Elevation Point Wealth Partners LLC Purchases Shares of 4,827 Entegris, Inc. $ENTG

Elevation Point Wealth Partners LLC acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,827 shares of the semiconductor company’s stock, valued at approximately $566,000.

Other large investors have also modified their holdings of the company. Ameriflex Group Inc. purchased a new position in Entegris in the third quarter valued at approximately $25,000. Steph & Co. purchased a new position in shares of Entegris in the 4th quarter valued at $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Entegris in the 4th quarter valued at $29,000. Johnson Financial Group Inc. lifted its holdings in shares of Entegris by 147.5% during the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 236 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its position in 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 period.

Entegris Trading Down 6.9%

NASDAQ:ENTG opened at $135.16 on Wednesday. The company has a market cap of $20.61 billion, a PE ratio of 78.13, a P/E/G ratio of 1.79 and a beta of 1.31. The business’s 50 day moving average is $148.03 and its two-hundred day moving average is $128.35. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94.

Entegris (NASDAQ:ENTG) last posted 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. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The business had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. During the same period in the previous year, the business posted $0.67 EPS. The company’s quarterly revenue was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, analysts predict that Entegris, Inc. will post 3.63 EPS for the current year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were issued 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 23.12%.

Insider Activity at Entegris

In other 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 transaction, the senior vice president owned 69,038 shares of the company’s stock, valued at $9,171,007.92. The trade was a 22.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total transaction of $512,472.71. Following the completion of the transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 106,000 shares of company stock valued at $14,999,860. 0.53% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Mizuho raised their price objective on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Citigroup reiterated a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Finally, Oppenheimer restated an “outperform” rating and issued a $160.00 price target on shares of Entegris in a report on Friday, May 1st. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Entegris currently has a consensus rating of “Moderate Buy” and an average target price of $164.22.

About Entegris

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.