Rakuten Investment Management Inc. purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 38,336 shares of the semiconductor company’s stock, valued at approximately $3,545,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Entegris by 16.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,234 shares of the semiconductor company’s stock worth $627,000 after buying an additional 1,046 shares in the last quarter. AdvisorNet Financial Inc increased its position in shares of Entegris by 3,869.8% during the second quarter. AdvisorNet Financial Inc now owns 5,002 shares of the semiconductor company’s stock worth $403,000 after acquiring an additional 4,876 shares during the period. Fifth Third Bancorp raised its stake in shares of Entegris by 57.6% in the second quarter. Fifth Third Bancorp now owns 21,338 shares of the semiconductor company’s stock valued at $1,721,000 after acquiring an additional 7,800 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Entegris by 0.6% in the second quarter. Public Employees Retirement System of Ohio now owns 47,437 shares of the semiconductor company’s stock valued at $3,826,000 after acquiring an additional 300 shares in the last quarter. Finally, Avior Wealth Management LLC purchased a new position in Entegris in the second quarter valued at $286,000.
Wall Street Analysts Forecast Growth
ENTG has been the topic of several recent research reports. Needham & Company LLC restated a “strong-buy” rating on shares of Entegris in a report on Tuesday. Zacks Research raised shares of Entegris from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, December 29th. Wall Street Zen raised shares of Entegris from a “sell” rating to a “hold” rating in a research report on Friday, October 3rd. Finally, BMO Capital Markets lifted their price objective on shares of Entegris from $105.00 to $126.00 and gave the stock an “outperform” rating in a research report on Wednesday. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $105.63.
Entegris Stock Performance
Shares of Entegris stock opened at $118.52 on Friday. The company has a quick ratio of 2.13, a current ratio of 3.44 and a debt-to-equity ratio of 0.99. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $122.44. The firm’s 50 day moving average is $89.88 and its two-hundred day moving average is $87.99. The firm has a market capitalization of $17.97 billion, a P/E ratio of 62.71 and a beta of 1.31.
Entegris (NASDAQ:ENTG – Get Free Report) last issued its earnings results on Thursday, October 30th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.72. Entegris had a net margin of 8.95% and a return on equity of 11.61%. The business had revenue of $807.10 million during the quarter, compared to analysts’ expectations of $804.63 million. During the same quarter in the prior year, the business posted $0.77 EPS. The company’s revenue for the quarter was down .1% on a year-over-year basis. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. Research analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.
Entegris Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, January 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s payout ratio is 21.16%.
Insiders Place Their Bets
In other Entegris news, Director James P. Lederer sold 2,008 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $92.84, for a total value of $186,422.72. Following the completion of the sale, the director owned 20,434 shares in the company, valued at approximately $1,897,092.56. The trade was a 8.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Clinton M. Haris sold 5,830 shares of the stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $120.00, for a total value of $699,600.00. Following the completion of the sale, the senior vice president directly owned 37,743 shares of the company’s stock, valued at $4,529,160. The trade was a 13.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 69,473 shares of company stock worth $5,666,033. Corporate insiders own 0.67% of the company’s stock.
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.
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