Gradient Investments LLC Sells 3,357 Shares of Entegris, Inc. $ENTG

Gradient Investments LLC decreased its holdings in Entegris, Inc. (NASDAQ:ENTG) by 24.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,584 shares of the semiconductor company’s stock after selling 3,357 shares during the period. Gradient Investments LLC’s holdings in Entegris were worth $1,904,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. California Public Employees Retirement System grew its stake in Entegris by 7.5% in the 2nd quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock valued at $15,573,000 after buying an additional 13,544 shares in the last quarter. Squarepoint Ops LLC grew its position in shares of Entegris by 66.3% in the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock valued at $3,680,000 after purchasing an additional 18,195 shares in the last quarter. Treasurer of the State of North Carolina raised its stake in shares of Entegris by 1.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock valued at $5,647,000 after purchasing an additional 1,114 shares during the period. Alliancebernstein L.P. raised its stake in shares of Entegris by 3.8% during the 2nd quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock valued at $16,196,000 after purchasing an additional 7,292 shares during the period. Finally, Diversify Advisory Services LLC purchased a new stake in Entegris during the 2nd quarter worth about $241,000.

Entegris Stock Performance

NASDAQ ENTG opened at $152.08 on Monday. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. The company has a fifty day moving average of $144.96 and a 200-day moving average of $134.80. The company has a market capitalization of $23.19 billion, a P/E ratio of 76.42, a P/E/G ratio of 1.41 and a beta of 1.35. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05.

Entegris (NASDAQ:ENTG) last released its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. During the same quarter in the prior year, the firm earned $0.66 earnings per share. The firm’s revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities research analysts predict that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be paid a $0.10 dividend. 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 currently 20.10%.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. BMO Capital Markets lifted their target price on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Citigroup restated a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday. UBS Group upped their target price on shares of Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $165.56.

Insider Buying and Selling at Entegris

In other news, SVP Clinton M. Haris sold 6,848 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total value of $1,021,927.04. Following the completion of the sale, the senior vice president owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. This represents a 11.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 19,893 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $132.84, for a total transaction 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 $9,171,007.92. This trade represents a 22.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 44,466 shares of company stock valued at $6,186,624. 0.53% of the stock is currently owned by corporate insiders.

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.