GW&K Investment Management LLC Sells 20,883 Shares of Entegris, Inc. $ENTG

GW&K Investment Management LLC decreased its position in Entegris, Inc. (NASDAQ:ENTG) by 2.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 747,869 shares of the semiconductor company’s stock after selling 20,883 shares during the quarter. GW&K Investment Management LLC’s holdings in Entegris were worth $63,008,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in Entegris by 0.3% in the 4th 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 during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its position in Entegris by 0.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock worth $2,858,000 after buying an additional 127 shares during the last quarter. TD Private Client Wealth LLC lifted its position in Entegris by 13.3% in the 4th quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock worth $97,000 after buying an additional 135 shares during the last quarter. CIBC Asset Management Inc lifted its position in Entegris by 2.1% in the 4th quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock worth $564,000 after buying an additional 140 shares during the last quarter. Finally, National Bank of Canada FI lifted its position in Entegris by 7.5% in the 3rd quarter. National Bank of Canada FI now owns 2,154 shares of the semiconductor company’s stock worth $199,000 after buying an additional 151 shares during the last quarter.

Entegris Price Performance

Shares of Entegris stock opened at $134.35 on Wednesday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. The business’s 50 day simple moving average is $137.01 and its two-hundred day simple moving average is $117.51. The stock has a market capitalization of $20.49 billion, a P/E ratio of 77.66, a price-to-earnings-growth ratio of 1.65 and a beta of 1.37. Entegris, Inc. has a one year low of $67.97 and a one year high of $159.15.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, topping 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 business had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. During the same period in the previous year, the firm earned $0.67 EPS. The business’s quarterly revenue was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Analysts forecast that Entegris, Inc. will post 3.6 EPS for the current year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s payout ratio is 23.12%.

Insider Activity

In other news, SVP Susan G. Rice sold 19,893 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the transaction, the senior vice president directly owned 69,038 shares of the company’s stock, valued at approximately $9,171,007.92. The trade was a 22.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James P. Lederer sold 3,569 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the transaction, the director directly owned 18,277 shares in the company, valued at $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 107,867 shares of company stock valued at $15,215,629. 0.53% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ENTG has been the subject of a number of recent research reports. UBS Group boosted their target price on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Needham & Company LLC boosted their target price on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $148.00 price target on shares of Entegris in a research note on Wednesday, February 11th. KeyCorp lifted their price target on Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Seven investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $154.33.

Entegris 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.