Lombard Odier Asset Management Switzerland SA Purchases Shares of 4,800 Entegris, Inc. $ENTG

Lombard Odier Asset Management Switzerland SA purchased a new stake in Entegris, Inc. (NASDAQ:ENTG) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,800 shares of the semiconductor company’s stock, valued at approximately $563,000.

Other large investors have also recently made changes to their positions in the company. California Public Employees Retirement System boosted its position in shares of Entegris by 7.5% during the 2nd quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock worth $15,573,000 after purchasing an additional 13,544 shares during the period. Squarepoint Ops LLC raised its position in Entegris by 66.3% in the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock valued at $3,680,000 after purchasing an additional 18,195 shares during the period. Treasurer of the State of North Carolina raised its position in Entegris by 1.6% in the second quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock valued at $5,647,000 after purchasing an additional 1,114 shares during the period. Alliancebernstein L.P. lifted its stake in Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock worth $16,196,000 after purchasing an additional 7,292 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new position in Entegris during the second quarter worth $241,000.

Entegris Stock Performance

Shares of ENTG stock opened at $118.16 on Wednesday. The firm has a 50 day moving average of $145.67 and a two-hundred day moving average of $133.43. The stock has a market capitalization of $18.02 billion, a PE ratio of 68.30, a P/E/G ratio of 1.47 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 52 week low of $67.97 and a 52 week high of $186.94.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data 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. The business had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, research analysts predict that Entegris, Inc. will post 3.65 EPS for the current fiscal year.

Entegris Dividend Announcement

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

Insider Activity at Entegris

In other news, 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 transaction of $886,715.42. Following the completion of 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Susan G. Rice sold 19,893 shares of the company’s stock in a transaction that occurred 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 sale, the senior vice president owned 69,038 shares in the company, valued at $9,171,007.92. The trade was a 22.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 44,466 shares of company stock worth $6,186,624 over the last quarter. 0.53% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ENTG shares. UBS Group lifted their price objective on Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, May 1st. The Goldman Sachs Group reissued a “sell” rating and set a $115.00 target price on shares of Entegris in a research note on Friday, May 1st. Weiss Ratings upgraded Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Finally, Wall Street Zen upgraded shares of Entegris from a “buy” rating to a “strong-buy” rating in a research note on Sunday, July 12th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.