Paradigm Capital Management Inc. NY Sells 10,000 Shares of Entegris, Inc. $ENTG

Paradigm Capital Management Inc. NY lowered its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 1.9% in the first quarter, Holdings Channel reports. The firm owned 523,700 shares of the semiconductor company’s stock after selling 10,000 shares during the period. Entegris comprises about 2.3% of Paradigm Capital Management Inc. NY’s holdings, making the stock its 13th biggest position. Paradigm Capital Management Inc. NY’s holdings in Entegris were worth $61,399,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. SG Americas Securities LLC boosted its holdings in shares of Entegris by 616.5% during the 4th quarter. SG Americas Securities LLC now owns 146,230 shares of the semiconductor company’s stock worth $12,320,000 after buying an additional 125,822 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Entegris by 20.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,196 shares of the semiconductor company’s stock worth $17,035,000 after purchasing an additional 34,894 shares during the period. Perpetual Ltd increased its stake in Entegris by 2.7% during the fourth quarter. Perpetual Ltd now owns 418,090 shares of the semiconductor company’s stock valued at $35,224,000 after acquiring an additional 10,889 shares during the period. Legal & General Group Plc raised its stake in shares of Entegris by 2.6% in the 4th quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock valued at $41,661,000 after buying an additional 12,348 shares in the last quarter. Finally, Norges Bank acquired a new position in Entegris in the fourth quarter worth about $158,669,000.

Insider Transactions at Entegris

In other Entegris news, SVP Susan G. Rice sold 19,893 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the transaction, the senior vice president owned 69,038 shares in the company, valued at approximately $9,171,007.92. This trade represents a 22.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James P. Lederer sold 3,569 shares of the stock in a transaction 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 sale, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 44,466 shares of company stock valued at $6,186,624. Corporate insiders own 0.53% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on ENTG shares. Needham & Company LLC upped their price objective on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $115.00 price target on shares of Entegris in a research note on Friday, May 1st. BMO Capital Markets upped their price target on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. UBS Group increased their price objective on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Citigroup reissued a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $164.22.

Entegris Stock Performance

ENTG stock opened at $129.15 on Friday. The company has a 50 day moving average price of $145.81 and a 200 day moving average price of $132.82. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. 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 stock has a market capitalization of $19.70 billion, a PE ratio of 74.65, a price-to-earnings-growth ratio of 1.58 and a beta of 1.31.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.11. The business had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Analysts forecast that Entegris, Inc. will post 3.65 EPS for the current year.

Entegris Announces Dividend

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