Fiera Capital Corp lifted its stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 32.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 869,080 shares of the semiconductor company’s stock after purchasing an additional 213,114 shares during the quarter. Fiera Capital Corp’s holdings in Entegris were worth $73,220,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the stock. California Public Employees Retirement System raised its holdings in Entegris by 7.5% in the 2nd quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock worth $15,573,000 after acquiring an additional 13,544 shares during the last quarter. Squarepoint Ops LLC raised its holdings in Entegris by 66.3% in the 2nd quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock worth $3,680,000 after acquiring an additional 18,195 shares during the last quarter. Treasurer of the State of North Carolina raised its holdings in 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 worth $5,647,000 after acquiring an additional 1,114 shares during the last quarter. Alliancebernstein L.P. raised its holdings in Entegris by 3.8% in the 2nd quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock worth $16,196,000 after acquiring an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new position in Entegris in the 2nd quarter worth approximately $241,000.
Insider Buying and Selling at Entegris
In other Entegris news, SVP Olivier Blachier sold 2,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $140.04, for a total transaction of $280,080.00. Following the completion of the sale, the senior vice president directly owned 34,897 shares in the company, valued at approximately $4,886,975.88. The trade was a 5.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Clinton M. Haris sold 6,848 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the sale, the senior vice president owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. This represents a 11.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 107,867 shares of company stock worth $15,215,629. 0.53% of the stock is owned by corporate insiders.
Entegris Price Performance
Entegris (NASDAQ:ENTG – Get Free Report) last announced its earnings results 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. The business had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, equities analysts anticipate that Entegris, Inc. will post 3.6 EPS for the current year.
Entegris Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were paid a dividend of $0.10 per share. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s payout ratio is currently 23.12%.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on ENTG. The Goldman Sachs Group restated a “sell” rating and issued a $115.00 price objective on shares of Entegris in a report on Friday, May 1st. Weiss Ratings upgraded shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Needham & Company LLC boosted their price objective on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Oppenheimer restated an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a report on Friday, May 1st. Finally, Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $154.33.
View Our Latest Stock Analysis on Entegris
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.
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