Hsbc Holdings PLC Buys 74,623 Shares of Entegris, Inc. $ENTG

Hsbc Holdings PLC lifted its stake in Entegris, Inc. (NASDAQ:ENTG) by 138.9% in the 4th quarter, HoldingsChannel reports. The firm owned 128,339 shares of the semiconductor company’s stock after buying an additional 74,623 shares during the quarter. Hsbc Holdings PLC’s holdings in Entegris were worth $10,834,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Entegris by 0.3% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock valued at $2,645,000 after buying an additional 100 shares during the period. Northwestern Mutual Investment Management Company LLC lifted its holdings in Entegris by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock worth $2,858,000 after buying an additional 127 shares during the period. TD Private Client Wealth LLC lifted its holdings in Entegris by 13.3% in the fourth quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock worth $97,000 after buying an additional 135 shares during the period. CIBC Asset Management Inc boosted its position in Entegris by 2.1% during the 4th quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock valued at $564,000 after acquiring an additional 140 shares in the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of Entegris by 7.5% during the 3rd quarter. National Bank of Canada FI now owns 2,154 shares of the semiconductor company’s stock worth $199,000 after acquiring an additional 151 shares during the period.

Insiders Place Their Bets

In related news, SVP Olivier Blachier sold 2,000 shares of the 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 sale, the senior vice president directly owned 34,897 shares of the company’s stock, valued at $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 SEC, which is available at the SEC website. Also, SVP Susan G. Rice sold 19,893 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $132.84, for a total value of $2,642,586.12. Following the completion of the transaction, the senior vice president directly owned 69,038 shares of the company’s stock, valued at approximately $9,171,007.92. This trade represents a 22.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 107,867 shares of company stock worth $15,215,629. 0.53% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Zacks Research lowered Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Citigroup restated a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. UBS Group increased their price objective on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Oppenheimer reissued an “outperform” rating and set a $160.00 price objective on shares of Entegris in a research report on Friday, May 1st. Finally, The Goldman Sachs Group restated a “sell” rating and set a $115.00 target price on shares of Entegris in a report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Entegris presently has a consensus rating of “Moderate Buy” and an average target price of $154.33.

Entegris Stock Up 2.8%

Shares of Entegris stock opened at $176.28 on Friday. The company has a 50-day simple moving average of $146.37 and a two-hundred day simple moving average of $124.66. The stock has a market capitalization of $26.88 billion, a PE ratio of 101.90, a price-to-earnings-growth ratio of 2.13 and a beta of 1.37. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. 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 results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. The firm had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, analysts anticipate that Entegris, Inc. will post 3.6 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. Entegris’s dividend payout ratio (DPR) 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.