Wilson Asset Management International PTY Ltd. Takes $2.73 Million Position in Entegris, Inc. $ENTG

Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTGFree Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 32,422 shares of the semiconductor company’s stock, valued at approximately $2,732,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Truist Financial Corp increased its holdings in Entegris by 21.3% during the 3rd quarter. Truist Financial Corp now owns 63,312 shares of the semiconductor company’s stock valued at $5,854,000 after acquiring an additional 11,119 shares in the last quarter. Freedom Financial Partners LLC increased its holdings in Entegris by 105.8% during the 4th quarter. Freedom Financial Partners LLC now owns 34,051 shares of the semiconductor company’s stock valued at $2,869,000 after acquiring an additional 17,509 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Entegris by 10.1% during the 3rd quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock valued at $543,325,000 after acquiring an additional 540,755 shares in the last quarter. Mediolanum International Funds Ltd purchased a new position in Entegris during the 3rd quarter valued at about $12,093,000. Finally, iA Global Asset Management Inc. purchased a new position in Entegris during the 3rd quarter valued at about $7,619,000.

Insider Buying and Selling at Entegris

In other news, CFO Linda Lagorga sold 11,438 shares of Entegris stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 33,810 shares in the company, valued at $4,564,350. The trade was a 25.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Bertrand Loy sold 44,138 shares of Entegris stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $144.41, for a total transaction of $6,373,968.58. Following the sale, the insider owned 227,527 shares of the company’s stock, valued at approximately $32,857,174.07. This trade represents a 16.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 218,395 shares of company stock valued at $30,165,611. Corporate insiders own 0.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Citigroup restated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. BMO Capital Markets restated an “outperform” rating and set a $148.00 target price on shares of Entegris in a report on Wednesday, February 11th. UBS Group raised their target price on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a report on Friday. Needham & Company LLC raised their target price on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Mizuho set a $175.00 target price on shares of Entegris in a report on Friday. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $153.78.

View Our Latest Research Report on ENTG

Entegris Stock Performance

Shares of NASDAQ ENTG opened at $149.29 on Wednesday. The company has a market cap of $22.77 billion, a PE ratio of 86.29, a price-to-earnings-growth ratio of 1.73 and a beta of 1.39. Entegris, Inc. has a 12 month low of $66.32 and a 12 month high of $159.15. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. The company has a 50-day simple moving average of $128.58 and a 200-day simple moving average of $108.45.

Entegris (NASDAQ:ENTGGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The business had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, equities analysts anticipate that Entegris, Inc. will post 3.59 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, April 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%.

Entegris Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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