Elevation Point Wealth Partners LLC Acquires New Shares in Entegris, Inc. $ENTG

Elevation Point Wealth Partners LLC bought a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 4,303 shares of the semiconductor company’s stock, valued at approximately $774,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Entegris by 0.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock worth $2,645,000 after buying an additional 100 shares during the last quarter. Parvin Asset Management LLC raised its holdings in Entegris by 19.2% in the 1st quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after acquiring an additional 120 shares during the period. Lido Advisors LLC lifted its position in Entegris by 1.5% during the 1st quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock worth $1,002,000 after acquiring an additional 125 shares during the last quarter. Northwestern Mutual Investment Management Company LLC boosted its holdings in Entegris by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after acquiring an additional 127 shares during the period. Finally, Resona Asset Management Co. Ltd. lifted its position in shares of Entegris by 0.3% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock worth $5,199,000 after purchasing an additional 128 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ENTG. Mizuho raised their target price on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Oppenheimer reiterated an “outperform” rating and set a $160.00 price target on shares of Entegris in a report on Friday, May 1st. Zacks Research raised Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Citigroup restated a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $170.89.

Entegris Stock Performance

Shares of NASDAQ ENTG opened at $138.25 on Tuesday. The firm has a market capitalization of $21.08 billion, a price-to-earnings ratio of 69.47, a PEG ratio of 1.32 and a beta of 1.35. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94. The business has a fifty day simple moving average of $147.49 and a 200 day simple moving average of $137.38. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The company had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business’s revenue was up 11.5% on a year-over-year basis. During the same period last year, the business earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Sell-side analysts expect that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s dividend payout ratio is presently 20.10%.

Insider Transactions at Entegris

In related news, SVP Joseph Colella sold 3,916 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president owned 50,297 shares in the company, valued at $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James P. Lederer sold 3,569 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, the director directly owned 18,277 shares of the company’s stock, valued at $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 18,395 shares of company stock worth $2,808,134. Corporate insiders own 0.53% of the company’s stock.

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.