Union Bancaire Privee UBP SA acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) during the first quarter, Holdings Channel reports. The fund acquired 57,215 shares of the semiconductor company’s stock, valued at approximately $6,708,000.
Other large investors have also recently modified their holdings 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 acquiring an additional 13,544 shares during the last quarter. Squarepoint Ops LLC grew its position in Entegris by 66.3% during 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 grew its position in Entegris by 1.6% during 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. increased its stake 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 purchasing an additional 7,292 shares during the period. Finally, Diversify Advisory Services LLC purchased a new position in Entegris in the 2nd quarter worth approximately $241,000.
Insider Activity
In other Entegris news, SVP Clinton M. Haris sold 6,848 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were 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 in the company, valued at $8,201,830.03. This trade represents a 11.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 19,893 shares of Entegris stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $132.84, for a total value of $2,642,586.12. Following the sale, the senior vice president directly owned 69,038 shares in the company, valued at approximately $9,171,007.92. The trade was a 22.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 107,867 shares of company stock worth $15,215,629. 0.53% of the stock is owned by company 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 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 company had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. During the same quarter in the prior year, the company earned $0.67 earnings per share. 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, equities research analysts anticipate that Entegris, Inc. will post 3.6 earnings per share for the current year.
Entegris Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio (DPR) is currently 23.12%.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on the company. Oppenheimer reiterated an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a research report on Friday, May 1st. Mizuho lifted their target price on shares of Entegris from $175.00 to $180.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Needham & Company LLC upped their price target on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Finally, The Goldman Sachs Group reissued a “sell” rating and set a $115.00 price target on shares of Entegris in a research report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $154.33.
View Our Latest Analysis on ENTG
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.
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