NewEdge Advisors LLC Has $951,000 Holdings in Entegris, Inc. $ENTG

NewEdge Advisors LLC raised its stake in Entegris, Inc. (NASDAQ:ENTG) by 540.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm 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 SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Entegris by 0.3% in the 4th 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 acquiring an additional 100 shares during the period. Parvin Asset Management LLC grew its stake in shares of Entegris by 19.2% in the 1st quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock valued at $87,000 after purchasing an additional 120 shares during the period. Lido Advisors LLC raised its holdings in shares of Entegris by 1.5% in the 1st quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock worth $1,002,000 after buying an additional 125 shares in the last quarter. Northwestern Mutual Investment Management Company LLC raised its holdings in shares of Entegris by 0.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock worth $2,858,000 after buying an additional 127 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. boosted its stake in Entegris by 0.3% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock valued at $5,199,000 after buying an additional 128 shares in the last quarter.

Insider Activity

In other news, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the transaction, the insider owned 34,997 shares of the company’s stock, valued at $5,622,618.02. The trade was a 5.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the 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 completion of the sale, the senior vice president owned 50,297 shares of the company’s stock, valued at $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 18,395 shares of company stock valued at $2,808,134. Insiders own 0.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ENTG. BMO Capital Markets lifted their price objective on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft upgraded shares of Entegris from a “hold” rating to a “buy” rating and lifted their target price for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. Freedom Capital raised Entegris to a “strong-buy” rating in a report on Monday, August 3rd. UBS Group raised their price target on Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Entegris has a consensus rating of “Buy” and a consensus price target of $170.89.

Entegris Stock Down 7.9%

Shares of ENTG opened at $150.26 on Wednesday. The firm has a market capitalization of $22.91 billion, a price-to-earnings ratio of 75.51, a PEG ratio of 1.49 and a beta of 1.35. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The business’s fifty day moving average price is $147.82 and its two-hundred day moving average price is $136.70.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.11. The business 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 revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, analysts predict that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, July 29th. Entegris’s dividend payout ratio is currently 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.