1,883,309 Shares in Entegris, Inc. $ENTG Acquired by Norges Bank

Norges Bank purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 1,883,309 shares of the semiconductor company’s stock, valued at approximately $158,669,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of Entegris by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock worth $2,858,000 after acquiring an additional 127 shares during the last quarter. TD Private Client Wealth LLC increased its holdings in Entegris by 13.3% during the 4th quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock worth $97,000 after purchasing an additional 135 shares during the period. National Bank of Canada FI increased its holdings in Entegris by 7.5% during the 3rd quarter. National Bank of Canada FI now owns 2,154 shares of the semiconductor company’s stock worth $199,000 after purchasing an additional 151 shares during the period. Allworth Financial LP increased its holdings in Entegris by 31.6% during the 3rd quarter. Allworth Financial LP now owns 637 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 153 shares during the period. Finally, Argent Trust Co increased its holdings in Entegris by 2.7% during the 3rd quarter. Argent Trust Co now owns 7,000 shares of the semiconductor company’s stock worth $647,000 after purchasing an additional 184 shares during the period.

Insider Activity

In related news, SVP Olivier Blachier sold 2,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.04, for a total transaction of $280,080.00. Following the transaction, the senior vice president directly owned 34,897 shares in the company, valued at $4,886,975.88. The trade was a 5.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Joseph Colella sold 6,326 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.17, for a total value of $886,715.42. Following the transaction, the senior vice president owned 50,121 shares in the company, valued at approximately $7,025,460.57. This trade represents a 11.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 104,298 shares of company stock worth $14,703,157 over the last quarter. Company insiders own 0.53% of the company’s stock.

Entegris Trading Down 1.8%

Shares of NASDAQ:ENTG opened at $140.33 on Thursday. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $159.15. The business’s fifty day simple moving average is $135.84 and its 200-day simple moving average is $115.87. The company has a market capitalization of $21.40 billion, a PE ratio of 81.12, a P/E/G ratio of 1.78 and a beta of 1.37. 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 announced its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The business had revenue of $811.90 million for the quarter, compared to the consensus estimate of $808.72 million. During the same period last year, the business posted $0.67 EPS. The business’s revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, equities research analysts predict that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.

Entegris Announces Dividend

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

Analyst Ratings Changes

Several research analysts have commented on ENTG shares. Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Weiss Ratings upgraded Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Mizuho raised their price objective on Entegris from $175.00 to $180.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Finally, BMO Capital Markets restated an “outperform” rating and set a $148.00 price objective on shares of Entegris in a report on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and a consensus target price of $154.33.

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.