Entegris, Inc. $ENTG Shares Bought by ICICI Prudential Asset Management Co Ltd

ICICI Prudential Asset Management Co Ltd boosted its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 12.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,523 shares of the semiconductor company’s stock after acquiring an additional 5,023 shares during the quarter. ICICI Prudential Asset Management Co Ltd’s holdings in Entegris were worth $3,835,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in ENTG. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Entegris by 0.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock valued at $2,645,000 after acquiring an additional 100 shares during the last quarter. Northwestern Mutual Investment Management Company LLC boosted its holdings in Entegris by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after acquiring an additional 127 shares during the last quarter. TD Private Client Wealth LLC lifted its stake in shares of Entegris by 13.3% during the fourth quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock worth $97,000 after purchasing an additional 135 shares in the last quarter. CIBC Asset Management Inc lifted its stake in shares of Entegris by 2.1% during the fourth quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock worth $564,000 after purchasing an additional 140 shares in the last quarter. Finally, National Bank of Canada FI lifted its stake in shares of Entegris by 7.5% during the third quarter. National Bank of Canada FI now owns 2,154 shares of the semiconductor company’s stock worth $199,000 after purchasing an additional 151 shares in the last quarter.

Entegris Stock Up 12.4%

Shares of NASDAQ ENTG opened at $144.92 on Friday. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $159.15. The firm has a market cap of $22.10 billion, a price-to-earnings ratio of 83.77, a PEG ratio of 1.60 and a beta of 1.37. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21. The stock’s 50-day simple moving average is $137.97 and its 200-day simple moving average is $118.43.

Entegris (NASDAQ:ENTG) last announced its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The business had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. During the same period in the previous year, the company earned $0.67 earnings per share. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, equities analysts anticipate that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s payout ratio is presently 23.12%.

Analyst Upgrades and Downgrades

ENTG has been the topic of a number of recent research reports. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Oppenheimer restated an “outperform” rating and set a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Needham & Company LLC boosted their price objective on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Mizuho boosted their price objective on Entegris from $175.00 to $180.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Finally, UBS Group boosted their price objective on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Entegris has an average rating of “Moderate Buy” and a consensus target price of $154.33.

Insider Buying and Selling at Entegris

In other news, SVP Clinton M. Haris sold 6,848 shares of Entegris stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. The trade was a 11.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, the director directly owned 18,277 shares in the company, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 107,867 shares of company stock valued at $15,215,629. Company insiders own 0.53% of the company’s stock.

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.