosted its holdings in Entegris by 19.2% during the first quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after buying an additional 120 shares in the last quarter. Lido Advisors LLC grew its position in Entegris by 1.5% during the first quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock worth $1,002,000 after buying an additional 125 shares during the period. Northwestern Mutual Investment Management Company LLC lifted its position in shares of Entegris by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after acquiring an additional 127 shares during the period. Finally, Resona Asset Management Co. Ltd. lifted its position in shares of Entegris by 0.3% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock valued at $5,199,000 after acquiring an additional 128 shares during the period.

Entegris Stock Down 5.2%

ENTG opened at $144.21 on Tuesday. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. The firm has a market cap of $21.99 billion, a P/E ratio of 72.47, a PEG ratio of 1.41 and a beta of 1.35. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94. The business’s fifty day simple moving average is $145.13 and its 200 day simple moving average is $135.00.

Entegris (NASDAQ:ENTG) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. During the same quarter in the previous year, the company posted $0.66 EPS. The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities research analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s dividend payout ratio (DPR) is 20.10%.

Wall Street Analysts Forecast Growth

ENTG has been the subject of several research analyst reports. UBS Group raised their price objective on Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday. The Goldman Sachs Group reiterated a “sell” rating and issued a $115.00 price objective on shares of Entegris in a research report on Friday, May 1st. BMO Capital Markets increased their price objective on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft set a $152.00 target price on shares of Entegris in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $165.56.

Insider Transactions at Entegris

In other Entegris news, SVP Joseph Colella sold 6,326 shares of Entegris stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $140.17, for a total value of $886,715.42. Following the completion of the sale, the senior vice president directly owned 50,121 shares of the company’s stock, valued at approximately $7,025,460.57. The trade was a 11.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Olivier Blachier sold 2,000 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.04, for a total value of $280,080.00. Following the transaction, the senior vice president directly owned 34,897 shares in the company, valued at approximately $4,886,975.88. This represents a 5.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 44,466 shares of company stock worth $6,186,624 in the last three months. 0.53% of the stock is currently owned by company 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.