Entegris, Inc. $ENTG Stock: Schwartz Investment Counsel Inc. Lowers Position

Schwartz Investment Counsel Inc. reduced its holdings in Entegris, Inc. (NASDAQ:ENTG) by 88.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the semiconductor company’s stock after selling 160,000 shares during the period. Schwartz Investment Counsel Inc.’s holdings in Entegris were worth $3,081,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Man Group plc purchased a new stake in shares of Entegris during the 2nd quarter worth about $2,461,000. Deutsche Bank AG acquired a new stake in shares of Entegris in the second quarter worth $69,930,000. BlackRock Inc. bought a new stake in shares of Entegris during the 2nd quarter worth $3,683,556,000. Generate Investment Management Ltd bought a new stake in shares of Entegris during the 3rd quarter worth $16,893,000. Finally, Empowered Funds LLC acquired a new position in Entegris in the 2nd quarter valued at $1,368,000.

Insider Activity

In related news, SVP Susan G. Rice sold 2,062 shares of Entegris stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the sale, the senior vice president directly owned 66,976 shares of the company’s stock, valued at $10,014,251.52. The trade was a 2.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Olivier Blachier sold 2,000 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the sale, the insider directly owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. This trade represents a 5.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 7,978 shares of company stock valued at $1,273,734 in the last 90 days. 0.53% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ENTG. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. UBS Group upped their price target on Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Finally, Truist Financial started coverage on Entegris in a report on Wednesday, October 14th. They set a “buy” rating and a $190.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $181.67.

Entegris Trading Up 7.0%

Shares of ENTG opened at $150.10 on Wednesday. The business’s fifty day moving average price is $145.63 and its two-hundred day moving average price is $137.00. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94.

Entegris (NASDAQ:ENTG) last released its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The business had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. During the same quarter in the previous year, the company posted $0.66 earnings per share. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Research analysts anticipate that Entegris, Inc. will post 3.93 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, October 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%.

About Entegris

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.