Thornburg Investment Management Inc. Takes $4.32 Million Position in Entegris, Inc. $ENTG

Thornburg Investment Management Inc. purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 51,267 shares of the semiconductor company’s stock, valued at approximately $4,319,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Entropy Technologies LP grew its holdings in shares of Entegris by 15.9% during the 4th quarter. Entropy Technologies LP now owns 15,372 shares of the semiconductor company’s stock valued at $1,295,000 after acquiring an additional 2,105 shares in the last quarter. Barclays PLC grew its holdings in shares of Entegris by 10.7% during the 4th quarter. Barclays PLC now owns 1,282,663 shares of the semiconductor company’s stock valued at $108,064,000 after acquiring an additional 124,132 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Entegris in the 4th quarter valued at $1,556,000. The Manufacturers Life Insurance Company lifted its stake in shares of Entegris by 388.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 530,675 shares of the semiconductor company’s stock valued at $44,715,000 after purchasing an additional 421,962 shares during the last quarter. Finally, Heights Point Management LP acquired a new stake in shares of Entegris in the 4th quarter valued at $3,076,000.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ENTG shares. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Needham & Company LLC lifted their price objective 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. Finally, UBS Group lifted their price objective on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Seven 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $154.33.

Insider Buying and Selling at Entegris

In other news, SVP Clinton M. Haris sold 6,848 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the completion of the transaction, the senior vice president owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. This represents a 11.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 3,569 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the transaction, the director directly owned 18,277 shares of the company’s stock, valued at $2,624,394.43. This represents a 16.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 107,867 shares of company stock valued at $15,215,629 in the last three months. Company insiders own 0.53% of the company’s stock.

Entegris Stock Up 8.2%

Entegris stock opened at $162.89 on Tuesday. The firm has a market cap of $24.84 billion, a price-to-earnings ratio of 94.16, a P/E/G ratio of 1.87 and a beta of 1.37. 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 fifty-two week low of $67.97 and a fifty-two week high of $168.00. The firm has a fifty day moving average price of $139.53 and a two-hundred day moving average price of $119.60.

Entegris (NASDAQ:ENTG) last released its 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. The firm had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The business’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, analysts forecast that Entegris, Inc. will post 3.6 earnings per share for the current year.

Entegris Announces Dividend

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. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. Entegris’s 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.