Ceredex Value Advisors LLC Purchases Shares of 147,150 Entegris, Inc. $ENTG

Ceredex Value Advisors LLC purchased a new stake in Entegris, Inc. (NASDAQ:ENTG) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 147,150 shares of the semiconductor company’s stock, valued at approximately $26,466,000.

Several other large investors also recently made changes to their positions in ENTG. Millstone Evans Group LLC lifted its position in Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 176 shares in the last quarter. First Horizon Corp increased its holdings in Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 178 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Entegris in the 4th quarter valued at about $29,000. Elevated Capital Advisors LLC bought a new stake in shares of Entegris in the first quarter valued at about $44,000. Finally, Johnson Financial Group Inc. lifted its holdings in shares of Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 236 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ENTG. BMO Capital Markets increased their price objective on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Needham & Company LLC boosted their target price on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. UBS Group upped their price target on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Oppenheimer reaffirmed an “outperform” rating and set a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Finally, Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $170.89.

Entegris Price Performance

NASDAQ:ENTG opened at $144.63 on Friday. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. The company has a market cap of $22.06 billion, a P/E ratio of 72.68, a P/E/G ratio of 1.33 and a beta of 1.35. 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’s 50-day simple moving average is $148.12 and its 200 day simple moving average is $137.04.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The firm had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business’s revenue was up 11.5% compared to the same quarter last year. During the same period last year, the company earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, sell-side analysts forecast that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is currently 20.10%.

Insiders Place Their Bets

In other news, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the transaction, the senior vice president owned 50,297 shares of the company’s stock, valued at $8,272,850.56. This trade represents a 7.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Clinton M. Haris sold 6,848 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the transaction, the senior vice president owned 54,961 shares in the company, valued at $8,201,830.03. This represents a 11.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 18,395 shares of company stock valued at $2,808,134 in the last ninety days. 0.53% of the stock is currently owned by insiders.

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.