First Eagle Investment Management LLC lifted its holdings in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) by 91.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 10,543 shares of the semiconductor company’s stock after buying an additional 5,043 shares during the quarter. First Eagle Investment Management LLC’s holdings in Entegris were worth $888,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in ENTG. Capital Research Global Investors acquired a new stake in shares of Entegris during the third quarter worth about $644,841,000. Van ECK Associates Corp boosted its stake in shares of Entegris by 1,721.7% during the third quarter. Van ECK Associates Corp now owns 2,173,165 shares of the semiconductor company’s stock worth $200,931,000 after buying an additional 2,053,869 shares during the period. Invesco Ltd. boosted its stake in shares of Entegris by 183.5% during the third quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock worth $292,900,000 after buying an additional 2,050,473 shares during the period. Duquesne Family Office LLC acquired a new stake in shares of Entegris during the second quarter worth about $132,741,000. Finally, Rafferty Asset Management LLC boosted its stake in shares of Entegris by 64.4% during the second quarter. Rafferty Asset Management LLC now owns 1,970,734 shares of the semiconductor company’s stock worth $158,940,000 after buying an additional 771,650 shares during the period.
Insider Activity at Entegris
In other Entegris news, CFO Linda Lagorga sold 11,438 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $135.00, for a total value of $1,544,130.00. Following the completion of the transaction, the chief financial officer directly owned 33,810 shares of the company’s stock, valued at approximately $4,564,350. This trade represents a 25.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Bertrand Loy sold 59,516 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $138.95, for a total transaction of $8,269,748.20. Following the completion of the transaction, the insider directly owned 268,089 shares of the company’s stock, valued at approximately $37,250,966.55. This trade represents a 18.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 187,921 shares of company stock valued at $26,184,183. 0.53% of the stock is currently owned by corporate insiders.
Entegris Trading Down 4.0%
Entegris (NASDAQ:ENTG – Get Free Report) last issued its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (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 company had revenue of $811.90 million during the quarter, compared to analysts’ expectations of $808.72 million. During the same period last year, the company posted $0.67 earnings per share. The firm’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. On average, research analysts anticipate that Entegris, Inc. will post 3.59 EPS for the current fiscal year.
Entegris Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s dividend payout ratio (DPR) is 23.12%.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on ENTG shares. Mizuho set a $175.00 target price on shares of Entegris in a research note on Friday, May 1st. Wall Street Zen upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Weiss Ratings upgraded shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Needham & Company LLC increased their price target on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, UBS Group increased their price target on shares of Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a 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 MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $153.78.
Get Our Latest Analysis on Entegris
About Entegris
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.
Featured Stories
- Five stocks we like better than Entegris
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
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.
