Strs Ohio Acquires 116,001 Shares of Entegris, Inc. $ENTG

Strs Ohio lifted its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 176.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 181,569 shares of the semiconductor company’s stock after buying an additional 116,001 shares during the quarter. Strs Ohio owned about 0.12% of Entegris worth $16,788,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Congress Asset Management Co. boosted its position in shares of Entegris by 17.9% during the 3rd quarter. Congress Asset Management Co. now owns 182,906 shares of the semiconductor company’s stock worth $16,912,000 after purchasing an additional 27,813 shares in the last quarter. Citigroup Inc. raised its stake in Entegris by 37.4% during the 2nd quarter. Citigroup Inc. now owns 1,040,349 shares of the semiconductor company’s stock worth $83,904,000 after buying an additional 283,402 shares during the period. Resona Asset Management Co. Ltd. boosted its holdings in Entegris by 3.3% in the second quarter. Resona Asset Management Co. Ltd. now owns 48,999 shares of the semiconductor company’s stock worth $3,963,000 after acquiring an additional 1,567 shares in the last quarter. Gateway Investment Advisers LLC grew its stake in Entegris by 81.5% in the third quarter. Gateway Investment Advisers LLC now owns 34,266 shares of the semiconductor company’s stock valued at $3,168,000 after acquiring an additional 15,383 shares during the period. Finally, Bank of Montreal Can increased its holdings in shares of Entegris by 6.1% during the second quarter. Bank of Montreal Can now owns 147,232 shares of the semiconductor company’s stock valued at $11,874,000 after acquiring an additional 8,425 shares in the last quarter.

Insider Transactions at Entegris

In other news, SVP Clinton M. Haris sold 5,830 shares of the stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $120.00, for a total transaction of $699,600.00. Following the completion of the transaction, the senior vice president directly owned 37,743 shares of the company’s stock, valued at $4,529,160. This represents a 13.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Olivier Blachier sold 488 shares of Entegris stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $77.43, for a total transaction of $37,785.84. Following the completion of the sale, the senior vice president directly owned 14,124 shares in the company, valued at $1,093,621.32. This trade represents a 3.34% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 69,473 shares of company stock valued at $5,666,033. Corporate insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ENTG. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, December 29th. Needham & Company LLC restated a “strong-buy” rating on shares of Entegris in a report on Tuesday. KeyCorp lifted their price objective on shares of Entegris from $107.00 to $111.00 and gave the company an “overweight” rating in a report on Friday, January 9th. BMO Capital Markets upped their target price on shares of Entegris from $105.00 to $126.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Mizuho dropped their price target on shares of Entegris from $108.00 to $96.00 and set an “outperform” rating on the stock in a research report on Thursday, November 20th. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Entegris currently has a consensus rating of “Hold” and a consensus target price of $105.63.

Entegris Stock Performance

Shares of ENTG opened at $114.71 on Friday. The company has a market capitalization of $17.39 billion, a price-to-earnings ratio of 60.69 and a beta of 1.31. The company has a current ratio of 3.44, a quick ratio of 2.13 and a debt-to-equity ratio of 0.99. The stock has a 50 day moving average of $90.61 and a 200 day moving average of $88.22. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $122.43.

Entegris (NASDAQ:ENTG) last announced its earnings results on Thursday, October 30th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.72. The firm had revenue of $807.10 million during the quarter, compared to analyst estimates of $804.63 million. Entegris had a return on equity of 11.61% and a net margin of 8.95%.The business’s revenue was down .1% compared to the same quarter last year. During the same period last year, the firm posted $0.77 EPS. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. As a group, sell-side analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, January 28th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s payout ratio is currently 21.16%.

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.