Bank of New York Mellon Corp grew its holdings in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 26.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,323,392 shares of the semiconductor company’s stock after buying an additional 277,461 shares during the period. Bank of New York Mellon Corp’s holdings in Entegris were worth $111,496,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ameriflex Group Inc. acquired a new position in Entegris during the third quarter worth about $25,000. Steph & Co. acquired a new stake in Entegris in the 4th quarter valued at about $25,000. SBI Securities Co. Ltd. lifted its stake in Entegris by 260.8% in 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. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Entegris in the 4th quarter worth approximately $29,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of Entegris by 407.0% during the 4th quarter. Sound Income Strategies LLC now owns 507 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 407 shares during the last quarter.
Analysts Set New Price Targets
ENTG has been the subject of a number of analyst reports. Oppenheimer restated an “outperform” rating and issued a $160.00 price target on shares of Entegris in a research report on Friday, May 1st. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Needham & Company LLC upped their target price on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Finally, UBS Group lifted their price target on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a 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 issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $154.33.
Entegris Price Performance
ENTG stock opened at $125.41 on Monday. The firm has a market cap of $19.13 billion, a PE ratio of 72.49, a PEG ratio of 1.56 and a beta of 1.37. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21. The firm’s 50 day moving average price is $136.25 and its 200-day moving average price is $116.66. Entegris, Inc. has a one year low of $67.97 and a one year high of $159.15.
Entegris (NASDAQ:ENTG – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping 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 company had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. During the same period in the prior year, the business posted $0.67 earnings per share. The firm’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. On average, equities research analysts anticipate that Entegris, Inc. will post 3.6 EPS for the current year.
Entegris Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio (DPR) is presently 23.12%.
Insider Transactions at Entegris
In related news, Director James P. Lederer sold 3,569 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, the director directly owned 18,277 shares in the company, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Susan G. Rice sold 19,893 shares of the company’s stock in a transaction dated 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 completion of the transaction, the senior vice president directly owned 69,038 shares in the company, valued at $9,171,007.92. The trade was a 22.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 107,867 shares of company stock worth $15,215,629 in the last 90 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.
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