Delta Global Management LP Invests $1.17 Million in Entegris, Inc. $ENTG

Delta Global Management LP purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG) during the first quarter, HoldingsChannel.com reports. The institutional investor purchased 9,994 shares of the semiconductor company’s stock, valued at approximately $1,172,000.

A number of other large investors have also made changes to their positions in ENTG. Steph & Co. purchased a new stake in Entegris during the fourth quarter worth about $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Entegris in the fourth quarter valued at about $29,000. Millstone Evans Group LLC increased its holdings in Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 176 shares in the last quarter. Johnson Financial Group Inc. lifted its position 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 during the period. Finally, First Horizon Corp lifted its position in shares of Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 178 shares during the period.

Insider Activity

In other Entegris news, SVP Susan G. Rice sold 19,893 shares of Entegris stock in a transaction dated Friday, May 15th. The stock was 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 owned 69,038 shares in the company, valued at $9,171,007.92. The trade was a 22.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Joseph Colella sold 6,326 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $140.17, for a total transaction of $886,715.42. Following the transaction, the senior vice president directly owned 50,121 shares of the company’s stock, valued at approximately $7,025,460.57. This represents a 11.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 44,466 shares of company stock valued at $6,186,624 in the last three months. Company insiders own 0.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ENTG shares. Needham & Company LLC raised their price objective on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft boosted their target price on Entegris from $145.00 to $155.00 and gave the stock a “hold” rating in a research report on Monday, July 6th. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Citigroup restated a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $164.22.

Entegris Price Performance

Entegris stock opened at $129.15 on Monday. The stock has a market capitalization of $19.70 billion, a P/E ratio of 74.65, a P/E/G ratio of 1.50 and a beta of 1.31. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. The firm’s 50-day moving average is $145.81 and its two-hundred day moving average is $133.10.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share 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 for the quarter, compared to analyst estimates of $808.72 million. During the same quarter in the prior year, the company posted $0.67 EPS. 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. Equities analysts predict that Entegris, Inc. will post 3.65 earnings per share for the current year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date is Wednesday, July 29th. Entegris’s dividend payout ratio is presently 23.12%.

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.