Capital Research Global Investors acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,974,133 shares of the semiconductor company’s stock, valued at approximately $644,841,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ENTG. Vanguard Group Inc. increased its holdings in Entegris by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 16,017,716 shares of the semiconductor company’s stock valued at $1,480,998,000 after buying an additional 443,518 shares during the period. Principal Financial Group Inc. raised its position in Entegris by 10.1% in the 3rd quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock worth $543,325,000 after purchasing an additional 540,755 shares during the last quarter. Primecap Management Co. CA boosted its holdings in Entegris by 3.1% in the third quarter. Primecap Management Co. CA now owns 3,161,635 shares of the semiconductor company’s stock valued at $292,325,000 after acquiring an additional 96,465 shares during the last quarter. Durable Capital Partners LP boosted its stake in Entegris by 4.9% in the second quarter. Durable Capital Partners LP now owns 3,055,914 shares of the semiconductor company’s stock valued at $246,459,000 after acquiring an additional 141,497 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Entegris by 31.2% in the 2nd quarter. Bank of America Corp DE now owns 3,031,048 shares of the semiconductor company’s stock worth $244,454,000 after purchasing an additional 720,467 shares during the last quarter.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the company. BMO Capital Markets restated an “outperform” rating and issued a $148.00 price target on shares of Entegris in a report on Wednesday, February 11th. Zacks Research upgraded Entegris from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 13th. Mizuho set a $150.00 target price on Entegris in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft cut Entegris from a “buy” rating to a “hold” rating and set a $105.00 price target for the company. in a research note on Tuesday, February 3rd. Finally, KeyCorp increased their price target on shares of Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and an average target price of $133.78.
Insider Transactions at Entegris
In other news, SVP Joseph Colella sold 1,580 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $131.49, for a total value of $207,754.20. Following the completion of the sale, the senior vice president owned 45,835 shares of the company’s stock, valued at approximately $6,026,844.15. This represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Linda Lagorga sold 11,438 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $135.00, for a total transaction of $1,544,130.00. Following the transaction, the chief financial officer directly owned 33,810 shares in the company, valued at approximately $4,564,350. This represents a 25.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 226,074 shares of company stock worth $29,640,758. Corporate insiders own 0.61% of the company’s stock.
Entegris Price Performance
Shares of NASDAQ ENTG opened at $116.88 on Wednesday. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $142.50. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.04 and a current ratio of 3.35. The stock has a market cap of $17.77 billion, a price-to-earnings ratio of 75.90, a PEG ratio of 2.20 and a beta of 1.30. The firm’s 50-day simple moving average is $118.10 and its 200 day simple moving average is $97.92.
Entegris (NASDAQ:ENTG – Get Free Report) last released its earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. The firm had revenue of $823.90 million for the quarter, compared to analysts’ expectations of $811.04 million. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The company’s quarterly revenue was down 3.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.84 earnings per share. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. As a group, research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.
Entegris Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, January 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio is 25.97%.
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.
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