New York State Teachers Retirement System Grows Position in Entegris, Inc. $ENTG

New York State Teachers Retirement System increased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 15.0% in the first quarter, Holdings Channel reports. The firm owned 82,657 shares of the semiconductor company’s stock after buying an additional 10,784 shares during the period. New York State Teachers Retirement System’s holdings in Entegris were worth $9,691,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ENTG. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of Entegris by 5.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,457,925 shares of the semiconductor company’s stock worth $689,560,000 after acquiring an additional 412,121 shares during the last quarter. Capital Research Global Investors acquired a new position in Entegris during the 3rd quarter worth about $644,841,000. State Street Corp lifted its stake in Entegris by 1.2% during the 4th quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock worth $434,071,000 after acquiring an additional 61,549 shares in the last quarter. Durable Capital Partners LP boosted its holdings in Entegris by 23.2% during the 3rd quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock valued at $348,115,000 after acquiring an additional 709,121 shares during the period. Finally, Invesco Ltd. boosted its holdings in Entegris by 13.4% during the 4th quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock valued at $302,682,000 after acquiring an additional 424,812 shares during the period.

Insider Buying and Selling at Entegris

In related news, SVP Olivier Blachier sold 2,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $140.04, for a total transaction of $280,080.00. Following the completion of the transaction, the senior vice president owned 34,897 shares in the company, valued at approximately $4,886,975.88. The trade was a 5.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Susan G. Rice sold 19,893 shares of the stock in a transaction on Friday, May 15th. The shares were 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 in the company, valued at $9,171,007.92. This trade represents a 22.37% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 106,000 shares of company stock worth $14,999,860. 0.53% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on ENTG shares. Weiss Ratings upgraded shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. UBS Group lifted their price objective on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a report on Friday, May 1st. Zacks Research downgraded shares of Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Finally, Oppenheimer reiterated an “outperform” rating and set a $160.00 target price on shares of Entegris in a report on Friday, May 1st. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $164.22.

Entegris Stock Down 9.4%

Shares of ENTG stock traded down $13.66 during trading hours on Tuesday, reaching $131.51. 643,737 shares of the stock were exchanged, compared to its average volume of 3,070,611. The business’s fifty day moving average is $148.44 and its two-hundred day moving average is $127.99. The firm has a market capitalization of $20.05 billion, a P/E ratio of 75.59, a P/E/G ratio of 1.82 and a beta of 1.31. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05.

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

Entegris Announces Dividend

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