Wilson Asset Management International PTY Ltd. bought a new stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) in the fourth quarter, HoldingsChannel reports. The fund bought 32,422 shares of the semiconductor company’s stock, valued at approximately $2,732,000.
Other institutional investors have also recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new stake in Entegris in the third quarter valued at approximately $25,000. ORG Wealth Partners LLC grew its holdings in Entegris by 862.1% in the third quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 250 shares during the period. SBI Securities Co. Ltd. grew its holdings in Entegris by 260.8% in the third quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 206 shares during the period. Steph & Co. purchased a new stake in Entegris in the fourth quarter valued at approximately $25,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Entegris in the fourth quarter valued at approximately $29,000.
Insider Buying and Selling at Entegris
In other news, insider Bertrand Loy sold 59,516 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $138.95, for a total transaction of $8,269,748.20. Following the transaction, the insider directly owned 268,089 shares of the company’s stock, valued at approximately $37,250,966.55. The trade was a 18.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Linda Lagorga sold 11,438 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $135.00, for a total transaction of $1,544,130.00. Following the transaction, the chief financial officer directly owned 33,810 shares in the company, valued at approximately $4,564,350. The trade was a 25.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 218,395 shares of company stock valued at $30,165,611. 0.53% of the stock is owned by company insiders.
Entegris Trading Up 7.4%
Entegris (NASDAQ:ENTG – Get Free Report) last announced its quarterly 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 firm had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. Entegris’s revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, analysts anticipate that Entegris, Inc. will post 3.59 EPS for the current year.
Entegris Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, April 29th. Entegris’s payout ratio is presently 23.12%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on ENTG shares. Needham & Company LLC boosted their target price on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Mizuho set a $175.00 price target on shares of Entegris in a research report on Friday. Oppenheimer reaffirmed an “outperform” rating and set a $160.00 price target on shares of Entegris in a research report on Friday. The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 price target on shares of Entegris in a research report on Friday. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $148.00 price target on shares of Entegris in a research report on Wednesday, February 11th. 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 company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $153.78.
Get Our Latest Research Report 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.
See Also
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