California Public Employees Retirement System Increases Holdings in Entegris, Inc. $ENTG

California Public Employees Retirement System grew its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 21.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 255,615 shares of the semiconductor company’s stock after acquiring an additional 44,533 shares during the quarter. California Public Employees Retirement System’s holdings in Entegris were worth $29,968,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Dream Peak Capital Ltd purchased a new stake in Entegris during the fourth quarter valued at $27,025,000. SG Americas Securities LLC boosted its position in Entegris by 616.5% in the fourth quarter. SG Americas Securities LLC now owns 146,230 shares of the semiconductor company’s stock worth $12,320,000 after purchasing an additional 125,822 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in Entegris by 20.9% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,196 shares of the semiconductor company’s stock worth $17,035,000 after purchasing an additional 34,894 shares during the last quarter. Perpetual Ltd grew its stake in shares of Entegris by 2.7% during the 4th quarter. Perpetual Ltd now owns 418,090 shares of the semiconductor company’s stock valued at $35,224,000 after purchasing an additional 10,889 shares during the period. Finally, Norges Bank bought a new stake in shares of Entegris during the 4th quarter valued at about $158,669,000.

Insider Buying and Selling at Entegris

In other news, SVP Susan G. Rice sold 19,893 shares of the stock in a transaction 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 sale, the senior vice president directly owned 69,038 shares of the company’s stock, valued at $9,171,007.92. This represents a 22.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Clinton M. Haris sold 6,848 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the sale, the senior vice president owned 54,961 shares in the company, valued at $8,201,830.03. The trade was a 11.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 44,466 shares of company stock valued at $6,186,624. 0.53% of the stock is currently owned by company insiders.

Entegris Stock Performance

Shares of ENTG opened at $140.17 on Wednesday. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. The business has a 50-day simple moving average of $146.12 and a two-hundred day simple moving average of $132.15. The stock has a market cap of $21.38 billion, a price-to-earnings ratio of 81.02, a PEG ratio of 1.56 and a beta of 1.31. 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 data on Thursday, April 30th. The semiconductor company reported $0.86 EPS 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 firm had revenue of $811.90 million for the quarter, compared to the consensus estimate of $808.72 million. During the same quarter last year, the company earned $0.67 earnings per share. The business’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, analysts expect that Entegris, Inc. will post 3.65 EPS for the current year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s dividend payout ratio (DPR) is presently 23.12%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ENTG shares. UBS Group increased their price objective on shares of Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Citigroup restated a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. BMO Capital Markets increased their price target on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Finally, Needham & Company LLC lifted 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 given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Entegris presently has an average rating of “Moderate Buy” and an average price target of $164.22.

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.