Sumitomo Mitsui Trust Group Inc. Sells 3,784 Shares of Entegris, Inc. $ENTG

Sumitomo Mitsui Trust Group Inc. lessened its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 1.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 293,286 shares of the semiconductor company’s stock after selling 3,784 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Entegris were worth $34,385,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Steph & Co. bought a new stake in shares of Entegris during the 4th quarter worth approximately $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in Entegris in the 4th quarter valued at $29,000. Johnson Financial Group Inc. lifted its position in shares of Entegris by 147.5% during the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 236 shares during the last quarter. Sound Income Strategies LLC lifted its position in shares of Entegris by 407.0% during the fourth quarter. Sound Income Strategies LLC now owns 507 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 407 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in shares of Entegris by 31.6% during the third quarter. Allworth Financial LP now owns 637 shares of the semiconductor company’s stock valued at $59,000 after purchasing an additional 153 shares during the period.

Entegris Price Performance

Shares of ENTG opened at $136.27 on Tuesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21. The company has a 50 day moving average price of $147.52 and a 200-day moving average price of $129.95. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The stock has a market capitalization of $20.78 billion, a PE ratio of 78.77, a PEG ratio of 1.70 and a beta of 1.31.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.11. The company had revenue of $811.90 million for 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% compared to the same quarter last year. During the same period last year, the company posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Equities analysts predict that Entegris, Inc. will post 3.63 earnings per share for the current fiscal year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were given a $0.10 dividend. 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 presently 23.12%.

Insider Transactions at Entegris

In other Entegris news, insider Bertrand Loy sold 44,138 shares of Entegris stock in a transaction dated Friday, April 17th. The stock was 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 $32,857,174.07. The trade was a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 19,893 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the completion of the transaction, the senior vice president owned 69,038 shares of the company’s stock, valued at $9,171,007.92. This represents a 22.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 88,604 shares of company stock worth $12,560,593. Company insiders own 0.53% of the company’s stock.

Analysts Set New Price Targets

ENTG has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Entegris from $145.00 to $155.00 and gave the stock a “hold” rating in a report on Monday, July 6th. BMO Capital Markets boosted their price objective on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Weiss Ratings upgraded shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Zacks Research downgraded shares of Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Finally, UBS Group boosted their price target on Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $164.22.

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.