82,400 Shares in Entegris, Inc. $ENTG Bought by iA Global Asset Management Inc.

iA Global Asset Management Inc. acquired a new stake in Entegris, Inc. (NASDAQ:ENTG) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 82,400 shares of the semiconductor company’s stock, valued at approximately $7,619,000.

Other institutional investors have also recently bought and sold shares of the company. DAVENPORT & Co LLC boosted its stake in shares of Entegris by 1.3% in the 2nd quarter. DAVENPORT & Co LLC now owns 8,450 shares of the semiconductor company’s stock valued at $681,000 after purchasing an additional 110 shares in the last quarter. Verdence Capital Advisors LLC increased its position in Entegris by 2.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 4,817 shares of the semiconductor company’s stock worth $454,000 after purchasing an additional 126 shares in the last quarter. Alpine Bank Wealth Management lifted its stake in Entegris by 73.7% in the 2nd quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 132 shares during the last quarter. First National Advisers LLC boosted its position in Entegris by 0.5% in the second quarter. First National Advisers LLC now owns 28,895 shares of the semiconductor company’s stock valued at $2,330,000 after buying an additional 154 shares in the last quarter. Finally, State of Michigan Retirement System grew its stake in shares of Entegris by 0.6% during the second quarter. State of Michigan Retirement System now owns 36,400 shares of the semiconductor company’s stock worth $2,936,000 after buying an additional 200 shares during the last quarter.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. The Goldman Sachs Group downgraded Entegris from a “neutral” rating to a “sell” rating and dropped their target price for the company from $88.00 to $75.00 in a research report on Monday, December 15th. Wall Street Zen raised Entegris from a “sell” rating to a “hold” rating in a research note on Friday, October 3rd. Mizuho lowered their price objective on Entegris from $108.00 to $96.00 and set an “outperform” rating for the company in a research note on Thursday, November 20th. Finally, Needham & Company LLC reiterated a “strong-buy” rating on shares of Entegris in a report on Tuesday. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Entegris presently has a consensus rating of “Hold” and an average price target of $105.63.

Entegris Trading Down 3.2%

NASDAQ ENTG opened at $114.71 on Friday. The firm has a market capitalization of $17.39 billion, a PE ratio of 60.69 and a beta of 1.31. The business’s 50-day moving average price is $90.61 and its two-hundred day moving average price is $88.21. The company has a current ratio of 3.44, a quick ratio of 2.13 and a debt-to-equity ratio of 0.99. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $122.43.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, October 30th. The semiconductor company reported $0.72 EPS for the quarter, hitting analysts’ consensus estimates of $0.72. Entegris had a return on equity of 11.61% and a net margin of 8.95%.The company had revenue of $807.10 million for the quarter, compared to analyst estimates of $804.63 million. During the same period in the previous year, the firm earned $0.77 earnings per share. The firm’s quarterly revenue was down .1% on a year-over-year basis. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. On average, analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 18th. Stockholders 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 dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, January 28th. Entegris’s dividend payout ratio is currently 21.16%.

Insider Activity at Entegris

In related news, SVP Clinton M. Haris sold 5,830 shares of Entegris stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $120.00, for a total transaction of $699,600.00. Following the completion of the transaction, the senior vice president owned 37,743 shares of the company’s stock, valued at $4,529,160. This trade represents a 13.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James P. Lederer sold 2,008 shares of the business’s stock in a transaction 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 completion of the transaction, the director owned 20,434 shares in the company, valued at approximately $1,897,092.56. The trade was a 8.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 69,473 shares of company stock valued at $5,666,033 over the last 90 days. 0.67% of the stock is owned by company insiders.

Entegris 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.