Forty three Eighteen Advisors LLC Purchases New Shares in Entegris, Inc. $ENTG

Forty three Eighteen Advisors LLC purchased a new stake in Entegris, Inc. (NASDAQ:ENTGFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,798 shares of the semiconductor company’s stock, valued at approximately $680,000.

A number of other institutional investors have also recently made changes to their positions in ENTG. Freedom Financial Partners LLC increased its position in Entegris by 105.8% during the fourth quarter. Freedom Financial Partners LLC now owns 34,051 shares of the semiconductor company’s stock worth $2,869,000 after purchasing an additional 17,509 shares during the last quarter. Dream Peak Capital Ltd acquired a new stake in shares of Entegris during the 4th quarter worth about $27,025,000. SG Americas Securities LLC raised its holdings in Entegris by 616.5% in the 4th quarter. SG Americas Securities LLC now owns 146,230 shares of the semiconductor company’s stock valued at $12,320,000 after buying an additional 125,822 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in Entegris by 20.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,196 shares of the semiconductor company’s stock valued at $17,035,000 after buying an additional 34,894 shares during the period. Finally, Perpetual Ltd lifted its position in Entegris by 2.7% in the fourth quarter. Perpetual Ltd now owns 418,090 shares of the semiconductor company’s stock valued at $35,224,000 after buying an additional 10,889 shares during the last quarter.

Entegris Stock Up 3.1%

Shares of NASDAQ:ENTG opened at $138.74 on Friday. 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 firm has a market capitalization of $21.16 billion, a PE ratio of 80.20, a price-to-earnings-growth ratio of 1.57 and a beta of 1.31. The firm’s 50-day moving average is $146.53 and its two-hundred day moving average is $131.11. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94.

Entegris (NASDAQ:ENTGGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate 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 business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Analysts predict that Entegris, Inc. will post 3.65 EPS for the current year.

Entegris Dividend Announcement

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

Insider Buying and Selling

In other news, SVP Olivier Blachier sold 2,000 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.04, for a total transaction of $280,080.00. Following the sale, the senior vice president owned 34,897 shares of the company’s stock, valued at approximately $4,886,975.88. This represents a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Clinton M. Haris sold 6,848 shares of the stock in a transaction on 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 owned 54,961 shares in the company, valued at approximately $8,201,830.03. The trade was a 11.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 three months. 0.53% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have weighed in on ENTG shares. Needham & Company LLC increased their target price on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Wall Street Zen upgraded shares of Entegris from a “buy” rating to a “strong-buy” rating in a report on Sunday, July 12th. BMO Capital Markets boosted their target price on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Finally, Citigroup restated a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Entegris presently has a consensus rating of “Moderate Buy” and a consensus price target of $164.22.

Read Our Latest Report on Entegris

Entegris Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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