Entegris, Inc. $ENTG Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 95.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,866 shares of the semiconductor company’s stock after purchasing an additional 3,832 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Entegris were worth $922,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. purchased a new stake in shares of Entegris during the 3rd quarter worth approximately $25,000. Steph & Co. purchased a new position in shares of Entegris in the 4th quarter valued at $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Entegris in the 4th quarter valued at $29,000. Johnson Financial Group Inc. raised its stake in Entegris by 147.5% during the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 236 shares in the last quarter. Finally, Sound Income Strategies LLC raised its stake in Entegris by 407.0% during the 4th quarter. Sound Income Strategies LLC now owns 507 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 407 shares in the last quarter.

Insider Buying and Selling

In related news, SVP Clinton M. Haris sold 6,848 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the completion of the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. This trade represents a 11.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction 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 in the company, valued at approximately $2,624,394.43. This trade 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 107,867 shares of company stock worth $15,215,629. 0.53% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on ENTG shares. Mizuho upped their price objective on shares of Entegris from $175.00 to $180.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Oppenheimer reissued an “outperform” rating and issued a $160.00 target price on shares of Entegris in a report on Friday, May 1st. Citigroup reissued a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 price target on shares of Entegris in a research report on Friday, May 1st. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $154.33.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $170.46 on Thursday. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94. The stock has a market capitalization of $26.00 billion, a price-to-earnings ratio of 98.53, a PEG ratio of 2.09 and a beta of 1.37. The company has a 50-day simple moving average of $145.59 and a 200-day simple moving average of $124.05. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The firm had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The business’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, analysts predict that Entegris, Inc. will post 3.6 EPS for the current year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, April 29th. Entegris’s dividend payout ratio (DPR) is 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.