BNP Paribas Financial Markets Grows Stake in Entegris, Inc. $ENTG

BNP Paribas Financial Markets grew its holdings in Entegris, Inc. (NASDAQ:ENTGFree Report) by 122.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 455,882 shares of the semiconductor company’s stock after acquiring an additional 250,574 shares during the period. BNP Paribas Financial Markets’ holdings in Entegris were worth $38,408,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. California Public Employees Retirement System lifted its stake in shares of 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 purchasing an additional 13,544 shares during the period. Squarepoint Ops LLC lifted its stake in shares of Entegris by 66.3% in the 2nd 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 during the period. Treasurer of the State of North Carolina lifted its stake in shares of Entegris by 1.6% in 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. lifted its stake in shares of Entegris by 3.8% in 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 position in shares of Entegris in the 2nd quarter valued at approximately $241,000.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Weiss Ratings upgraded Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group restated a “sell” rating and issued a $115.00 target price on shares of Entegris in a research note on Friday, May 1st. Needham & Company LLC raised their target price on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. KeyCorp raised their target price on Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Finally, Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.33.

Get Our Latest Report on Entegris

Insider Activity at Entegris

In related news, SVP Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $140.04, for a total transaction of $280,080.00. Following the completion of the transaction, the senior vice president owned 34,897 shares of the company’s stock, valued at $4,886,975.88. This trade represents a 5.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Bertrand Loy sold 44,138 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $144.41, for a total value of $6,373,968.58. Following the transaction, the insider directly owned 227,527 shares of the company’s stock, valued at approximately $32,857,174.07. This trade represents a 16.25% 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 104,298 shares of company stock worth $14,703,157 over the last quarter. 0.53% of the stock is currently owned by company insiders.

Entegris Stock Down 1.8%

ENTG stock opened at $140.33 on Thursday. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $159.15. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. The firm has a market cap of $21.40 billion, a PE ratio of 81.12, a price-to-earnings-growth ratio of 1.78 and a beta of 1.37. The business has a 50 day moving average of $135.84 and a 200 day moving average of $115.87.

Entegris (NASDAQ:ENTGGet Free Report) last posted 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 company had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. During the same quarter last year, the company earned $0.67 EPS. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, research analysts forecast that Entegris, Inc. will post 3.6 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio (DPR) is 23.12%.

Entegris Profile

(Free Report)

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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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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