Elevation Point Wealth Partners LLC Takes Position in Entegris, Inc. $ENTG

Elevation Point Wealth Partners LLC bought a new stake in Entegris, Inc. (NASDAQ:ENTG) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,827 shares of the semiconductor company’s stock, valued at approximately $566,000.

Several other hedge funds also recently bought and sold shares of the company. Ameriflex Group Inc. bought a new stake in shares of Entegris in the 3rd quarter valued at approximately $25,000. Steph & Co. bought a new position in Entegris during the fourth quarter valued at approximately $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Entegris in the fourth quarter valued at approximately $29,000. Johnson Financial Group Inc. lifted its stake in Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 236 shares during the last quarter. Finally, Sound Income Strategies LLC grew its position in Entegris by 407.0% in the fourth quarter. Sound Income Strategies LLC now owns 507 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 407 shares in the last quarter.

Insider Transactions at Entegris

In other news, SVP Joseph Colella sold 6,326 shares of Entegris stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $140.17, for a total value of $886,715.42. Following the completion of the transaction, the senior vice president owned 50,121 shares in the company, valued at approximately $7,025,460.57. The trade was a 11.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Bertrand Loy sold 44,138 shares of Entegris stock in a transaction 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 completion of the transaction, the insider owned 227,527 shares of the company’s stock, valued at approximately $32,857,174.07. The trade was a 16.25% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 106,000 shares of company stock valued at $14,999,860. 0.53% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ENTG has been the topic of several analyst reports. Zacks Research downgraded shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Oppenheimer reaffirmed an “outperform” rating and issued a $160.00 price target on shares of Entegris in a research report on Friday, May 1st. UBS Group upped their price target on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Finally, The Goldman Sachs Group reissued a “sell” rating and issued a $115.00 price objective on shares of Entegris in a research note on Friday, May 1st. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $164.22.

Entegris Stock Down 6.9%

Shares of ENTG opened at $135.16 on Wednesday. The company has a 50-day simple moving average of $148.03 and a 200-day simple moving average of $128.35. The firm has a market capitalization of $20.61 billion, a P/E ratio of 78.13, a P/E/G ratio of 1.79 and a beta of 1.31. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94.

Entegris (NASDAQ:ENTG) last issued its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS 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 business had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. During the same period in the prior year, the company posted $0.67 earnings per share. Entegris’s revenue 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, equities research analysts expect that Entegris, Inc. will post 3.63 earnings per share for the current year.

Entegris Dividend Announcement

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

About Entegris

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.