Brown Advisory Inc. lowered its position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) by 11.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 863,996 shares of the semiconductor company’s stock after selling 110,559 shares during the quarter. Brown Advisory Inc.’s holdings in Entegris were worth $72,792,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of Entegris by 0.3% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock worth $2,645,000 after purchasing an additional 100 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its stake in Entegris by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after acquiring an additional 127 shares in the last quarter. TD Private Client Wealth LLC boosted its stake in Entegris by 13.3% in the fourth quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock valued at $97,000 after acquiring an additional 135 shares in the last quarter. CIBC Asset Management Inc boosted its stake in Entegris by 2.1% in the fourth quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock valued at $564,000 after acquiring an additional 140 shares in the last quarter. Finally, National Bank of Canada FI boosted its stake in Entegris by 7.5% in the third quarter. National Bank of Canada FI now owns 2,154 shares of the semiconductor company’s stock valued at $199,000 after acquiring an additional 151 shares in the last quarter.
Insider Activity
In related news, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the sale, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $140.04, for a total transaction of $280,080.00. Following the sale, the senior vice president owned 34,897 shares in the company, valued at approximately $4,886,975.88. This trade represents a 5.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 107,867 shares of company stock valued at $15,215,629 in the last 90 days. Insiders own 0.53% of the company’s stock.
Entegris Price Performance
Entegris (NASDAQ:ENTG – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. The business had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The company’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Equities analysts expect that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.
Entegris Announces Dividend
The company also recently announced 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. The ex-dividend date was 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
ENTG has been the subject of several research analyst reports. Oppenheimer restated an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. 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. The Goldman Sachs Group reissued a “sell” rating and set a $115.00 price target on shares of Entegris in a report on Friday, May 1st. Finally, Mizuho increased their price target on shares of Entegris from $175.00 to $180.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Entegris has a consensus rating of “Moderate Buy” and an average target price of $154.33.
Read Our Latest Analysis on ENTG
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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