Assenagon Asset Management S.A. Cuts Stake in Entegris, Inc. $ENTG

Assenagon Asset Management S.A. lessened its holdings in Entegris, Inc. (NASDAQ:ENTG) by 4.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 172,000 shares of the semiconductor company’s stock after selling 7,766 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Entegris were worth $14,491,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Entegris during the second quarter worth $25,000. Ameriflex Group Inc. purchased a new position in Entegris in the third quarter valued at $25,000. ORG Wealth Partners LLC grew its stake in Entegris by 862.1% during the 3rd quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 250 shares in the last quarter. SBI Securities Co. Ltd. grew its stake in Entegris by 260.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 206 shares in the last quarter. Finally, Quent Capital LLC purchased a new stake in Entegris during the 3rd quarter worth about $34,000.

Insiders Place Their Bets

In related news, insider Bertrand Loy sold 65,250 shares of Entegris stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $119.61, for a total transaction of $7,804,552.50. Following the sale, the insider directly owned 306,422 shares in the company, valued at $36,651,135.42. This trade represents a 17.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Linda Lagorga sold 11,438 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $135.00, for a total transaction of $1,544,130.00. Following the completion of the transaction, the chief financial officer owned 33,810 shares of the company’s stock, valued at $4,564,350. This represents a 25.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 226,074 shares of company stock worth $29,640,758. 0.67% of the stock is currently owned by company insiders.

Entegris Trading Down 6.0%

ENTG opened at $115.75 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.04 and a current ratio of 3.35. Entegris, Inc. has a one year low of $60.75 and a one year high of $142.50. The company has a market cap of $17.59 billion, a P/E ratio of 75.16, a PEG ratio of 2.31 and a beta of 1.30. The business’s 50-day simple moving average is $122.31 and its 200-day simple moving average is $100.40.

Entegris (NASDAQ:ENTG) last posted its earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.03. The firm had revenue of $823.90 million during the quarter, compared to analysts’ expectations of $811.04 million. Entegris had a return on equity of 10.87% and a net margin of 7.37%.The firm’s revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.84 earnings per share. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. As a group, equities research analysts expect that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, January 28th. Entegris’s payout ratio is currently 25.97%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft lowered shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 target price on the stock. in a research note on Tuesday, February 3rd. BMO Capital Markets reiterated an “outperform” rating and issued a $148.00 price target on shares of Entegris in a research note on Wednesday, February 11th. Needham & Company LLC reiterated a “strong-buy” rating on shares of Entegris in a report on Tuesday, January 20th. Finally, UBS Group reissued a “buy” rating and issued a $150.00 price objective on shares of Entegris in a research report on Monday, February 2nd. Six equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $133.78.

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.