Entegris, Inc. $ENTG Stock Position Lowered by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in Entegris, Inc. (NASDAQ:ENTGFree Report) by 62.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,408 shares of the semiconductor company’s stock after selling 33,628 shares during the quarter. SG Americas Securities LLC’s holdings in Entegris were worth $1,887,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Primecap Management Co. CA lifted its holdings in Entegris by 12.0% in the 2nd quarter. Primecap Management Co. CA now owns 3,065,170 shares of the semiconductor company’s stock valued at $247,206,000 after acquiring an additional 329,306 shares during the last quarter. Durable Capital Partners LP raised its holdings in shares of Entegris by 4.9% in the 2nd quarter. Durable Capital Partners LP now owns 3,055,914 shares of the semiconductor company’s stock worth $246,459,000 after purchasing an additional 141,497 shares in the last quarter. Bank of America Corp DE lifted its stake in Entegris by 31.2% during the second quarter. Bank of America Corp DE now owns 3,031,048 shares of the semiconductor company’s stock valued at $244,454,000 after purchasing an additional 720,467 shares during the last quarter. Norges Bank bought a new stake in Entegris during the second quarter worth approximately $211,786,000. Finally, Rafferty Asset Management LLC grew its position in Entegris by 64.4% in the second quarter. Rafferty Asset Management LLC now owns 1,970,734 shares of the semiconductor company’s stock worth $158,940,000 after buying an additional 771,650 shares during the last quarter.

Entegris Stock Up 2.0%

Shares of Entegris stock opened at $104.09 on Thursday. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $110.46. The company has a market cap of $15.78 billion, a P/E ratio of 55.07 and a beta of 1.31. The company has a current ratio of 3.44, a quick ratio of 2.13 and a debt-to-equity ratio of 0.99. The stock has a 50-day moving average price of $86.00 and a 200 day moving average price of $86.66.

Entegris (NASDAQ:ENTGGet Free Report) last issued its earnings results on Thursday, October 30th. The semiconductor company reported $0.72 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.72. The company had revenue of $807.10 million for the quarter, compared to the consensus estimate of $804.63 million. Entegris had a return on equity of 11.61% and a net margin of 8.95%.The firm’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.77 EPS. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. As a group, analysts expect that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, January 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. Entegris’s dividend payout ratio (DPR) is 21.16%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on ENTG shares. KeyCorp increased their price objective on Entegris from $107.00 to $111.00 and gave the company an “overweight” rating in a research report on Friday, January 9th. Mizuho reduced their target price on Entegris from $108.00 to $96.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. Zacks Research upgraded Entegris from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. Finally, The Goldman Sachs Group cut shares of Entegris from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $88.00 to $75.00 in a report on Monday, December 15th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Entegris has an average rating of “Hold” and a consensus price target of $95.57.

View Our Latest Stock Analysis on Entegris

Insider Activity at Entegris

In other news, Director James P. Lederer sold 2,008 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $92.84, for a total value of $186,422.72. Following the transaction, the director directly owned 20,434 shares of the company’s stock, valued at approximately $1,897,092.56. This represents a 8.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Olivier Blachier sold 488 shares of Entegris stock in a transaction on Monday, November 17th. The shares were sold at an average price of $77.43, for a total value of $37,785.84. Following the sale, the senior vice president directly owned 14,124 shares of the company’s stock, valued at approximately $1,093,621.32. The trade was a 3.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 63,643 shares of company stock valued at $4,966,433. Insiders own 0.67% of the company’s stock.

About Entegris

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.