Louisbourg Investments Inc. Sells 10,190 Shares of Entegris, Inc. $ENTG

Louisbourg Investments Inc. lowered its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 26.5% in the first quarter, Holdings Channel.com reports. The firm owned 28,329 shares of the semiconductor company’s stock after selling 10,190 shares during the period. Louisbourg Investments Inc.’s holdings in Entegris were worth $3,321,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ENTG. Capital Research Global Investors purchased a new stake in shares of Entegris in the third quarter worth approximately $644,841,000. Van ECK Associates Corp boosted its position in shares of Entegris by 1,721.7% during the third quarter. Van ECK Associates Corp now owns 2,173,165 shares of the semiconductor company’s stock valued at $200,931,000 after buying an additional 2,053,869 shares during the last quarter. Invesco Ltd. boosted its position in shares of Entegris by 183.5% during the third quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock valued at $292,900,000 after buying an additional 2,050,473 shares during the last quarter. Norges Bank bought a new stake in Entegris during the fourth quarter worth $158,669,000. Finally, Duquesne Family Office LLC purchased a new stake in Entegris in the 2nd quarter valued at $132,741,000.

Insider Buying and Selling

In related news, SVP Joseph Colella sold 6,326 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $140.17, for a total transaction of $886,715.42. Following the completion of the transaction, the senior vice president owned 50,121 shares in the company, valued at approximately $7,025,460.57. This represents a 11.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Clinton M. Haris sold 6,848 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the transaction, the senior vice president owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. The trade was a 11.08% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 107,867 shares of company stock worth $15,215,629 in the last ninety days. Corporate insiders own 0.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Mizuho raised their price objective on Entegris from $175.00 to $180.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Needham & Company LLC increased their target price on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th. The Goldman Sachs Group reissued a “sell” rating and set a $115.00 price target on shares of Entegris in a research report on Friday, May 1st. Finally, Oppenheimer restated an “outperform” rating and set a $160.00 price target on shares of Entegris 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 assigned a Sell rating to the company. According to MarketBeat, Entegris presently has a consensus rating of “Moderate Buy” and an average target price of $154.33.

Entegris Stock Performance

Shares of ENTG opened at $161.43 on Friday. The stock has a 50 day moving average of $146.86 and a 200 day moving average of $124.92. The company has a market capitalization of $24.62 billion, a price-to-earnings ratio of 93.31, a PEG ratio of 2.01 and a beta of 1.37. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.11. The business had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The business’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, sell-side analysts forecast that Entegris, Inc. will post 3.6 earnings per share for the current year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, April 29th. Entegris’s payout ratio is presently 23.12%.

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.