GW&K Investment Management LLC Acquires 156,845 Shares of Entegris, Inc. $ENTG

GW&K Investment Management LLC increased its stake in Entegris, Inc. (NASDAQ:ENTGFree Report) by 25.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 768,752 shares of the semiconductor company’s stock after buying an additional 156,845 shares during the period. GW&K Investment Management LLC’s holdings in Entegris were worth $71,079,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. Truist Financial Corp increased its stake in shares of Entegris by 21.3% during the 3rd quarter. Truist Financial Corp now owns 63,312 shares of the semiconductor company’s stock worth $5,854,000 after purchasing an additional 11,119 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Entegris by 10.1% during the third quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock valued at $543,325,000 after purchasing an additional 540,755 shares during the period. Mediolanum International Funds Ltd purchased a new stake in Entegris in the third quarter worth $12,093,000. Congress Asset Management Co. raised its stake in shares of Entegris by 17.9% in the third quarter. Congress Asset Management Co. now owns 182,906 shares of the semiconductor company’s stock valued at $16,912,000 after buying an additional 27,813 shares during the period. Finally, iA Global Asset Management Inc. purchased a new position in shares of Entegris during the 3rd quarter valued at $7,619,000.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ENTG shares. Needham & Company LLC reissued a “strong-buy” rating on shares of Entegris in a report on Tuesday, January 20th. Citigroup lifted their target price on shares of Entegris from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. BMO Capital Markets reissued an “outperform” rating and issued a $148.00 price target on shares of Entegris in a research report on Wednesday, February 11th. KeyCorp raised their price objective on shares of Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Finally, The Goldman Sachs Group boosted their target price on shares of Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Entegris presently has a consensus rating of “Moderate Buy” and a consensus target price of $133.78.

Check Out Our Latest Analysis on ENTG

Insider Buying and Selling at Entegris

In other Entegris news, insider Bertrand Loy sold 65,250 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $119.61, for a total value of $7,804,552.50. Following the transaction, the insider directly owned 306,422 shares in the company, valued at $36,651,135.42. This represents a 17.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Linda Lagorga sold 11,438 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $135.00, for a total value of $1,544,130.00. Following the completion of the sale, the chief financial officer directly owned 33,810 shares in the company, valued at approximately $4,564,350. The trade was a 25.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 228,082 shares of company stock valued at $29,827,181 over the last 90 days. Insiders own 0.67% of the company’s stock.

Entegris Price Performance

ENTG stock opened at $129.00 on Thursday. The firm has a 50 day moving average of $115.56 and a 200-day moving average of $96.80. The firm has a market capitalization of $19.61 billion, a P/E ratio of 83.77, a price-to-earnings-growth ratio of 2.38 and a beta of 1.30. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $142.50. The company has a current ratio of 3.35, a quick ratio of 2.04 and a debt-to-equity ratio of 0.94.

Entegris (NASDAQ:ENTGGet Free Report) last posted its earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.03. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The business had revenue of $823.90 million for the quarter, compared to analyst estimates of $811.04 million. During the same quarter in the prior year, the firm posted $0.84 EPS. Entegris’s revenue was down 3.0% on a year-over-year basis. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. As a group, sell-side analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Wednesday, January 28th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, January 28th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s dividend payout ratio (DPR) is currently 25.97%.

Entegris Company Profile

(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.

See Also

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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