Wellington Management Group LLP Cuts Stock Position in Entegris, Inc. $ENTG

Wellington Management Group LLP cut its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 39.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 309,848 shares of the semiconductor company’s stock after selling 201,515 shares during the quarter. Wellington Management Group LLP owned 0.20% of Entegris worth $55,729,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ENTG. Legal & General Group Plc lifted its position in Entegris by 2.6% in the fourth quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock valued at $41,661,000 after purchasing an additional 12,348 shares during the period. Norges Bank acquired a new position in Entegris during the 4th quarter worth approximately $158,669,000. Natixis Advisors LLC raised its stake in shares of Entegris by 15.0% during the 4th quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock worth $35,449,000 after buying an additional 54,973 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of Entegris by 122.0% during the 4th quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock worth $38,408,000 after buying an additional 250,574 shares in the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Entegris in the 4th quarter valued at approximately $1,395,000.

Insider Transactions at Entegris

In related news, SVP Susan G. Rice sold 2,062 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the transaction, the senior vice president directly owned 66,976 shares in the company, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 completion of the sale, the insider directly owned 34,997 shares in the company, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their ownership of the stock. 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 7,978 shares of company stock worth $1,273,734 over the last quarter. 0.53% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. UBS Group increased their price target on shares of Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Needham & Company LLC raised their price objective on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $152.00 to $200.00 in a report on Wednesday, August 12th. Two research 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. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $170.89.

Entegris Stock Performance

Entegris stock opened at $130.70 on Friday. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The company has a market capitalization of $19.93 billion, a price-to-earnings ratio of 65.68, a PEG ratio of 1.21 and a beta of 1.37. The stock has a fifty day moving average of $141.95 and a two-hundred day moving average of $137.99. 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 posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. The firm had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, analysts anticipate 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. Shareholders of record on Wednesday, July 29th were issued a $0.10 dividend. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s payout ratio is 20.10%.

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.