Entegris, Inc. $ENTG Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC trimmed its stake in Entegris, Inc. (NASDAQ:ENTGFree Report) by 59.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 51,970 shares of the semiconductor company’s stock after selling 76,369 shares during the period. Hsbc Holdings PLC’s holdings in Entegris were worth $6,075,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position 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 raised its position in Entegris by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after purchasing an additional 127 shares during the period. Resona Asset Management Co. Ltd. raised its position in Entegris by 0.3% in the first quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock valued at $5,199,000 after purchasing an additional 128 shares during the period. TD Private Client Wealth LLC lifted its stake in Entegris by 13.3% during the fourth 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 in the last quarter. Finally, CIBC Asset Management Inc boosted its position in shares of Entegris by 2.1% during the fourth quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock worth $564,000 after buying an additional 140 shares during the period.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Oppenheimer reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. BMO Capital Markets raised their price objective on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Mizuho lifted their price objective on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Wall Street Zen upgraded shares of Entegris from a “buy” rating to a “strong-buy” rating in a report on Sunday, July 12th. Finally, Needham & Company LLC raised their price target on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Entegris has a consensus rating of “Moderate Buy” and an average target price of $164.22.

View Our Latest Stock Analysis on Entegris

Entegris Price Performance

ENTG stock opened at $135.30 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. The firm has a market capitalization of $20.63 billion, a P/E ratio of 78.21, a P/E/G ratio of 1.60 and a beta of 1.31. The business’s 50-day moving average is $145.89 and its two-hundred day moving average is $132.85. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94.

Entegris (NASDAQ:ENTGGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The business had revenue of $811.90 million during the quarter, compared to analysts’ expectations of $808.72 million. During the same quarter last year, the business posted $0.67 EPS. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Analysts anticipate that Entegris, Inc. will post 3.65 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors 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 dividend on an annualized basis and a yield of 0.3%. Entegris’s payout ratio is currently 23.12%.

Insider Buying and Selling

In other news, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $140.17, for a total value of $886,715.42. Following the sale, the senior vice president directly owned 50,121 shares in the company, valued at approximately $7,025,460.57. This trade represents a 11.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Susan G. Rice sold 19,893 shares of Entegris stock in a transaction on Friday, May 15th. The stock was sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the sale, the senior vice president directly owned 69,038 shares of the company’s stock, valued at approximately $9,171,007.92. This trade represents a 22.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 44,466 shares of company stock valued at $6,186,624 over the last ninety days. 0.53% of the stock is currently owned by corporate insiders.

Entegris Profile

(Free Report)

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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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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