7,607 Shares in Entegris, Inc. $ENTG Bought by Empowered Funds LLC

Empowered Funds LLC purchased a new stake in Entegris, Inc. (NASDAQ:ENTG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 7,607 shares of the semiconductor company’s stock, valued at approximately $1,368,000.

Other hedge funds have also bought and sold shares of the company. Ancora Advisors LLC acquired a new position in Entegris during the 2nd quarter valued at about $31,000. Transamerica Financial Advisors LLC bought a new position in shares of Entegris in the second quarter worth $32,000. Millstone Evans Group LLC boosted its position in shares of 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 acquiring an additional 176 shares during the period. First Horizon Corp raised its holdings in shares of Entegris by 147.1% in 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 in the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in Entegris during the first quarter worth about $44,000.

Insider Activity at Entegris

In other Entegris news, insider Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the sale, the insider directly owned 34,997 shares in the company, valued at $5,622,618.02. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan Rice sold 2,062 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the transaction, the senior vice president directly owned 66,976 shares in the company, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,978 shares of company stock valued at $1,273,734 over the last 90 days. Insiders own 0.53% of the company’s stock.

Entegris Price Performance

Shares of ENTG stock opened at $138.74 on Friday. The company has a market capitalization of $21.16 billion, a P/E ratio of 69.72, a P/E/G ratio of 1.20 and a beta of 1.37. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94. The company’s 50-day simple moving average is $141.50 and its two-hundred day simple moving average is $138.00.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. The company had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s payout ratio is 20.10%.

Analyst Ratings Changes

Several equities analysts recently issued reports on ENTG shares. Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. Needham & Company LLC lifted their target price on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Finally, Freedom Capital raised Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $170.89.

Entegris 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.