160,000 Entegris, Inc. $ENTG Shares Sold by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. lessened its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 88.9% in the third quarter, Holdings Channel.com reports. The firm owned 20,000 shares of the semiconductor company’s stock after selling 160,000 shares during the period. Schwartz Investment Counsel Inc.’s holdings in Entegris were worth $3,081,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in Entegris in the 2nd quarter valued at $3,683,556,000. Primecap Management Co. CA bought a new stake in Entegris during the 2nd quarter worth about $562,141,000. Bank of America Corp DE bought a new stake in Entegris during the 2nd quarter worth about $489,403,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Entegris during the 2nd quarter worth about $486,101,000. Finally, Bank of New York Mellon Corp acquired a new position in Entegris during the second quarter valued at approximately $248,869,000.

Insider Buying and Selling

In other Entegris news, SVP Susan Rice sold 2,062 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the transaction, the senior vice president directly owned 66,976 shares in the company, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was 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 approximately $8,272,850.56. This represents a 7.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 7,978 shares of company stock worth $1,273,734 in the last ninety days. Company insiders own 0.53% of the company’s stock.

Analysts Set New Price Targets

ENTG has been the subject of a number of recent analyst reports. Zacks Research cut shares of Entegris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 7th. Mizuho boosted their price target on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Barclays started coverage on Entegris in a report on Monday, October 12th. They set an “overweight” rating and a $212.00 target price for the company. Freedom Capital raised shares of Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Finally, UBS Group increased their target price 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. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Entegris currently has an average rating of “Buy” and a consensus target price of $181.67.

Entegris Stock Up 7.0%

Shares of Entegris stock opened at $150.10 on Wednesday. The firm’s 50 day moving average is $145.63 and its 200 day moving average is $137.00. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.11. The company had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. During the same quarter last year, the company posted $0.66 earnings per share. The firm’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, analysts predict that Entegris, Inc. will post 3.93 earnings per share for the current year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, October 28th.

About Entegris

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.