Swiss National Bank Trims Stake in Entegris, Inc. $ENTG

Swiss National Bank cut its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 436,407 shares of the semiconductor company’s stock after selling 21,800 shares during the period. Swiss National Bank’s holdings in Entegris were worth $40,350,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of ENTG. Norges Bank purchased a new stake in Entegris in the second quarter worth about $211,786,000. Duquesne Family Office LLC purchased a new position in shares of Entegris during the 2nd quarter valued at about $132,741,000. Holocene Advisors LP lifted its position in shares of Entegris by 79.4% during the 2nd quarter. Holocene Advisors LP now owns 1,859,828 shares of the semiconductor company’s stock valued at $149,995,000 after buying an additional 823,015 shares in the last quarter. Rafferty Asset Management LLC grew its stake in shares of Entegris by 64.4% during the 2nd quarter. Rafferty Asset Management LLC now owns 1,970,734 shares of the semiconductor company’s stock valued at $158,940,000 after acquiring an additional 771,650 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Entegris by 221.7% during the 2nd quarter. Invesco Ltd. now owns 1,117,384 shares of the semiconductor company’s stock valued at $90,117,000 after acquiring an additional 770,069 shares during the period.

Analyst Ratings Changes

A number of equities research analysts have commented on ENTG shares. Mizuho set a $150.00 target price on shares of Entegris in a research note on Wednesday, February 11th. Needham & Company LLC reiterated a “strong-buy” rating on shares of Entegris in a research report on Tuesday, January 20th. Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Deutsche Bank Aktiengesellschaft cut shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 target price on the stock. in a research note on Tuesday, February 3rd. Finally, Citigroup upped their target price on shares of Entegris from $145.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $133.78.

Entegris Price Performance

NASDAQ ENTG traded down $0.98 during trading hours on Friday, reaching $109.00. The company’s stock had a trading volume of 307,812 shares, compared to its average volume of 3,099,766. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $142.50. The company has a quick ratio of 2.04, a current ratio of 3.35 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $16.57 billion, a price-to-earnings ratio of 70.79, a PEG ratio of 2.18 and a beta of 1.30. The firm’s 50-day moving average price is $119.25 and its 200-day moving average price is $98.13.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. The business had revenue of $823.90 million during the quarter, compared to analyst estimates of $811.04 million. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The company’s revenue was down 3.0% on a year-over-year basis. During the same period last year, the firm posted $0.84 EPS. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. On average, equities research analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Wednesday, January 28th. Entegris’s payout ratio is currently 25.97%.

Insider Buying and Selling

In other news, SVP Daniel D. Woodland sold 30,474 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $130.65, for a total transaction of $3,981,428.10. Following the completion of the transaction, the senior vice president owned 46,904 shares in the company, valued at $6,128,007.60. This trade represents a 39.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Joseph Colella sold 1,580 shares of Entegris stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $131.49, for a total value of $207,754.20. Following the completion of the sale, the senior vice president directly owned 45,835 shares in the company, valued at $6,026,844.15. This trade represents a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 226,074 shares of company stock worth $29,640,758 in the last 90 days. 0.67% of the stock is owned by company insiders.

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.