First Trust Advisors LP lifted its holdings in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 502.2% during the first quarter, HoldingsChannel.com reports. The firm owned 315,089 shares of the semiconductor company’s stock after purchasing an additional 262,765 shares during the period. First Trust Advisors LP’s holdings in Entegris were worth $36,941,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Steph & Co. bought a new position in Entegris in the fourth quarter valued at $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Entegris during the 4th quarter worth about $29,000. Millstone Evans Group LLC boosted its stake in shares of Entegris by 191.3% during the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after buying an additional 176 shares during the last quarter. Johnson Financial Group Inc. boosted its stake in shares of 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 buying an additional 236 shares during the last quarter. Finally, First Horizon Corp grew its holdings in shares of Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 178 shares in the last quarter.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the company. Needham & Company LLC upped their target price on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Mizuho raised their price target on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. The Goldman Sachs Group restated a “sell” rating and issued a $115.00 price target on shares of Entegris in a research note on Friday, May 1st. Oppenheimer reaffirmed an “outperform” rating and set a $160.00 price target on shares of Entegris in a research report on Friday, May 1st. Finally, Citigroup reiterated a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $164.22.
Entegris Stock Down 2.2%
ENTG opened at $126.37 on Tuesday. The stock’s fifty day simple moving average is $145.79 and its 200 day simple moving average is $133.29. Entegris, Inc. has a 1-year low of $67.97 and a 1-year high of $186.94. The stock has a market cap of $19.27 billion, a PE ratio of 73.05, a price-to-earnings-growth ratio of 1.50 and a beta of 1.31. 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 – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $808.72 million. During the same period in the previous year, the business posted $0.67 earnings per share. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, research analysts expect that Entegris, Inc. will post 3.65 earnings per share for the current year.
Entegris Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s payout ratio is presently 23.12%.
Insider Buying and Selling at Entegris
In other Entegris news, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $140.17, for a total transaction of $886,715.42. Following the completion of the sale, the senior vice president directly owned 50,121 shares in the company, valued at $7,025,460.57. This trade represents a 11.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Clinton M. Haris sold 6,848 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the sale, the senior vice president owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. This represents a 11.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,466 shares of company stock worth $6,186,624 in the last ninety days. Insiders own 0.53% of the company’s stock.
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.
See Also
- Five stocks we like better than Entegris
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. (NASDAQ:ENTG – Free Report).
Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.
