Entegris, Inc. $ENTG Shares Sold by Madison Asset Management LLC

Madison Asset Management LLC cut its position in Entegris, Inc. (NASDAQ:ENTG) by 54.1% during the 1st quarter, HoldingsChannel reports. The firm owned 28,834 shares of the semiconductor company’s stock after selling 33,922 shares during the quarter. Madison Asset Management LLC’s holdings in Entegris were worth $3,380,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Steph & Co. acquired a new stake in shares of Entegris in the fourth quarter valued at approximately $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Entegris during the fourth quarter valued at approximately $29,000. Millstone Evans Group LLC boosted its position in shares of Entegris by 191.3% during the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after buying an additional 176 shares during the period. Johnson Financial Group Inc. boosted its position in shares of Entegris by 147.5% during the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after buying an additional 236 shares during the period. Finally, First Horizon Corp grew its holdings in Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after buying an additional 178 shares in the last quarter.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Susan G. Rice sold 19,893 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $132.84, for a total value of $2,642,586.12. Following the completion of the sale, the senior vice president directly owned 69,038 shares of the company’s stock, valued at approximately $9,171,007.92. This represents a 22.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $140.17, for a total transaction of $886,715.42. Following the transaction, the senior vice president owned 50,121 shares of the company’s stock, valued at approximately $7,025,460.57. This trade represents a 11.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 44,466 shares of company stock valued at $6,186,624. Corporate insiders own 0.53% of the company’s stock.

Analysts Set New Price Targets

ENTG has been the topic of several analyst reports. Wall Street Zen upgraded Entegris from a “buy” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Mizuho boosted their price target on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. BMO Capital Markets raised their price target on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Finally, Oppenheimer restated an “outperform” rating and set a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $164.22.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $140.17 on Wednesday. The stock has a market cap of $21.38 billion, a price-to-earnings ratio of 81.02, a PEG ratio of 1.56 and a beta of 1.31. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The stock’s 50 day moving average price is $146.12 and its 200 day moving average price is $132.15.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. During the same period last year, the company posted $0.67 EPS. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Equities research analysts anticipate that Entegris, Inc. will post 3.65 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, July 29th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s dividend payout ratio (DPR) is currently 23.12%.

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.