JPMorgan Chase & Co. Sells 542,888 Shares of Entegris, Inc. $ENTG

JPMorgan Chase & Co. reduced its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 47.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 609,758 shares of the semiconductor company’s stock after selling 542,888 shares during the period. JPMorgan Chase & Co. owned about 0.40% of Entegris worth $56,378,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Entegris by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 16,017,716 shares of the semiconductor company’s stock valued at $1,480,998,000 after acquiring an additional 443,518 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of Entegris by 5.8% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,457,925 shares of the semiconductor company’s stock valued at $689,560,000 after purchasing an additional 412,121 shares during the last quarter. Capital Research Global Investors bought a new stake in shares of Entegris in the third quarter worth $644,841,000. Principal Financial Group Inc. increased its stake in Entegris by 10.1% in the 3rd quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock valued at $543,325,000 after buying an additional 540,755 shares during the last quarter. Finally, State Street Corp lifted its position in Entegris by 1.2% during the 3rd quarter. State Street Corp now owns 5,090,627 shares of the semiconductor company’s stock worth $470,679,000 after buying an additional 62,619 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ENTG. Zacks Research upgraded Entegris from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. The Goldman Sachs Group boosted their price target on Entegris from $75.00 to $95.00 and gave the stock a “sell” rating in a research report on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. Citigroup raised their target price on shares of Entegris from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Finally, BMO Capital Markets restated an “outperform” rating and set a $148.00 target price on shares of Entegris in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $133.78.

Entegris Price Performance

NASDAQ:ENTG opened at $115.86 on Friday. The company has a quick ratio of 2.04, a current ratio of 3.35 and a debt-to-equity ratio of 0.94. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $142.50. The stock’s 50 day moving average price is $121.00 and its two-hundred day moving average price is $99.13. The firm has a market capitalization of $17.61 billion, a price-to-earnings ratio of 75.23, a P/E/G ratio of 2.17 and a beta of 1.30.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. Entegris had a return on equity of 10.87% and a net margin of 7.37%.The business had revenue of $823.90 million for the quarter, compared to analysts’ expectations of $811.04 million. During the same quarter in the prior year, the business earned $0.84 EPS. The firm’s revenue for the quarter was down 3.0% on a year-over-year basis. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. On average, analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th were given a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, January 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio is presently 25.97%.

Insider Activity at Entegris

In related news, SVP Olivier Blachier sold 1,664 shares of Entegris stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $131.49, for a total transaction of $218,799.36. Following the completion of the sale, the senior vice president owned 29,497 shares of the company’s stock, valued at approximately $3,878,560.53. The trade was a 5.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Linda Lagorga sold 11,438 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $135.00, for a total transaction of $1,544,130.00. Following the completion of the transaction, the chief financial officer owned 33,810 shares in the company, valued at approximately $4,564,350. This trade represents a 25.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 226,074 shares of company stock worth $29,640,758 in the last quarter. 0.67% of the stock is owned by corporate insiders.

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.