Sterling Capital Management LLC Purchases 3,289 Shares of Entegris, Inc. $ENTG

Sterling Capital Management LLC raised its position in Entegris, Inc. (NASDAQ:ENTG) by 43.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,903 shares of the semiconductor company’s stock after buying an additional 3,289 shares during the quarter. Sterling Capital Management LLC’s holdings in Entegris were worth $1,278,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Freedom Financial Partners LLC grew its stake in shares of Entegris by 105.8% in the fourth quarter. Freedom Financial Partners LLC now owns 34,051 shares of the semiconductor company’s stock valued at $2,869,000 after acquiring an additional 17,509 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Entegris by 13.2% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 145,771 shares of the semiconductor company’s stock worth $13,478,000 after purchasing an additional 17,043 shares in the last quarter. Dream Peak Capital Ltd acquired a new stake in Entegris in the 4th quarter worth about $27,025,000. WINTON GROUP Ltd bought a new stake in Entegris in the 3rd quarter valued at about $17,909,000. Finally, ArrowMark Colorado Holdings LLC bought a new stake in Entegris in the 3rd quarter valued at about $21,880,000.

Wall Street Analyst Weigh In

Several research analysts have recently commented on ENTG shares. Mizuho raised their target price on shares of Entegris from $175.00 to $180.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Citigroup reiterated a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Oppenheimer restated an “outperform” rating and set a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and issued a $115.00 price objective on shares of Entegris in a report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Entegris currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.33.

Entegris Stock Performance

NASDAQ ENTG opened at $171.04 on Tuesday. The firm’s 50 day simple moving average is $147.56 and its 200 day simple moving average is $125.72. The firm has a market capitalization of $26.08 billion, a price-to-earnings ratio of 98.87, a P/E/G ratio of 2.01 and a beta of 1.37. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94.

Entegris (NASDAQ:ENTG) last released its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The firm had revenue of $811.90 million during the quarter, compared to analysts’ expectations of $808.72 million. During the same period in the prior year, the company earned $0.67 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, research analysts expect that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Wednesday, April 29th. Entegris’s payout ratio is currently 23.12%.

Insider Transactions at Entegris

In other news, insider Bertrand Loy sold 44,138 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $144.41, for a total value of $6,373,968.58. Following the sale, the insider directly owned 227,527 shares in the company, valued at approximately $32,857,174.07. This trade represents a 16.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the sale, the director directly owned 18,277 shares in the company, valued at $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 107,867 shares of company stock valued at $15,215,629. Company insiders own 0.53% of the company’s stock.

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.