Corient Private Wealth LP purchased a new stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 95,623 shares of the semiconductor company’s stock, valued at approximately $17,199,000. Corient Private Wealth LP owned 0.06% of Entegris at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ENTG. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in shares of Entegris by 0.3% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock worth $2,645,000 after buying an additional 100 shares in the last quarter. Parvin Asset Management LLC boosted its position in shares of Entegris by 19.2% in the first quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock valued at $87,000 after acquiring an additional 120 shares during the period. Lido Advisors LLC grew its stake in shares of Entegris by 1.5% in the first quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock valued at $1,002,000 after acquiring an additional 125 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its stake in shares of 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 in the last quarter. Finally, Resona Asset Management Co. Ltd. increased its position in Entegris by 0.3% during the first quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock worth $5,199,000 after acquiring an additional 128 shares during the period.
Insiders Place Their Bets
In related news, insider Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the sale, the insider directly owned 34,997 shares of the company’s stock, valued at $5,622,618.02. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the transaction, the senior vice president owned 50,297 shares in the company, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 11,547 shares of company stock worth $1,786,207. 0.53% of the stock is currently owned by company insiders.
Entegris Trading Down 7.2%
Entegris (NASDAQ:ENTG – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The business had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. During the same period last year, the firm posted $0.66 earnings per share. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Analysts predict that Entegris, Inc. will post 3.91 EPS for the current fiscal year.
Entegris Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were paid a $0.10 dividend. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is presently 20.10%.
Analysts Set New Price Targets
A number of analysts have issued reports on the stock. Wall Street Zen downgraded shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Needham & Company LLC raised their target price on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft raised Entegris from a “hold” rating to a “buy” rating and increased their price target for the stock from $152.00 to $200.00 in a research report on Wednesday, August 12th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Entegris has an average rating of “Buy” and an average price target of $170.89.
View Our Latest Report on Entegris
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.
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