Torray Investment Partners LLC Trims Stake in Entegris, Inc. $ENTG

Torray Investment Partners LLC cut its position in Entegris, Inc. (NASDAQ:ENTG) by 21.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,941 shares of the semiconductor company’s stock after selling 4,843 shares during the quarter. Torray Investment Partners LLC’s holdings in Entegris were worth $2,103,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ENTG. Millstone Evans Group LLC increased its position in Entegris by 191.3% during 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. Steph & Co. purchased a new stake in Entegris in the fourth quarter valued at approximately $25,000. First Horizon Corp boosted its holdings in shares of Entegris by 147.1% in the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 178 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Entegris during the fourth quarter worth approximately $29,000. Finally, Elevated Capital Advisors LLC acquired a new position in shares of Entegris in the 1st quarter valued at $44,000.

Entegris Stock Performance

Shares of NASDAQ ENTG traded down $0.75 during mid-day trading on Friday, hitting $145.35. 1,442,159 shares of the company were exchanged, compared to its average volume of 3,574,700. The stock has a 50 day simple moving average of $147.62 and a 200-day simple moving average of $129.28. Entegris, Inc. has a 1-year low of $67.97 and a 1-year high of $186.94. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. The firm has a market cap of $22.17 billion, a price-to-earnings ratio of 84.02, a price-to-earnings-growth ratio of 1.71 and a beta of 1.31.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.11. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The company had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. During the same period in the previous year, the company posted $0.67 EPS. Entegris’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. On average, sell-side analysts forecast that Entegris, Inc. will post 3.63 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were 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 was Wednesday, April 29th. Entegris’s payout ratio is 23.12%.

Insider Activity

In other Entegris news, insider Bertrand Loy sold 44,138 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $144.41, for a total transaction of $6,373,968.58. Following the transaction, the insider owned 227,527 shares in the company, valued at approximately $32,857,174.07. The trade was a 16.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 3,569 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the transaction, the director owned 18,277 shares in the company, valued at $2,624,394.43. The trade was a 16.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 106,000 shares of company stock valued at $14,999,860 over the last ninety days. 0.53% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ENTG. Zacks Research cut shares of Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Needham & Company LLC lifted their price objective on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. The Goldman Sachs Group reiterated a “sell” rating and set a $115.00 target price on shares of Entegris in a research note on Friday, May 1st. UBS Group raised their price target on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Finally, Weiss Ratings upgraded Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Seven investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Entegris currently has an average rating of “Moderate Buy” and a consensus target price of $164.22.

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.