Torray Investment Partners LLC Lowers Stock Holdings in Entegris, Inc. $ENTG

Torray Investment Partners LLC cut its position in Entegris, Inc. (NASDAQ:ENTG) by 21.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,941 shares of the semiconductor company’s stock after selling 4,843 shares during the quarter. Torray Investment Partners LLC’s holdings in Entegris were worth $2,103,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of ENTG. Steph & Co. purchased a new position in shares of Entegris in the fourth quarter valued at approximately $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Entegris during the 4th quarter worth approximately $29,000. Millstone Evans Group LLC increased its stake in Entegris by 191.3% during the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after buying an additional 176 shares during the period. Johnson Financial Group Inc. lifted its holdings in Entegris by 147.5% during the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after buying an additional 236 shares in the last quarter. Finally, First Horizon Corp lifted its holdings in Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after buying an additional 178 shares in the last quarter.

Insiders Place Their Bets

In other news, insider Bertrand Loy sold 44,138 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $144.41, for a total transaction of $6,373,968.58. Following the sale, the insider owned 227,527 shares of the company’s stock, valued at approximately $32,857,174.07. This trade represents a 16.25% decrease in their position. The sale was disclosed in a legal 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 business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, the director owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 106,000 shares of company stock worth $14,999,860. 0.53% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Needham & Company LLC boosted their price target on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Mizuho increased their price objective on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. BMO Capital Markets lifted their target price on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Finally, Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Entegris currently has an average rating of “Moderate Buy” and a consensus price target of $164.22.

Entegris Stock Down 0.5%

Shares of Entegris stock traded down $0.75 during trading on Friday, hitting $145.35. 1,442,159 shares of the stock were exchanged, compared to its average volume of 3,574,700. The stock has a market cap of $22.17 billion, a price-to-earnings ratio of 84.02, a price-to-earnings-growth ratio of 1.71 and a beta of 1.31. The firm’s 50-day moving average price is $147.62 and its 200 day moving average price is $129.28. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. 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 (NASDAQ:ENTG) last posted its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The firm had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. During the same quarter in the prior year, the company posted $0.67 earnings per share. Entegris’s revenue for the quarter was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, analysts forecast that Entegris, Inc. will post 3.63 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were issued a $0.10 dividend. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio is presently 23.12%.

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.