Swiss National Bank Buys 29,600 Shares of Entegris, Inc. $ENTG

Swiss National Bank lifted its stake in Entegris, Inc. (NASDAQ:ENTG) by 7.1% during the 1st quarter, Holdings Channel reports. The institutional investor owned 445,007 shares of the semiconductor company’s stock after buying an additional 29,600 shares during the period. Swiss National Bank’s holdings in Entegris were worth $52,173,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of ENTG. Steph & Co. purchased a new stake in Entegris during the 4th quarter valued at about $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Entegris in the 4th quarter worth approximately $29,000. Millstone Evans Group LLC increased its stake in Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 176 shares during the period. Johnson Financial Group Inc. lifted its position in Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 236 shares during the last quarter. Finally, First Horizon Corp lifted its position in Entegris by 147.1% in the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 178 shares during the last quarter.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ENTG shares. Needham & Company LLC raised their target price on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. UBS Group upped their price target on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a report on Friday, May 1st. The Goldman Sachs Group reissued a “sell” rating and set a $115.00 price target on shares of Entegris in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft raised their price target on shares of Entegris from $145.00 to $155.00 and gave the stock a “hold” rating in a report on Monday, July 6th. Finally, Mizuho boosted their price objective on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Seven 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. According to MarketBeat.com, Entegris presently has a consensus rating of “Moderate Buy” and an average price target of $164.22.

Entegris Price Performance

ENTG opened at $137.48 on Thursday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21. The stock has a market capitalization of $20.97 billion, a PE ratio of 79.47, a price-to-earnings-growth ratio of 1.63 and a beta of 1.31. The stock’s 50 day moving average price is $145.97 and its 200-day moving average price is $132.52. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, beating the consensus estimate 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 firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, equities research analysts predict that Entegris, Inc. will post 3.65 EPS for the current year.

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s payout ratio is presently 23.12%.

Insider Activity

In other Entegris news, SVP Clinton M. Haris sold 6,848 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total value of $1,021,927.04. Following the completion of the sale, the senior vice president directly owned 54,961 shares in the company, valued at $8,201,830.03. This trade represents a 11.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 19,893 shares of the firm’s stock in a transaction dated 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 completion of the sale, the senior vice president owned 69,038 shares of the company’s stock, valued at $9,171,007.92. This trade represents a 22.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 44,466 shares of company stock worth $6,186,624. 0.53% of the stock is owned by company insiders.

Entegris 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.