Maridea Wealth Management LLC acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 11,505 shares of the semiconductor company’s stock, valued at approximately $2,069,000.
Several other institutional investors have also recently made changes to their positions in the company. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Entegris by 0.3% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock valued at $2,645,000 after purchasing an additional 100 shares in the last quarter. Parvin Asset Management LLC boosted its holdings in Entegris by 19.2% during the first quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after purchasing an additional 120 shares during the last quarter. Lido Advisors LLC grew its position in Entegris by 1.5% in the 1st quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock worth $1,002,000 after purchasing an additional 125 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its position in Entegris by 0.4% in 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 purchasing an additional 127 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. increased its stake in Entegris by 0.3% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock valued at $5,199,000 after buying an additional 128 shares during the last quarter.
Analyst Upgrades and Downgrades
Several equities analysts have commented on ENTG shares. Citigroup reissued a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft upgraded Entegris from a “hold” rating to a “buy” rating and lifted their price target for the stock from $152.00 to $200.00 in a report on Wednesday. Zacks Research raised Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Mizuho upped their price objective on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $160.00 target price on shares of Entegris in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Entegris currently has a consensus rating of “Buy” and an average price target of $170.89.
Insider Buying and Selling at Entegris
In related news, SVP Joseph Colella sold 3,916 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the transaction, the senior vice president directly owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. This trade represents a 7.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the completion of the transaction, the director owned 18,277 shares of the company’s stock, valued at $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 16,395 shares of company stock worth $2,486,814. 0.53% of the stock is currently owned by company insiders.
Entegris Stock Down 1.3%
ENTG stock opened at $161.76 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The company has a market capitalization of $24.67 billion, a price-to-earnings ratio of 81.29, a PEG ratio of 1.49 and a beta of 1.35. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The stock has a fifty day moving average of $146.89 and a 200-day moving average of $136.04.
Entegris (NASDAQ:ENTG – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same quarter last year, the firm posted $0.66 EPS. The firm’s revenue for the quarter 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, equities research analysts predict that Entegris, Inc. will post 3.91 earnings per share for the current year.
Entegris Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. Entegris’s dividend payout ratio (DPR) is presently 20.10%.
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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