Maplelane Capital LLC Sells 265,000 Shares of Entegris, Inc. $ENTG

Maplelane Capital LLC reduced its position in Entegris, Inc. (NASDAQ:ENTG) by 63.1% in the first quarter, Holdings Channel.com reports. The firm owned 155,000 shares of the semiconductor company’s stock after selling 265,000 shares during the quarter. Entegris makes up 0.7% of Maplelane Capital LLC’s holdings, making the stock its 28th biggest holding. Maplelane Capital LLC’s holdings in Entegris were worth $18,172,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. SG Americas Securities LLC raised its holdings in shares of Entegris by 616.5% during the 4th quarter. SG Americas Securities LLC now owns 146,230 shares of the semiconductor company’s stock valued at $12,320,000 after buying an additional 125,822 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Entegris by 20.9% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,196 shares of the semiconductor company’s stock worth $17,035,000 after buying an additional 34,894 shares in the last quarter. Perpetual Ltd boosted its stake in Entegris by 2.7% in the fourth quarter. Perpetual Ltd now owns 418,090 shares of the semiconductor company’s stock worth $35,224,000 after buying an additional 10,889 shares in the last quarter. Legal & General Group Plc grew its position in Entegris by 2.6% during the fourth quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock valued at $41,661,000 after acquiring an additional 12,348 shares during the last quarter. Finally, Norges Bank bought a new position in Entegris during the fourth quarter valued at approximately $158,669,000.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $140.17, for a total value of $886,715.42. Following the sale, the senior vice president owned 50,121 shares of the company’s stock, valued at $7,025,460.57. This trade represents a 11.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Clinton M. Haris sold 6,848 shares of the firm’s stock in a transaction on 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 completion of the sale, the senior vice president directly owned 54,961 shares in the company, valued at approximately $8,201,830.03. This trade represents a 11.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,466 shares of company stock worth $6,186,624 over the last ninety days. 0.53% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ENTG has been the subject of a number of recent research reports. Citigroup restated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Mizuho increased their target price on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Entegris from $145.00 to $155.00 and gave the stock a “hold” rating in a research report on Monday, July 6th. Wall Street Zen raised shares of Entegris from a “buy” rating to a “strong-buy” rating in a research note on Sunday, July 12th. Finally, Weiss Ratings upgraded shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $164.22.

Entegris Price Performance

Shares of Entegris stock opened at $129.15 on Friday. 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 business’s 50 day simple moving average is $145.81 and its two-hundred day simple moving average is $132.82. The stock has a market capitalization of $19.70 billion, a P/E ratio of 74.65, a price-to-earnings-growth ratio of 1.58 and a beta of 1.31. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share 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 quarter in the prior year, the firm posted $0.67 earnings per share. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Analysts forecast that Entegris, Inc. will post 3.65 EPS for the current year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be given 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 is presently 23.12%.

About Entegris

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.