Dorsey & Whitney Trust CO LLC Sells 5,354 Shares of Entegris, Inc. $ENTG

Dorsey & Whitney Trust CO LLC decreased its holdings in Entegris, Inc. (NASDAQ:ENTG) by 10.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,097 shares of the semiconductor company’s stock after selling 5,354 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Entegris were worth $4,052,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Entegris by 2.8% in the third quarter. Vanguard Group Inc. now owns 16,017,716 shares of the semiconductor company’s stock worth $1,480,998,000 after purchasing an additional 443,518 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Entegris by 5.8% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,457,925 shares of the semiconductor company’s stock worth $689,560,000 after purchasing an additional 412,121 shares during the last quarter. Capital Research Global Investors bought a new stake in shares of Entegris in the third quarter worth $644,841,000. State Street Corp grew its stake in shares of Entegris by 1.2% in the third quarter. State Street Corp now owns 5,090,627 shares of the semiconductor company’s stock worth $470,679,000 after purchasing an additional 62,619 shares during the last quarter. Finally, Durable Capital Partners LP grew its stake in shares of Entegris by 23.2% in the third quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock worth $348,115,000 after purchasing an additional 709,121 shares during the last quarter.

Insider Activity

In other news, SVP Clinton M. Haris sold 6,848 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the transaction, the senior vice president owned 54,961 shares in the company, valued at approximately $8,201,830.03. This represents a 11.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 6,326 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $140.17, for a total transaction of $886,715.42. Following the transaction, the senior vice president owned 50,121 shares in the company, valued at $7,025,460.57. This represents a 11.21% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 107,867 shares of company stock valued at $15,215,629. Corporate insiders own 0.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on ENTG shares. KeyCorp boosted their price objective on shares of Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Citigroup reissued a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Needham & Company LLC boosted their price objective on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $148.00 price target on shares of Entegris in a research report on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Entegris currently has an average rating of “Moderate Buy” and a consensus price target of $154.33.

Entegris Stock Performance

Shares of ENTG opened at $128.88 on Thursday. 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 capitalization of $19.65 billion, a P/E ratio of 74.50, a price-to-earnings-growth ratio of 1.67 and a beta of 1.37. The firm’s fifty day simple moving average is $137.41 and its two-hundred day simple moving average is $117.93. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $159.15.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. The business had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, analysts predict that Entegris, Inc. will post 3.6 EPS for the current year.

Entegris Announces Dividend

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