Louisiana State Employees Retirement System Makes New $5.17 Million Investment in Entegris, Inc. $ENTG

Louisiana State Employees Retirement System acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 44,100 shares of the semiconductor company’s stock, valued at approximately $5,170,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ENTG. Fifth Third Wealth Advisors LLC grew its holdings in shares of Entegris by 10.6% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 4,456 shares of the semiconductor company’s stock worth $522,000 after purchasing an additional 426 shares during the last quarter. OP Asset Management Ltd bought a new position in Entegris during the 1st quarter valued at about $1,725,000. Banque Cantonale Vaudoise acquired a new position in Entegris in the first quarter valued at about $503,000. Assenagon Asset Management S.A. boosted its position in Entegris by 18.3% in the first quarter. Assenagon Asset Management S.A. now owns 203,558 shares of the semiconductor company’s stock valued at $23,865,000 after buying an additional 31,558 shares in the last quarter. Finally, Steph & Co. grew its stake in Entegris by 167.8% during the first quarter. Steph & Co. now owns 782 shares of the semiconductor company’s stock worth $92,000 after buying an additional 490 shares during the last quarter.

Insider Buying and Selling

In other news, 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 transaction of $886,715.42. Following the completion of the sale, the senior vice president owned 50,121 shares in the company, valued at $7,025,460.57. The trade was a 11.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Susan G. Rice sold 19,893 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $132.84, for a total value of $2,642,586.12. Following the transaction, the senior vice president directly owned 69,038 shares in the company, valued at $9,171,007.92. This trade represents a 22.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 107,867 shares of company stock worth $15,215,629. 0.53% of the stock is currently owned by company insiders.

Entegris Trading Down 8.4%

Shares of NASDAQ ENTG opened at $161.43 on Friday. Entegris, Inc. has a 1-year low of $67.97 and a 1-year high of $186.94. The company has a 50-day moving average of $146.86 and a two-hundred day moving average of $124.92. The company has a market cap of $24.62 billion, a PE ratio of 93.31, a P/E/G ratio of 2.19 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 issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The business had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. During the same quarter last year, the business posted $0.67 earnings per share. Entegris’s revenue for the quarter 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 analysts expect that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio (DPR) is 23.12%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ENTG. Citigroup reaffirmed a “buy” rating on shares of Entegris in a report on Thursday, April 30th. The Goldman Sachs Group restated a “sell” rating and set a $115.00 price target on shares of Entegris in a research report on Friday, May 1st. Mizuho raised their price target on Entegris from $175.00 to $180.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Needham & Company LLC lifted their price objective on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Seven investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $154.33.

About Entegris

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.