ProShare Advisors LLC cut its position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) by 16.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,538 shares of the semiconductor company’s stock after selling 4,307 shares during the quarter. ProShare Advisors LLC’s holdings in Entegris were worth $2,084,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. boosted its holdings in shares of Entegris by 26.3% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 78,373 shares of the semiconductor company’s stock valued at $7,246,000 after buying an additional 16,306 shares during the period. Smartleaf Asset Management LLC boosted its stake in Entegris by 430.5% in the third quarter. Smartleaf Asset Management LLC now owns 2,971 shares of the semiconductor company’s stock valued at $278,000 after acquiring an additional 2,411 shares during the period. HighPoint Advisor Group LLC grew its holdings in shares of Entegris by 22.1% during the third quarter. HighPoint Advisor Group LLC now owns 4,056 shares of the semiconductor company’s stock valued at $375,000 after purchasing an additional 734 shares during the last quarter. SBI Securities Co. Ltd. raised its position in shares of Entegris by 260.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 206 shares during the period. Finally, Hantz Financial Services Inc. raised its position in shares of Entegris by 94.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 5,598 shares of the semiconductor company’s stock worth $518,000 after purchasing an additional 2,722 shares during the period.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on ENTG. UBS Group restated a “buy” rating and set a $150.00 price objective on shares of Entegris in a research report on Monday, February 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a report on Monday, December 29th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $148.00 price objective on shares of Entegris in a report on Wednesday. The Goldman Sachs Group boosted their target price on shares of Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a research note on Wednesday. Finally, KeyCorp upped their target price on shares of Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday. Six analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $133.78.
Insider Transactions at Entegris
In other news, Director James P. Lederer sold 2,008 shares of the firm’s stock in a transaction dated 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. This trade represents a 8.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Clinton M. Haris sold 5,830 shares of Entegris stock in a transaction that occurred on Wednesday, January 21st. The stock was 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 directly owned 37,743 shares in the company, valued at $4,529,160. This represents a 13.38% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 131,146 shares of company stock worth $13,154,343. Corporate insiders own 0.67% of the company’s stock.
Entegris Stock Up 0.4%
Entegris stock opened at $131.43 on Friday. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $138.99. The stock has a market cap of $19.98 billion, a price-to-earnings ratio of 85.34, a PEG ratio of 2.49 and a beta of 1.33. The company’s 50-day moving average price is $104.08 and its two-hundred day moving average price is $91.60. The company has a current ratio of 3.35, a quick ratio of 2.13 and a debt-to-equity ratio of 0.94.
Entegris (NASDAQ:ENTG – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.03. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The business had revenue of $823.90 million during the quarter, compared to analysts’ expectations of $811.04 million. During the same period last year, the firm posted $0.84 earnings per share. The business’s revenue was down 3.0% on a year-over-year basis. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. On average, analysts expect that Entegris, Inc. will post 3.51 EPS for the current fiscal year.
Entegris Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, January 28th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is 25.97%.
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.
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