Generate Investment Management Ltd Purchases New Shares in Entegris, Inc. $ENTG

Generate Investment Management Ltd acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 109,651 shares of the semiconductor company’s stock, valued at approximately $16,893,000.

Several other large investors also recently made changes to their positions in ENTG. Salem Investment Counselors Inc. increased its holdings in Entegris by 4.2% during the 3rd quarter. Salem Investment Counselors Inc. now owns 80,804 shares of the semiconductor company’s stock worth $12,449,000 after purchasing an additional 3,250 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Entegris by 12.3% in the third quarter. B. Riley Wealth Advisors Inc. now owns 2,047 shares of the semiconductor company’s stock valued at $315,000 after purchasing an additional 225 shares in the last quarter. GK Wealth Management LLC bought a new stake in shares of Entegris in the third quarter valued at about $102,000. Wedmont Private Capital lifted its holdings in shares of Entegris by 6.2% in the third quarter. Wedmont Private Capital now owns 2,507 shares of the semiconductor company’s stock valued at $407,000 after purchasing an additional 146 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC boosted its position in shares of Entegris by 44.3% during the third quarter. Legacy Wealth Asset Management LLC now owns 6,147 shares of the semiconductor company’s stock worth $947,000 after buying an additional 1,887 shares during the period.

Insider Activity at Entegris

In related news, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the transaction, the senior vice president directly owned 50,297 shares in the company, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Susan Rice sold 2,062 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the sale, the senior vice president owned 66,976 shares of the company’s stock, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 7,978 shares of company stock valued at $1,273,734. 0.53% of the stock is owned by corporate insiders.

Entegris Stock Down 4.6%

NASDAQ ENTG traded down $7.35 during trading hours on Wednesday, hitting $153.81. 638,277 shares of the company traded hands, compared to its average volume of 2,821,365. The business’s 50-day moving average is $147.56 and its 200-day moving average is $143.06. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The stock has a market capitalization of $23.46 billion, a price-to-earnings ratio of 77.43, a P/E/G ratio of 1.47 and a beta of 1.40.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.11. The firm had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%. The business’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Sell-side analysts anticipate that Entegris, Inc. will post 3.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

ENTG has been the subject of a number of research reports. Freedom Capital upgraded Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft upgraded Entegris from a “hold” rating to a “buy” rating and boosted their target price for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. BMO Capital Markets upped their price target on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Stifel Nicolaus assumed coverage on shares of Entegris in a research note on Wednesday, October 7th. They set a “buy” rating and a $200.00 price target for the company. Finally, Wall Street Zen downgraded shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $178.33.

Entegris Profile

Entegris, Inc is a global supplier of advanced materials and process solutions used in the semiconductor and other high-technology industries. The company helps manufacturers protect, purify, transport and process the highly sensitive materials used to produce integrated circuits, memory devices and other electronic components.

Its products and services include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and wafer-shipping products, contamination-control solutions, chemical-mechanical planarization materials, deposition materials and solutions for semiconductor packaging.