Entegris, Inc. $ENTG Stock Holdings Increased by ICICI Prudential Asset Management Co Ltd

ICICI Prudential Asset Management Co Ltd boosted its position in Entegris, Inc. (NASDAQ:ENTG) by 12.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 45,523 shares of the semiconductor company’s stock after buying an additional 5,023 shares during the period. ICICI Prudential Asset Management Co Ltd’s holdings in Entegris were worth $3,835,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameriflex Group Inc. bought a new stake in Entegris in the third quarter valued at about $25,000. Steph & Co. bought a new stake in Entegris in the fourth quarter valued at about $25,000. SBI Securities Co. Ltd. increased 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 buying an additional 206 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Entegris in the fourth quarter valued at about $29,000. Finally, Sound Income Strategies LLC increased its holdings in Entegris by 407.0% in the fourth quarter. Sound Income Strategies LLC now owns 507 shares of the semiconductor company’s stock valued at $43,000 after buying an additional 407 shares during the last quarter.

Entegris Stock Up 12.4%

NASDAQ:ENTG opened at $144.92 on Friday. The firm has a market capitalization of $22.10 billion, a PE ratio of 83.77, a price-to-earnings-growth ratio of 1.60 and a beta of 1.37. The stock has a 50 day moving average of $137.97 and a 200-day moving average of $118.43. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $159.15. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91.

Entegris (NASDAQ:ENTG) last posted its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. The company had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The business’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Analysts predict that Entegris, Inc. will post 3.6 EPS for the current year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s payout ratio is currently 23.12%.

Wall Street Analysts Forecast Growth

ENTG has been the subject of several research analyst reports. Citigroup reissued a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Oppenheimer reaffirmed an “outperform” rating and set a $160.00 target price on shares of Entegris in a report on Friday, May 1st. UBS Group upped their target price on Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a report on Friday, May 1st. Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Finally, Zacks Research lowered Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $154.33.

Insider Buying and Selling at Entegris

In other news, SVP Susan G. Rice sold 19,893 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the senior vice president directly owned 69,038 shares in the company, valued at approximately $9,171,007.92. The trade was a 22.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Clinton M. Haris sold 6,848 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the transaction, the senior vice president owned 54,961 shares of the company’s stock, valued at approximately $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. In the last 90 days, insiders sold 107,867 shares of company stock valued at $15,215,629. 0.53% of the stock is currently owned by insiders.

Entegris 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.