Capital Research Global Investors Sells 994,499 Shares of Entegris, Inc. $ENTG

Capital Research Global Investors lowered its position in Entegris, Inc. (NASDAQ:ENTG) by 14.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,979,634 shares of the semiconductor company’s stock after selling 994,499 shares during the quarter. Capital Research Global Investors’ holdings in Entegris were worth $503,815,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ameriflex Group Inc. acquired a new position in shares of Entegris in the third quarter valued at approximately $25,000. Steph & Co. acquired a new position in shares of Entegris in the fourth quarter valued at approximately $25,000. SBI Securities Co. Ltd. increased its stake in shares of Entegris by 260.8% in the third quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 206 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Entegris in the fourth quarter valued at approximately $29,000. Finally, Sound Income Strategies LLC increased its stake in shares of Entegris by 407.0% in the fourth quarter. Sound Income Strategies LLC now owns 507 shares of the semiconductor company’s stock valued at $43,000 after buying an additional 407 shares during the period.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ENTG shares. Oppenheimer reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. UBS Group upped their price objective on Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, May 1st. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $115.00 price objective on shares of Entegris in a research note on Friday, May 1st. Finally, Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Seven analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Entegris currently has a consensus rating of “Moderate Buy” and a consensus target price of $154.33.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Joseph Colella sold 6,326 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $140.17, for a total transaction of $886,715.42. Following the completion of the sale, the senior vice president 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. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Susan G. Rice sold 19,893 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following 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 position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 107,867 shares of company stock worth $15,215,629. Company insiders own 0.53% of the company’s stock.

Entegris Stock Performance

NASDAQ:ENTG opened at $125.41 on Monday. The company has a market capitalization of $19.13 billion, a PE ratio of 72.49, a P/E/G ratio of 1.56 and a beta of 1.37. The company has a 50 day simple moving average of $136.25 and a two-hundred day simple moving average of $116.66. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $159.15.

Entegris (NASDAQ:ENTG) last released its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. The business had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Research analysts anticipate that Entegris, Inc. will post 3.6 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio is currently 23.12%.

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.