Entegris, Inc. $ENTG Position Trimmed by Fenimore Asset Management Inc

Fenimore Asset Management Inc trimmed its position in Entegris, Inc. (NASDAQ:ENTG) by 1.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 355,630 shares of the semiconductor company’s stock after selling 3,704 shares during the period. Entegris comprises about 1.2% of Fenimore Asset Management Inc’s portfolio, making the stock its 27th largest holding. Fenimore Asset Management Inc owned approximately 0.23% of Entegris worth $54,788,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ENTG. Ancora Advisors LLC lifted its position in shares of Entegris by 85.1% in the second quarter. Ancora Advisors LLC now owns 174 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 80 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in Entegris by 0.3% during the fourth 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 acquiring an additional 100 shares during the last quarter. Parvin Asset Management LLC grew its stake in Entegris by 19.2% during the 1st quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock valued at $87,000 after acquiring an additional 120 shares in the last quarter. Lido Advisors LLC grew its stake in Entegris by 1.5% during the 1st quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock valued at $1,002,000 after acquiring an additional 125 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. lifted its stake in Entegris by 0.3% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock worth $5,199,000 after purchasing an additional 128 shares in the last quarter.

Insiders Place Their Bets

In other news, SVP Joseph Colella sold 3,916 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the sale, the senior vice president directly owned 50,297 shares in the company, valued at approximately $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the transaction, the insider directly owned 34,997 shares of the company’s stock, valued at $5,622,618.02. The trade was a 5.41% 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. Insiders have sold a total of 7,978 shares of company stock worth $1,273,734 in the last ninety days. 0.53% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on ENTG. Stifel Nicolaus began coverage on Entegris in a research report on Wednesday. They set a “buy” rating and a $200.00 price objective on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. BMO Capital Markets raised their price objective on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and lifted their target price for the stock from $152.00 to $200.00 in a research note on Wednesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $173.80.

Entegris Trading Down 2.5%

Shares of ENTG traded down $4.13 during midday trading on Thursday, hitting $162.19. 2,648,370 shares of the stock were exchanged, compared to its average volume of 2,847,913. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The stock has a fifty day simple moving average of $144.69 and a 200 day simple moving average of $141.83. The firm has a market cap of $24.73 billion, a P/E ratio of 81.50, a P/E/G ratio of 1.53 and a beta of 1.40.

Entegris (NASDAQ:ENTG) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.11. The firm had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.Entegris’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, research analysts anticipate that Entegris, Inc. will post 3.92 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. Entegris’s dividend payout ratio is 20.10%.

About Entegris

Entegris, Inc is a global supplier of advanced materials and process solutions used in the semiconductor and other high-technology industries. The company helps manufacturers protect, purify, transport and process the highly sensitive materials used to produce integrated circuits, memory devices and other electronic components.

Its products and services include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and wafer-shipping products, contamination-control solutions, chemical-mechanical planarization materials, deposition materials and solutions for semiconductor packaging.