Schwartz Investment Counsel Inc. acquired a new stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 200,000 shares of the semiconductor company’s stock, valued at approximately $18,492,000.
Other hedge funds have also recently made changes to their positions in the company. Norges Bank acquired a new position in Entegris during the 2nd quarter valued at about $211,786,000. Duquesne Family Office LLC purchased a new stake in shares of Entegris in the second quarter worth approximately $132,741,000. Holocene Advisors LP lifted its holdings in shares of Entegris by 79.4% in the second quarter. Holocene Advisors LP now owns 1,859,828 shares of the semiconductor company’s stock valued at $149,995,000 after purchasing an additional 823,015 shares in the last quarter. Rafferty Asset Management LLC boosted its position in shares of Entegris by 64.4% during the second quarter. Rafferty Asset Management LLC now owns 1,970,734 shares of the semiconductor company’s stock valued at $158,940,000 after buying an additional 771,650 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Entegris by 221.7% during the second quarter. Invesco Ltd. now owns 1,117,384 shares of the semiconductor company’s stock worth $90,117,000 after buying an additional 770,069 shares in the last quarter.
Analyst Ratings Changes
Several brokerages have weighed in on ENTG. The Goldman Sachs Group cut Entegris from a “neutral” rating to a “sell” rating and dropped their price objective for the company from $88.00 to $75.00 in a research note on Monday, December 15th. Mizuho dropped their price target on shares of Entegris from $108.00 to $96.00 and set an “outperform” rating on the stock in a research report on Thursday, November 20th. Wall Street Zen raised shares of Entegris from a “sell” rating to a “hold” rating in a research report on Friday, October 3rd. Zacks Research upgraded shares of Entegris from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $95.57.
Insider Buying and Selling at Entegris
In related news, Director James P. Lederer sold 2,008 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $92.84, for a total transaction of $186,422.72. Following the sale, the director directly owned 20,434 shares in the company, valued at approximately $1,897,092.56. This represents a 8.95% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Joseph Colella sold 3,577 shares of Entegris stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $88.41, for a total transaction of $316,242.57. Following the completion of the transaction, the senior vice president owned 34,364 shares of the company’s stock, valued at $3,038,121.24. This represents a 9.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 63,643 shares of company stock valued at $4,966,433 in the last three months. 0.67% of the stock is owned by company insiders.
Entegris Stock Performance
Shares of ENTG stock opened at $117.35 on Monday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.13 and a current ratio of 3.44. The firm has a market cap of $17.79 billion, a price-to-earnings ratio of 62.09 and a beta of 1.31. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $119.61. The firm’s 50-day simple moving average is $87.17 and its two-hundred day simple moving average is $87.14.
Entegris (NASDAQ:ENTG – Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.72. Entegris had a net margin of 8.95% and a return on equity of 11.61%. The company had revenue of $807.10 million during the quarter, compared to analyst estimates of $804.63 million. During the same quarter last year, the business posted $0.77 EPS. Entegris’s quarterly revenue was down .1% compared to the same quarter last year. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. As a group, equities analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current year.
Entegris Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 18th. Investors of record on Wednesday, January 28th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, January 28th. Entegris’s payout ratio is currently 21.16%.
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.
Further Reading
- Five stocks we like better than Entegris
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- Executive Order 14330: Trump’s Biggest Yet
Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. (NASDAQ:ENTG – Free Report).
Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.
