Entegris, Inc. $ENTG Shares Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lifted its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 18.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 203,558 shares of the semiconductor company’s stock after purchasing an additional 31,558 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Entegris were worth $23,865,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Ameriflex Group Inc. acquired a new stake in Entegris in the third quarter worth approximately $25,000. Steph & Co. acquired a new position in shares of Entegris during the 4th quarter valued at about $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Entegris in the fourth quarter worth $29,000. Johnson Financial Group Inc. grew its stake in shares of Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 236 shares during the last quarter. Finally, Sound Income Strategies LLC grew 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 in the last quarter.

Entegris Stock Performance

Shares of NASDAQ:ENTG opened at $161.43 on Friday. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. The stock has a market capitalization of $24.62 billion, a price-to-earnings ratio of 93.31, a price-to-earnings-growth ratio of 2.19 and a beta of 1.37. The company’s 50 day simple moving average is $146.86 and its 200 day simple moving average is $124.92.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $808.72 million. During the same period last year, the company earned $0.67 earnings per share. The firm’s 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. As a group, research analysts predict that Entegris, Inc. will post 3.6 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were paid a dividend of $0.10 per share. 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 currently 23.12%.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Clinton M. Haris sold 6,848 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the completion of the sale, the senior vice president owned 54,961 shares in the company, valued at approximately $8,201,830.03. The trade was a 11.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bertrand Loy sold 44,138 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $144.41, for a total value of $6,373,968.58. Following the completion of the sale, the insider directly owned 227,527 shares in the company, valued at $32,857,174.07. The trade was a 16.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 107,867 shares of company stock valued at $15,215,629 over the last 90 days. Insiders own 0.53% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. UBS Group lifted their target price on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Oppenheimer restated an “outperform” rating and issued a $160.00 price target on shares of Entegris in a research report on Friday, May 1st. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 price target on shares of Entegris in a research report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Entegris presently has an average rating of “Moderate Buy” and an average target price of $154.33.

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.