Entegris, Inc. $ENTG Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP reduced its position in Entegris, Inc. (NASDAQ:ENTG) by 39.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 309,848 shares of the semiconductor company’s stock after selling 201,515 shares during the quarter. Wellington Management Group LLP’s holdings in Entegris were worth $55,729,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in ENTG. BlackRock Inc. acquired a new stake in Entegris during the second quarter worth about $3,683,556,000. Principal Financial Group Inc. grew its holdings in shares of Entegris by 1.2% during the 1st quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock worth $689,990,000 after purchasing an additional 68,152 shares during the period. State Street Corp grew its holdings in shares of Entegris by 1.2% during the 4th quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock worth $434,071,000 after purchasing an additional 61,549 shares during the period. Durable Capital Partners LP increased its position in Entegris by 23.2% during the 3rd quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock worth $348,115,000 after purchasing an additional 709,121 shares in the last quarter. Finally, Invesco Ltd. increased its position in Entegris by 13.4% during the 4th quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock worth $302,682,000 after purchasing an additional 424,812 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ENTG shares. BMO Capital Markets lifted their price target on shares of 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 shares of Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and raised their target price for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Zacks Research upgraded Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $170.89.

Insider Transactions at Entegris

In related news, insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the sale, the insider owned 34,997 shares in the company, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the sale, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. This represents a 7.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 7,978 shares of company stock valued at $1,273,734. 0.53% of the stock is currently owned by corporate insiders.

Entegris Trading Down 0.5%

NASDAQ:ENTG opened at $130.70 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. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94. The business’s 50-day simple moving average is $141.95 and its 200 day simple moving average is $137.99. The stock has a market cap of $19.93 billion, a price-to-earnings ratio of 65.68, a price-to-earnings-growth ratio of 1.21 and a beta of 1.37.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data 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. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The firm had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same quarter last year, the firm earned $0.66 EPS. Entegris’s quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, sell-side analysts predict that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is presently 20.10%.

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.