Dorsey & Whitney Trust CO LLC lowered its stake in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) by 10.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,097 shares of the semiconductor company’s stock after selling 5,354 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Entegris were worth $4,052,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Ameriflex Group Inc. acquired a new stake in shares of Entegris in the 3rd quarter worth about $25,000. SBI Securities Co. Ltd. raised its holdings in shares of Entegris by 260.8% in the 3rd quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 206 shares during the last quarter. Steph & Co. acquired a new stake in shares of Entegris in the 4th quarter worth about $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Entegris in the 4th quarter worth about $29,000. Finally, Sound Income Strategies LLC raised its holdings in shares of Entegris by 407.0% in the 4th quarter. Sound Income Strategies LLC now owns 507 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 407 shares during the last quarter.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on ENTG. Needham & Company LLC upped their target price on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. The Goldman Sachs Group restated a “sell” rating and issued a $115.00 target price on shares of Entegris in a report on Friday, May 1st. BMO Capital Markets restated an “outperform” rating and issued a $148.00 target price on shares of Entegris in a report on Wednesday, February 11th. Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Finally, UBS Group increased their target price on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $154.33.
Insider Buying and Selling
In related news, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $140.17, for a total value of $886,715.42. Following the completion of the transaction, the senior vice president directly owned 50,121 shares of the company’s stock, valued at approximately $7,025,460.57. This trade represents a 11.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total transaction of $512,472.71. Following the completion of the transaction, the director directly owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 107,867 shares of company stock worth $15,215,629 in the last 90 days. 0.53% of the stock is currently owned by company insiders.
Entegris Stock Down 4.1%
Entegris stock opened at $128.88 on Thursday. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $159.15. The firm has a 50 day moving average price of $137.41 and a 200-day moving average price of $117.93. The company has a market capitalization of $19.65 billion, a P/E ratio of 74.50, a P/E/G ratio of 1.67 and a beta of 1.37. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91.
Entegris (NASDAQ:ENTG – Get Free Report) last released 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 firm had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, equities analysts predict that Entegris, Inc. will post 3.6 EPS for the current year.
Entegris Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s dividend payout ratio (DPR) is 23.12%.
About Entegris
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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