Allspring Global Investments Holdings LLC Makes New Investment in Entegris, Inc. $ENTG

Allspring Global Investments Holdings LLC purchased a new position in Entegris, Inc. (NASDAQ:ENTG) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 391,861 shares of the semiconductor company’s stock, valued at approximately $46,518,000.

A number of other institutional investors also recently modified their holdings of the company. Steph & Co. acquired a new stake in shares of Entegris during the 4th quarter worth approximately $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Entegris during the fourth quarter valued at about $29,000. Millstone Evans Group LLC boosted its position in shares of Entegris by 191.3% during the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 176 shares in the last quarter. Johnson Financial Group Inc. grew its stake in shares of Entegris by 147.5% in the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 236 shares during the period. Finally, First Horizon Corp raised its stake in Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after buying an additional 178 shares during the period.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Susan G. Rice sold 19,893 shares of the company’s stock in a transaction dated 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 approximately $9,171,007.92. This represents a 22.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Olivier Blachier sold 2,000 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $140.04, for a total transaction of $280,080.00. Following the completion of the sale, the senior vice president owned 34,897 shares of the company’s stock, valued at approximately $4,886,975.88. This trade represents a 5.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 44,466 shares of company stock valued at $6,186,624 in the last quarter. 0.53% of the stock is owned by company insiders.

Entegris Stock Up 3.1%

Shares of NASDAQ:ENTG opened at $138.74 on Friday. The business’s 50 day moving average is $146.53 and its 200 day moving average is $131.11. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. The stock has a market cap of $21.16 billion, a price-to-earnings ratio of 80.20, a PEG ratio of 1.62 and a beta of 1.31. 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 (NASDAQ:ENTG) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating 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 business had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. During the same period in the prior year, the firm posted $0.67 EPS. Entegris’s quarterly 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. On average, sell-side analysts forecast that Entegris, Inc. will post 3.65 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be given 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 is Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is presently 23.12%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on ENTG shares. UBS Group upped their target price on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Wall Street Zen raised shares of Entegris from a “buy” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Needham & Company LLC boosted their price target on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings upgraded shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Finally, Mizuho raised their price objective on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 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’s stock. Based on data from MarketBeat.com, Entegris has an average rating of “Moderate Buy” and an average price target 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.