Entegris, Inc. $ENTG Shares Sold by RDST Capital LLC

RDST Capital LLC trimmed its position in Entegris, Inc. (NASDAQ:ENTGFree Report) by 67.7% during the first quarter, Holdings Channel.com reports. The firm owned 357,125 shares of the semiconductor company’s stock after selling 748,500 shares during the period. Entegris accounts for about 4.0% of RDST Capital LLC’s holdings, making the stock its 15th largest holding. RDST Capital LLC’s holdings in Entegris were worth $41,869,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Steph & Co. purchased a new stake in shares of Entegris during the fourth quarter worth about $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Entegris during the fourth quarter valued at approximately $29,000. Millstone Evans Group LLC lifted its stake in shares of Entegris by 191.3% during the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 176 shares during the period. Johnson Financial Group Inc. boosted its position in Entegris by 147.5% during the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 236 shares during the last quarter. Finally, First Horizon Corp boosted its position in Entegris by 147.1% during the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 178 shares during the last quarter.

Insider Buying and Selling

In other news, Director James P. Lederer sold 3,569 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the completion of the sale, the director owned 18,277 shares of the company’s stock, valued at $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Susan G. Rice sold 19,893 shares of Entegris stock in a transaction on Friday, May 15th. The shares were sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the transaction, the senior vice president owned 69,038 shares in the company, valued at $9,171,007.92. The trade was a 22.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 44,466 shares of company stock valued at $6,186,624. 0.53% of the stock is owned by corporate insiders.

Entegris Stock Performance

NASDAQ ENTG opened at $118.16 on Wednesday. The firm has a market capitalization of $18.02 billion, a P/E ratio of 68.30, a P/E/G ratio of 1.47 and a beta of 1.31. Entegris, Inc. has a 1-year low of $67.97 and a 1-year high of $186.94. 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 business’s 50-day simple moving average is $145.67 and its 200-day simple moving average is $133.43.

Entegris (NASDAQ:ENTGGet Free Report) last issued its 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 business had revenue of $811.90 million during the quarter, compared to analysts’ expectations of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Equities analysts predict that Entegris, Inc. will post 3.65 EPS for the current year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date is Wednesday, July 29th. Entegris’s payout ratio is currently 23.12%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ENTG. Deutsche Bank Aktiengesellschaft boosted their price target on Entegris from $145.00 to $155.00 and gave the company a “hold” rating in a report on Monday, July 6th. Wall Street Zen upgraded Entegris from a “buy” rating to a “strong-buy” rating in a report on Sunday, July 12th. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Mizuho upped their target price on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Finally, Oppenheimer reiterated an “outperform” rating and set a $160.00 target price on shares of Entegris in a research report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $164.22.

Check Out Our Latest Research Report on ENTG

About Entegris

(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.

See Also

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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