State of Wyoming Grows Stock Holdings in Entegris, Inc. $ENTG

State of Wyoming raised its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 89.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,115 shares of the semiconductor company’s stock after buying an additional 3,825 shares during the period. State of Wyoming’s holdings in Entegris were worth $684,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Cibc World Market Inc. purchased a new stake in shares of Entegris during the fourth quarter valued at about $396,000. CIBC Asset Management Inc lifted its position in shares of Entegris by 2.1% during the fourth quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock valued at $564,000 after buying an additional 140 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Entegris by 26.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,323,392 shares of the semiconductor company’s stock valued at $111,496,000 after buying an additional 277,461 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Entegris by 41.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,174,357 shares of the semiconductor company’s stock valued at $98,940,000 after buying an additional 343,101 shares during the last quarter. Finally, Bridges Investment Management Inc. lifted its position in shares of Entegris by 20.9% during the fourth quarter. Bridges Investment Management Inc. now owns 2,762 shares of the semiconductor company’s stock valued at $233,000 after buying an additional 478 shares during the last quarter.

Insider Buying and Selling

In related news, insider Bertrand Loy sold 44,138 shares of the stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $144.41, for a total value of $6,373,968.58. Following the transaction, the insider owned 227,527 shares in the company, valued at approximately $32,857,174.07. This represents a 16.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Clinton M. Haris sold 6,848 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the completion of the transaction, the senior vice president owned 54,961 shares in the company, valued at approximately $8,201,830.03. This trade represents 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 have sold 107,867 shares of company stock worth $15,215,629 in the last quarter. 0.53% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have commented on ENTG. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Needham & Company LLC increased their price objective on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. KeyCorp increased their price objective on shares of Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Finally, UBS Group increased their price objective on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $154.33.

Entegris Stock Performance

Shares of Entegris stock opened at $139.88 on Friday. The firm has a market capitalization of $21.33 billion, a P/E ratio of 80.86, a PEG ratio of 1.75 and a beta of 1.37. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. The company has a 50 day moving average price of $136.21 and a 200 day moving average price of $116.30. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $159.15.

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

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date was Wednesday, April 29th. Entegris’s dividend 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.