NewEdge Advisors LLC Acquires 6,842 Shares of Entegris, Inc. $ENTG

NewEdge Advisors LLC boosted its holdings in Entegris, Inc. (NASDAQ:ENTG) by 540.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,109 shares of the semiconductor company’s stock after purchasing an additional 6,842 shares during the period. NewEdge Advisors LLC’s holdings in Entegris were worth $951,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ENTG. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Entegris during the 4th quarter worth about $29,000. Millstone Evans Group LLC boosted its position in Entegris by 191.3% during the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 176 shares during the last quarter. Johnson Financial Group Inc. grew its stake in Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 236 shares in the last quarter. First Horizon Corp increased its position in shares of Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 178 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in shares of Entegris during the 1st quarter worth approximately $44,000.

Insider Activity

In other news, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the sale, the senior vice president owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the sale, the insider directly owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 18,395 shares of company stock worth $2,808,134. Corporate insiders own 0.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a research note on Wednesday, August 12th. Oppenheimer reiterated an “outperform” rating and set a $160.00 price target on shares of Entegris in a report on Friday, May 1st. UBS Group boosted their price target on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, BMO Capital Markets raised their price objective on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $170.89.

Entegris Trading Down 7.9%

Shares of NASDAQ:ENTG opened at $150.26 on Wednesday. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. The stock has a market cap of $22.91 billion, a PE ratio of 75.51, a P/E/G ratio of 1.49 and a beta of 1.35. The business has a 50 day moving average of $147.82 and a 200-day moving average of $136.70. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83.

Entegris (NASDAQ:ENTG) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. The company had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities research analysts forecast that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s dividend payout ratio (DPR) is presently 20.10%.

About Entegris

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.