Entegris, Inc. $ENTG Stock Bought by Inspire Investing LLC

Inspire Investing LLC lifted its holdings in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) by 82.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 45,191 shares of the semiconductor company’s stock after purchasing an additional 20,391 shares during the period. Inspire Investing LLC’s holdings in Entegris were worth $6,962,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in ENTG. BlackRock Inc. bought a new stake in Entegris in the second quarter worth $3,683,556,000. Principal Financial Group Inc. grew its stake in shares of Entegris by 1.2% during the first quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock valued at $689,990,000 after buying an additional 68,152 shares during the last quarter. Primecap Management Co. CA bought a new position in shares of Entegris during the second quarter valued at about $562,141,000. Bank of America Corp DE bought a new position in shares of Entegris during the second quarter valued at about $489,403,000. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Entegris in the second quarter worth about $486,101,000.

Insider Transactions at Entegris

In other news, SVP Susan Rice sold 2,062 shares of Entegris stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the sale, the senior vice president owned 66,976 shares of the company’s stock, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the sale, the insider directly owned 34,997 shares in the company, valued at $5,622,618.02. The trade was a 5.41% decrease in their position. 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 ninety days, insiders sold 7,978 shares of company stock valued at $1,273,734. Company insiders own 0.53% of the company’s stock.

Entegris Price Performance

ENTG opened at $134.52 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The stock has a market capitalization of $20.51 billion, a PE ratio of 67.60, a price-to-earnings-growth ratio of 1.18 and a beta of 1.40. The stock’s 50 day moving average price is $145.86 and its 200-day moving average price is $144.36. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94.

Entegris (NASDAQ:ENTG – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. The company had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%. The firm’s revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities research analysts predict that Entegris, Inc. will post 3.93 EPS for the current year.

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, October 28th. Entegris’s dividend payout ratio (DPR) is currently 20.10%.

Wall Street Analysts Forecast Growth

ENTG has been the subject of a number of recent research reports. Truist Financial assumed coverage on Entegris in a research note on Wednesday, October 14th. They issued a “buy” rating and a $190.00 target price for the company. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Barclays assumed coverage on Entegris in a research report on Monday, October 12th. They set an “overweight” rating and a $212.00 price target on the stock. Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Entegris has a consensus rating of “Buy” and a consensus target price of $181.67.

Check Out Our Latest Stock Analysis on ENTG

Entegris Profile

(Free Report)

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.

Recommended Stories

Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. (NASDAQ:ENTG – Free Report).

Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.