4,536 Shares in Entegris, Inc. $ENTG Acquired by Gibbs Wealth Management

Gibbs Wealth Management purchased a new stake in Entegris, Inc. (NASDAQ:ENTG) during the first quarter, HoldingsChannel reports. The firm purchased 4,536 shares of the semiconductor company’s stock, valued at approximately $532,000.

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

Entegris Trading Down 4.5%

ENTG opened at $129.15 on Friday. The stock has a market capitalization of $19.70 billion, a price-to-earnings ratio of 74.65, a P/E/G ratio of 1.50 and a beta of 1.31. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The company has a 50-day simple moving average of $145.81 and a 200 day simple moving average of $132.82.

Entegris (NASDAQ:ENTG) last released its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. The firm had revenue of $811.90 million for the quarter, compared to analyst estimates 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 period last year, the firm earned $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Analysts predict that Entegris, Inc. will post 3.65 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be issued 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 23.12%.

Insider Buying and Selling at Entegris

In related news, SVP Clinton M. Haris sold 6,848 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. This trade represents a 11.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.17, for a total value of $886,715.42. Following the transaction, the senior vice president directly owned 50,121 shares of the company’s stock, valued at approximately $7,025,460.57. The trade was a 11.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 44,466 shares of company stock worth $6,186,624 over the last quarter. 0.53% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have commented on ENTG. Deutsche Bank Aktiengesellschaft upped their price objective on Entegris from $145.00 to $155.00 and gave the company a “hold” rating in a report on Monday, July 6th. Mizuho lifted their price objective on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. BMO Capital Markets raised their target price on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Finally, The Goldman Sachs Group reiterated a “sell” rating and issued a $115.00 price target on shares of Entegris in a research report on Friday, May 1st. 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $164.22.

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.