London Co. of Virginia Cuts Stake in Entegris, Inc. $ENTG

London Co. of Virginia lowered its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 10.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,169,391 shares of the semiconductor company’s stock after selling 366,745 shares during the quarter. Entegris accounts for 1.5% of London Co. of Virginia’s investment portfolio, making the stock its 25th largest holding. London Co. of Virginia’s holdings in Entegris were worth $267,022,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of Entegris by 0.3% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock worth $2,645,000 after purchasing an additional 100 shares during the period. Northwestern Mutual Investment Management Company LLC grew its stake in shares of Entegris by 0.4% during 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 during the period. TD Private Client Wealth LLC grew its stake in shares of Entegris by 13.3% during the 4th quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock worth $97,000 after purchasing an additional 135 shares during the period. CIBC Asset Management Inc grew its stake in shares of Entegris by 2.1% during the 4th quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock worth $564,000 after purchasing an additional 140 shares during the period. Finally, National Bank of Canada FI grew its stake in shares of Entegris by 7.5% during the 3rd quarter. National Bank of Canada FI now owns 2,154 shares of the semiconductor company’s stock worth $199,000 after purchasing an additional 151 shares during the period.

Insider Activity at Entegris

In other Entegris news, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the sale, the director directly owned 18,277 shares of the company’s stock, valued at $2,624,394.43. This trade represents a 16.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.04, for a total transaction of $280,080.00. Following the sale, the senior vice president directly owned 34,897 shares in the company, valued at $4,886,975.88. This represents a 5.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 107,867 shares of company stock worth $15,215,629 over the last three months. Company insiders own 0.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ENTG. Needham & Company LLC upped their price target on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Oppenheimer reissued an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group reissued a “sell” rating and issued a $115.00 price objective on shares of Entegris in a research note on Friday, May 1st. Finally, Citigroup reissued a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Entegris currently has an average rating of “Moderate Buy” and an average price target of $154.33.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $151.61 on Wednesday. The stock has a market cap of $23.12 billion, a price-to-earnings ratio of 87.64, a PEG ratio of 2.03 and a beta of 1.37. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $168.00. The company’s 50-day moving average price is $140.24 and its 200 day moving average price is $120.14. 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 data on Thursday, April 30th. The semiconductor company reported $0.86 EPS 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 firm had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. During the same period in the prior year, the company earned $0.67 EPS. The firm’s revenue was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, research analysts forecast that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.

Entegris Dividend Announcement

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

Entegris Company 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.