Gradient Investments LLC Sells 3,357 Shares of Entegris, Inc. $ENTG

Gradient Investments LLC lessened its stake in Entegris, Inc. (NASDAQ:ENTG) by 24.1% in the second quarter, HoldingsChannel reports. The fund owned 10,584 shares of the semiconductor company’s stock after selling 3,357 shares during the period. Gradient Investments LLC’s holdings in Entegris were worth $1,904,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ENTG. Steph & Co. purchased a new position in Entegris in the 4th quarter worth approximately $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Entegris in the fourth quarter worth approximately $29,000. Millstone Evans Group LLC increased its stake in shares of Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after buying an additional 176 shares during the period. Johnson Financial Group Inc. increased its stake 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 worth $33,000 after buying an additional 236 shares during the period. Finally, First Horizon Corp raised its holdings in Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 178 shares during the last quarter.

Entegris Stock Performance

Shares of ENTG opened at $152.08 on Monday. The company has a 50-day simple moving average of $144.96 and a two-hundred day simple moving average of $134.80. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. The firm has a market capitalization of $23.19 billion, a PE ratio of 76.42, a price-to-earnings-growth ratio of 1.41 and a beta of 1.35. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94.

Entegris (NASDAQ:ENTG) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $835.79 million. During the same quarter in the prior year, the business earned $0.66 EPS. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s dividend payout ratio is 20.10%.

Insider Buying and Selling at Entegris

In related news, SVP Clinton M. Haris sold 6,848 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total value of $1,021,927.04. Following the completion of the transaction, the senior vice president directly owned 54,961 shares in the company, valued at $8,201,830.03. This trade represents a 11.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Olivier Blachier sold 2,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.04, for a total transaction of $280,080.00. Following the completion of the sale, the senior vice president owned 34,897 shares in the company, valued at approximately $4,886,975.88. This trade represents a 5.42% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 44,466 shares of company stock valued at $6,186,624. Company insiders own 0.53% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on ENTG shares. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. BMO Capital Markets boosted their price objective 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. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft set a $152.00 target price on Entegris in a research note on Wednesday. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 price target on shares of Entegris in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Entegris has a consensus rating of “Moderate Buy” and a consensus target price of $165.56.

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.