BI Asset Management Fondsmaeglerselskab A S boosted its stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 95.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,866 shares of the semiconductor company’s stock after buying an additional 3,832 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Entegris were worth $922,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Montanaro Asset Management Ltd raised its stake in shares of Entegris by 115.4% in the 4th quarter. Montanaro Asset Management Ltd now owns 104,700 shares of the semiconductor company’s stock valued at $8,821,000 after acquiring an additional 56,100 shares during the period. Corient Private Wealth LLC boosted its position in shares of Entegris by 101.9% during the 4th quarter. Corient Private Wealth LLC now owns 9,253 shares of the semiconductor company’s stock worth $783,000 after purchasing an additional 4,671 shares during the period. Hsbc Holdings PLC increased its holdings in Entegris by 138.9% in the 4th quarter. Hsbc Holdings PLC now owns 128,339 shares of the semiconductor company’s stock valued at $10,834,000 after purchasing an additional 74,623 shares during the last quarter. Invesco Ltd. increased its holdings in Entegris by 13.4% in the 4th quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock valued at $302,682,000 after purchasing an additional 424,812 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in Entegris by 79.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,560 shares of the semiconductor company’s stock valued at $637,000 after purchasing an additional 3,346 shares during the period.
Insider Transactions at Entegris
In related news, SVP Susan G. Rice sold 19,893 shares of Entegris stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $132.84, for a total value of $2,642,586.12. Following the completion of the transaction, the senior vice president owned 69,038 shares in the company, valued at $9,171,007.92. The trade was a 22.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Joseph Colella sold 6,326 shares of the 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 approximately $7,025,460.57. This represents a 11.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 107,867 shares of company stock valued at $15,215,629 over the last quarter. Insiders own 0.53% of the company’s stock.
Entegris Trading Up 1.3%
Entegris (NASDAQ:ENTG – Get Free Report) last issued its quarterly earnings results 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. The company had revenue of $811.90 million for the quarter, compared to the consensus estimate of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.Entegris’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Sell-side analysts anticipate 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 issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 annualized dividend and a yield of 0.2%. Entegris’s dividend payout ratio (DPR) is 23.12%.
Analysts Set New Price Targets
ENTG has been the subject of a number of research reports. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Zacks Research lowered Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Oppenheimer restated an “outperform” rating and set a $160.00 target price on shares of Entegris in a report on Friday, May 1st. Mizuho lifted their target price on Entegris from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Finally, Needham & Company LLC boosted their price target on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Entegris has a consensus rating of “Moderate Buy” and a consensus target price of $154.33.
Get Our Latest Research Report on Entegris
Entegris Company 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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