Riverbridge Partners LLC Sells 98,579 Shares of Entegris, Inc. $ENTG

Riverbridge Partners LLC lowered its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 22.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 344,953 shares of the semiconductor company’s stock after selling 98,579 shares during the period. Riverbridge Partners LLC owned 0.23% of Entegris worth $29,062,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of ENTG. Legal & General Group Plc lifted its position in shares of Entegris by 2.5% during the 2nd quarter. Legal & General Group Plc now owns 487,606 shares of the semiconductor company’s stock valued at $39,325,000 after buying an additional 12,034 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Entegris by 0.9% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,134,500 shares of the semiconductor company’s stock worth $91,497,000 after purchasing an additional 10,539 shares in the last quarter. Prudential Financial Inc. increased its stake in shares of Entegris by 56.2% in the second quarter. Prudential Financial Inc. now owns 14,979 shares of the semiconductor company’s stock worth $1,208,000 after purchasing an additional 5,392 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of Entegris in the second quarter valued at approximately $416,000. Finally, Russell Investments Group Ltd. lifted its stake in shares of Entegris by 20.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 471,202 shares of the semiconductor company’s stock valued at $38,530,000 after buying an additional 80,085 shares in the last quarter.

Wall Street Analyst Weigh In

Several research analysts recently commented on ENTG shares. Deutsche Bank Aktiengesellschaft downgraded shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 price objective for the company. in a report on Tuesday, February 3rd. Zacks Research lowered Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. Needham & Company LLC reissued a “strong-buy” rating on shares of Entegris in a research note on Tuesday, January 20th. Finally, KeyCorp boosted their target price on Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Six equities 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 company’s stock. According to MarketBeat.com, Entegris has an average rating of “Hold” and a consensus target price of $133.78.

Insider Activity

In related news, SVP Daniel D. Woodland sold 30,474 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $130.65, for a total transaction of $3,981,428.10. Following the transaction, the senior vice president directly owned 46,904 shares of the company’s stock, valued at approximately $6,128,007.60. This trade represents a 39.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Olivier Blachier sold 1,664 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $131.49, for a total value of $218,799.36. Following the completion of the sale, the senior vice president directly owned 29,497 shares of the company’s stock, valued at approximately $3,878,560.53. This represents a 5.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 226,074 shares of company stock worth $29,640,758. 0.67% of the stock is currently owned by insiders.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $115.75 on Friday. The company’s fifty day moving average price is $122.31 and its 200-day moving average price is $100.40. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.35 and a quick ratio of 2.04. The firm has a market capitalization of $17.59 billion, a price-to-earnings ratio of 75.16, a PEG ratio of 2.31 and a beta of 1.30. Entegris, Inc. has a one year low of $60.75 and a one year high of $142.50.

Entegris (NASDAQ:ENTG) last announced its earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.03. The company had revenue of $823.90 million during the quarter, compared to analyst estimates of $811.04 million. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The firm’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.84 earnings per share. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. On average, equities research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, January 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio is 25.97%.

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.