Entegris, Inc. $ENTG Stock: Park Avenue Securities LLC Trims Stake

Park Avenue Securities LLC trimmed its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 14.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,454 shares of the semiconductor company’s stock after selling 3,940 shares during the quarter. Park Avenue Securities LLC’s holdings in Entegris were worth $3,459,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Evergreen Capital Management LLC lifted its stake in shares of Entegris by 1.5% in the 3rd quarter. Evergreen Capital Management LLC now owns 5,372 shares of the semiconductor company’s stock valued at $828,000 after purchasing an additional 79 shares during the last quarter. Ancora Advisors LLC boosted its holdings in shares of Entegris by 85.1% in the 2nd quarter. Ancora Advisors LLC now owns 174 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 80 shares during the period. SBI Securities Co. Ltd. boosted its holdings in shares of Entegris by 51.1% in the 3rd quarter. SBI Securities Co. Ltd. now owns 278 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 94 shares during the period. Fortitude Family Office LLC increased its position in shares of Entegris by 25.9% during the 3rd quarter. Fortitude Family Office LLC now owns 511 shares of the semiconductor company’s stock valued at $79,000 after purchasing an additional 105 shares during the last quarter. Finally, Parvin Asset Management LLC increased its position in shares of Entegris by 19.2% during the 1st quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock valued at $87,000 after purchasing an additional 120 shares during the last quarter.

Wall Street Analysts Forecast Growth

ENTG has been the topic of several recent research reports. Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Citigroup lifted their price objective on shares of Entegris from $195.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday. Zacks Research cut shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 7th. The Goldman Sachs Group boosted their price objective on shares of Entegris from $120.00 to $135.00 and gave the company a “sell” rating in a research report on Friday. Finally, Stifel Nicolaus started coverage on shares of Entegris in a research note on Wednesday, October 7th. They issued a “buy” rating and a $200.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $187.17.

Trending Headlines about Entegris

Here are the key news stories impacting Entegris this week:

• Positive Sentiment: Q3 results exceeded expectations. Entegris reported $1.23 in adjusted EPS versus the $1.03 consensus estimate, while revenue reached approximately $1.01 billion—up 24.6% year over year and well above expectations of roughly $925 million. The company also reported improved gross and operating margins. Entegris Q3 earnings report
• Positive Sentiment: Management issued constructive fourth-quarter guidance. Entegris projected sales of $1.025 billion to $1.055 billion and GAAP EPS of $1.09 to $1.17, supporting expectations for continued semiconductor-related demand. The company also generated $266.8 million in operating cash flow and paid down $200 million of debt. Entegris reports record Q3 revenue
• Positive Sentiment: Several analysts raised their targets. UBS lifted its target to $220 and reaffirmed Buy, while Barclays raised its target to $224 with an Overweight rating. Truist increased its target to $199 and maintained Buy, and Needham raised its target to $185. UBS raises Entegris price target
• Neutral Sentiment: Analyst views remain split. Goldman Sachs raised its target to $135 but retained a Sell rating, implying the recent rally may have outpaced fundamentals. The wide range of targets highlights uncertainty over Entegris’ growth and margin outlook.
• Negative Sentiment: Valuation may be limiting upside. With a reported price-to-earnings ratio near 78, investors may be demanding sustained earnings growth. Reports of insider selling, without corresponding purchases over the past six months, could also weigh on sentiment.

Insider Transactions at Entegris

In other news, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the sale, the insider directly owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan Rice sold 2,062 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the transaction, the senior vice president owned 66,976 shares in the company, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is currently owned by insiders.

Entegris Stock Down 3.5%

Shares of NASDAQ:ENTG opened at $154.39 on Friday. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The business has a 50 day simple moving average of $146.32 and a two-hundred day simple moving average of $137.85. The firm has a market capitalization of $23.54 billion, a PE ratio of 60.31, a price-to-earnings-growth ratio of 1.47 and a beta of 1.40. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.66 and a quick ratio of 1.85.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Thursday, October 29th. The semiconductor company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.20. Entegris had a return on equity of 13.86% and a net margin of 11.14%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $925.35 million. During the same period in the prior year, the business posted $0.72 earnings per share. The company’s revenue for the quarter was up 24.6% on a year-over-year basis. On average, equities analysts predict that Entegris, Inc. will post 3.93 EPS for the current year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, October 28th. Entegris’s dividend payout ratio (DPR) is 20.10%.

About Entegris

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.