Clifford Swan Investment Counsel LLC Sells 6,095 Shares of Entegris, Inc. $ENTG

Clifford Swan Investment Counsel LLC trimmed its holdings in Entegris, Inc. (NASDAQ:ENTG) by 3.1% during the first quarter, Holdings Channel reports. The firm owned 191,212 shares of the semiconductor company’s stock after selling 6,095 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in Entegris were worth $22,418,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Principal Financial Group Inc. grew its stake in Entegris by 1.2% during the first quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock worth $689,990,000 after purchasing an additional 68,152 shares during the period. State Street Corp lifted its stake in Entegris by 1.2% in the fourth quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock valued at $434,071,000 after buying an additional 61,549 shares during the period. Durable Capital Partners LP lifted its stake in Entegris by 23.2% in the third quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock valued at $348,115,000 after buying an additional 709,121 shares during the period. Invesco Ltd. lifted its stake in Entegris by 13.4% in the fourth quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock valued at $302,682,000 after buying an additional 424,812 shares during the period. Finally, UBS Group AG boosted its holdings in shares of Entegris by 19.7% during the 3rd quarter. UBS Group AG now owns 3,405,183 shares of the semiconductor company’s stock worth $314,843,000 after buying an additional 559,435 shares in the last quarter.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $138.74 on Friday. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The stock’s 50 day moving average is $146.53 and its 200-day moving average is $131.11. The firm has a market capitalization of $21.16 billion, a price-to-earnings ratio of 80.20, a PEG ratio of 1.57 and a beta of 1.31.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.11. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The business had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. During the same quarter last year, the firm posted $0.67 EPS. Entegris’s revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Sell-side analysts forecast that Entegris, Inc. will post 3.65 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Wednesday, July 29th. Entegris’s dividend payout ratio is currently 23.12%.

Insider Buying and Selling

In other Entegris news, Director James P. Lederer sold 3,569 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total transaction of $512,472.71. Following the completion of the sale, the director directly owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Clinton M. Haris sold 6,848 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the completion of the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. This trade represents a 11.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,466 shares of company stock worth $6,186,624 over the last ninety days. Insiders own 0.53% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on ENTG. Wall Street Zen raised shares of Entegris from a “buy” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Zacks Research downgraded shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Mizuho increased their target price on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Citigroup restated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Entegris from $145.00 to $155.00 and gave the company a “hold” rating in a research note on Monday, July 6th. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $164.22.

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.