Entegris, Inc. $ENTG Shares Bought by Van ECK Associates Corp

Van ECK Associates Corp boosted its stake in Entegris, Inc. (NASDAQ:ENTG) by 1,721.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,173,165 shares of the semiconductor company’s stock after acquiring an additional 2,053,869 shares during the period. Van ECK Associates Corp’s holdings in Entegris were worth $200,931,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Truist Financial Corp raised its stake in shares of Entegris by 21.3% during the 3rd quarter. Truist Financial Corp now owns 63,312 shares of the semiconductor company’s stock worth $5,854,000 after buying an additional 11,119 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Entegris by 10.1% during the 3rd quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock worth $543,325,000 after buying an additional 540,755 shares during the last quarter. Mediolanum International Funds Ltd acquired a new position in Entegris during the third quarter worth about $12,093,000. Congress Asset Management Co. lifted its stake in Entegris by 17.9% in the 3rd quarter. Congress Asset Management Co. now owns 182,906 shares of the semiconductor company’s stock valued at $16,912,000 after buying an additional 27,813 shares in the last quarter. Finally, iA Global Asset Management Inc. purchased a new stake in Entegris during the 3rd quarter worth about $7,619,000.

Entegris Trading Up 4.4%

Entegris stock opened at $117.34 on Tuesday. The firm has a market capitalization of $17.84 billion, a price-to-earnings ratio of 76.20, a P/E/G ratio of 2.11 and a beta of 1.30. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $142.50. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.04 and a current ratio of 3.35. The company has a 50 day moving average price of $117.49 and a 200 day moving average price of $97.72.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.03. Entegris had a return on equity of 10.87% and a net margin of 7.37%.The business had revenue of $823.90 million during the quarter, compared to analyst estimates of $811.04 million. During the same period last year, the company earned $0.84 earnings per share. Entegris’s quarterly revenue was down 3.0% compared to the same quarter last year. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. Research analysts forecast that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Wednesday, January 28th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, January 28th. Entegris’s dividend payout ratio (DPR) is 25.97%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 price objective for the company. in a research note on Tuesday, February 3rd. Citigroup upped their target price on shares of Entegris from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group lifted their price objective on Entegris from $75.00 to $95.00 and gave the stock a “sell” rating in a report on Wednesday, February 11th. Needham & Company LLC reiterated a “strong-buy” rating on shares of Entegris in a research note on Tuesday, January 20th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $133.78.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Joseph Colella sold 1,580 shares of Entegris stock in a transaction on Friday, February 20th. The shares were sold at an average price of $131.49, for a total transaction of $207,754.20. Following the completion of the sale, the senior vice president owned 45,835 shares of the company’s stock, valued at approximately $6,026,844.15. The trade was a 3.33% 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, CFO Linda Lagorga sold 11,438 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $135.00, for a total value of $1,544,130.00. Following the sale, the chief financial officer directly owned 33,810 shares in the company, valued at $4,564,350. The trade was a 25.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 228,082 shares of company stock worth $29,827,181 over the last ninety days. Company insiders own 0.61% of the company’s stock.

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.