Strs Ohio Grows Position in Entegris, Inc. $ENTG

Strs Ohio grew its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 176.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 181,569 shares of the semiconductor company’s stock after purchasing an additional 116,001 shares during the quarter. Strs Ohio’s holdings in Entegris were worth $16,788,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Alpine Bank Wealth Management boosted its holdings in Entegris by 73.7% in the 2nd quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock worth $25,000 after buying an additional 132 shares during the period. Twin Peaks Wealth Advisors LLC bought a new stake in Entegris during the 2nd quarter valued at $25,000. ORG Wealth Partners LLC lifted its position in shares of Entegris by 862.1% during the third quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 250 shares in the last quarter. Quent Capital LLC bought a new position in shares of Entegris in the third quarter worth $34,000. Finally, Hoese & Co LLP purchased a new position in shares of Entegris in the second quarter valued at $44,000.

Insider Buying and Selling at Entegris

In other Entegris news, insider Bertrand Loy sold 57,570 shares of Entegris stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $76.88, for a total transaction of $4,425,981.60. Following the transaction, the insider directly owned 305,820 shares of the company’s stock, valued at approximately $23,511,441.60. This trade represents a 15.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Clinton M. Haris sold 5,830 shares of the business’s 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 sale, the senior vice president owned 37,743 shares of the company’s stock, valued at approximately $4,529,160. The trade was a 13.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 69,473 shares of company stock valued at $5,666,033. 0.67% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently issued reports on ENTG shares. BMO Capital Markets increased their price objective on Entegris from $105.00 to $126.00 and gave the stock an “outperform” rating in a report on Wednesday. Mizuho decreased their price target on shares of Entegris from $108.00 to $96.00 and set an “outperform” rating on the stock in a report on Thursday, November 20th. Needham & Company LLC reissued a “strong-buy” rating on shares of Entegris in a research note on Tuesday. The Goldman Sachs Group cut Entegris from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $88.00 to $75.00 in a research report on Monday, December 15th. Finally, Zacks Research raised Entegris from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $105.63.

Entegris Stock Down 3.2%

ENTG opened at $114.71 on Friday. The business’s fifty day simple moving average is $90.61 and its 200 day simple moving average is $88.22. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $122.43. The company has a quick ratio of 2.13, a current ratio of 3.44 and a debt-to-equity ratio of 0.99. The stock has a market cap of $17.39 billion, a PE ratio of 60.69 and a beta of 1.31.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.72. The firm had revenue of $807.10 million during the quarter, compared to analyst estimates of $804.63 million. Entegris had a return on equity of 11.61% and a net margin of 8.95%.The company’s revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 earnings per share. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. As a group, research analysts expect that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, January 28th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s dividend payout ratio is currently 21.16%.

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.