Gabelli Funds LLC Boosts Stake in Entegris, Inc. $ENTG

Gabelli Funds LLC raised its position in Entegris, Inc. (NASDAQ:ENTG) by 10.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 53,700 shares of the semiconductor company’s stock after purchasing an additional 5,000 shares during the period. Gabelli Funds LLC’s holdings in Entegris were worth $4,524,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Verdence Capital Advisors LLC increased its stake in Entegris by 2.7% in the 3rd quarter. Verdence Capital Advisors LLC now owns 4,817 shares of the semiconductor company’s stock valued at $454,000 after buying an additional 126 shares during the last quarter. Northwestern Mutual Investment Management Company LLC increased its stake in Entegris by 0.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after buying an additional 127 shares during the last quarter. National Bank of Canada FI increased its stake in Entegris by 7.5% in the 3rd quarter. National Bank of Canada FI now owns 2,154 shares of the semiconductor company’s stock valued at $199,000 after buying an additional 151 shares during the last quarter. Allworth Financial LP increased its stake in Entegris by 31.6% in the 3rd quarter. Allworth Financial LP now owns 637 shares of the semiconductor company’s stock valued at $59,000 after buying an additional 153 shares during the last quarter. Finally, Argent Trust Co increased its stake in Entegris by 2.7% in the 3rd quarter. Argent Trust Co now owns 7,000 shares of the semiconductor company’s stock valued at $647,000 after buying an additional 184 shares during the last quarter.

Insider Activity at Entegris

In related news, SVP Olivier Blachier sold 2,000 shares of Entegris stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.04, for a total transaction of $280,080.00. Following the completion of the sale, the senior vice president owned 34,897 shares of the company’s stock, valued at approximately $4,886,975.88. This trade represents a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Susan G. Rice sold 19,893 shares of Entegris stock in a transaction on 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 sale, the senior vice president directly owned 69,038 shares of the company’s stock, valued at $9,171,007.92. This represents a 22.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 207,288 shares of company stock valued at $28,865,724 in the last ninety days. 0.53% of the stock is currently owned by corporate insiders.

Entegris Price Performance

NASDAQ:ENTG opened at $131.39 on Friday. The firm has a market capitalization of $20.04 billion, a price-to-earnings ratio of 75.95, a P/E/G ratio of 1.59 and a beta of 1.39. Entegris, Inc. has a 52-week low of $66.32 and a 52-week high of $159.15. The stock has a fifty day moving average of $131.33 and a 200 day moving average of $112.52. 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 posted its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.11. The company had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The firm’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, research analysts expect that Entegris, Inc. will post 3.59 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s dividend payout ratio (DPR) is currently 23.12%.

Analysts Set New Price Targets

Several research analysts recently commented on ENTG shares. Citigroup reaffirmed a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft downgraded shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 price objective for the company. in a report on Tuesday, February 3rd. Needham & Company LLC raised their price objective on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Zacks Research downgraded shares of Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Finally, UBS Group raised their price objective on shares of Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, May 1st. 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 company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $153.78.

About Entegris

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.