HighTower Advisors LLC Sells 9,977 Shares of Entegris, Inc. $ENTG

HighTower Advisors LLC trimmed its holdings in Entegris, Inc. (NASDAQ:ENTG) by 44.3% in the 4th quarter, HoldingsChannel reports. The firm owned 12,552 shares of the semiconductor company’s stock after selling 9,977 shares during the quarter. HighTower Advisors LLC’s holdings in Entegris were worth $1,058,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Capital Research Global Investors purchased a new stake in shares of Entegris during the 3rd quarter worth approximately $644,841,000. Van ECK Associates Corp raised its holdings in shares of Entegris by 1,721.7% during the 3rd quarter. Van ECK Associates Corp now owns 2,173,165 shares of the semiconductor company’s stock worth $200,931,000 after acquiring an additional 2,053,869 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Entegris by 183.5% during the 3rd quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock worth $292,900,000 after acquiring an additional 2,050,473 shares in the last quarter. Duquesne Family Office LLC purchased a new stake in shares of Entegris during the 2nd quarter worth approximately $132,741,000. Finally, Rafferty Asset Management LLC raised its holdings in shares of Entegris by 64.4% during the 2nd quarter. Rafferty Asset Management LLC now owns 1,970,734 shares of the semiconductor company’s stock worth $158,940,000 after acquiring an additional 771,650 shares in the last quarter.

Insider Activity

In other news, SVP Susan G. Rice sold 19,893 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the transaction, the senior vice president owned 69,038 shares in the company, valued at approximately $9,171,007.92. This trade represents a 22.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the transaction, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. This represents a 16.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 107,867 shares of company stock valued at $15,215,629. Company insiders own 0.53% of the company’s stock.

Wall Street Analyst Weigh In

ENTG has been the topic of several recent research reports. UBS Group upped their price objective on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, May 1st. BMO Capital Markets reaffirmed an “outperform” rating and set a $148.00 price objective on shares of Entegris in a report on Wednesday, February 11th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 price objective on shares of Entegris in a report on Friday, May 1st. Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Finally, Weiss Ratings upgraded Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Seven 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $154.33.

Entegris Stock Performance

ENTG stock opened at $139.88 on Friday. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. The business’s fifty day simple moving average is $136.21 and its two-hundred day simple moving average is $116.30. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $159.15. The firm has a market cap of $21.33 billion, a price-to-earnings ratio of 80.86, a PEG ratio of 1.75 and a beta of 1.37.

Entegris (NASDAQ:ENTG) last released 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 return on equity of 11.45% and a net margin of 8.18%.The business had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. During the same quarter last year, the firm posted $0.67 earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Analysts predict that Entegris, Inc. will post 3.6 earnings per share for the current year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were paid a dividend of $0.10 per share. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is currently 23.12%.

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.