Louisiana State Employees Retirement System Makes New Investment in Entegris, Inc. $ENTG

Louisiana State Employees Retirement System purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 44,100 shares of the semiconductor company’s stock, valued at approximately $5,170,000.

A number of other institutional investors have also made changes to their positions in ENTG. Fifth Third Wealth Advisors LLC boosted its position in Entegris by 10.6% during the first quarter. Fifth Third Wealth Advisors LLC now owns 4,456 shares of the semiconductor company’s stock worth $522,000 after purchasing an additional 426 shares during the period. OP Asset Management Ltd bought a new position in shares of Entegris in the first quarter valued at approximately $1,725,000. Banque Cantonale Vaudoise bought a new position in shares of Entegris in the first quarter valued at approximately $503,000. Assenagon Asset Management S.A. lifted its stake in shares of Entegris by 18.3% in the first quarter. Assenagon Asset Management S.A. now owns 203,558 shares of the semiconductor company’s stock worth $23,865,000 after buying an additional 31,558 shares during the last quarter. Finally, Steph & Co. lifted its stake in shares of Entegris by 167.8% in the first quarter. Steph & Co. now owns 782 shares of the semiconductor company’s stock worth $92,000 after buying an additional 490 shares during the last quarter.

Entegris Price Performance

Shares of ENTG stock opened at $161.43 on Friday. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a market capitalization of $24.62 billion, a P/E ratio of 93.31, a P/E/G ratio of 2.19 and a beta of 1.37. The stock has a 50 day moving average of $146.86 and a two-hundred day moving average of $124.92. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91.

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

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s payout ratio is 23.12%.

Wall Street Analyst Weigh In

ENTG has been the topic of a number of research analyst reports. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Citigroup restated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. UBS Group lifted their price objective on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Oppenheimer reiterated an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Seven equities 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 company’s stock. According to data from MarketBeat.com, Entegris has an average rating of “Moderate Buy” and a consensus target price of $154.33.

Insider Buying and Selling

In related news, insider Bertrand Loy sold 44,138 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $144.41, for a total value of $6,373,968.58. Following the sale, the insider owned 227,527 shares of the company’s stock, valued at $32,857,174.07. The trade was a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 6,326 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.17, for a total transaction of $886,715.42. Following the completion of the transaction, the senior vice president directly owned 50,121 shares of the company’s stock, valued at $7,025,460.57. This trade represents a 11.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 107,867 shares of company stock worth $15,215,629. Insiders own 0.53% of the company’s stock.

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.