Riverbridge Partners LLC Lowers Position in Entegris, Inc. $ENTG

Riverbridge Partners LLC decreased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 38.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 213,335 shares of the semiconductor company’s stock after selling 131,618 shares during the period. Riverbridge Partners LLC’s holdings in Entegris were worth $25,011,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ENTG. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of Entegris by 0.3% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock valued at $2,645,000 after acquiring an additional 100 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its stake in Entegris by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after purchasing an additional 127 shares in the last quarter. TD Private Client Wealth LLC lifted its position in Entegris by 13.3% during the fourth quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock valued at $97,000 after purchasing an additional 135 shares during the last quarter. CIBC Asset Management Inc grew its stake in Entegris by 2.1% in the 4th quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock worth $564,000 after buying an additional 140 shares in the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of Entegris by 7.5% in the 3rd quarter. National Bank of Canada FI now owns 2,154 shares of the semiconductor company’s stock worth $199,000 after buying an additional 151 shares during the last quarter.

Insider Transactions at Entegris

In related news, SVP Susan G. Rice sold 19,893 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the completion of the sale, the senior vice president directly owned 69,038 shares in the company, valued at $9,171,007.92. This represents a 22.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Clinton M. Haris sold 6,848 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the transaction, the senior vice president owned 54,961 shares in the company, valued at approximately $8,201,830.03. The trade was a 11.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 107,867 shares of company stock valued at $15,215,629. 0.53% of the stock is currently owned by corporate insiders.

Entegris Price Performance

Shares of Entegris stock opened at $168.22 on Wednesday. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. The stock has a market capitalization of $25.65 billion, a price-to-earnings ratio of 97.24, a price-to-earnings-growth ratio of 2.29 and a beta of 1.37. The company has a fifty day moving average of $144.94 and a 200-day moving average of $123.47. 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 (NASDAQ:ENTG) last issued its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The company had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The firm’s revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Equities research analysts expect that Entegris, Inc. will post 3.6 EPS for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio (DPR) is 23.12%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ENTG. Oppenheimer reaffirmed an “outperform” rating and set a $160.00 price objective on shares of Entegris in a report on Friday, May 1st. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Mizuho raised their price target on Entegris from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Finally, Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Seven research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Entegris currently has an average rating of “Moderate Buy” and an average target price of $154.33.

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.