iA Global Asset Management Inc. purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 82,400 shares of the semiconductor company’s stock, valued at approximately $7,619,000. iA Global Asset Management Inc. owned about 0.05% of Entegris as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in ENTG. Wealth Enhancement Advisory Services LLC raised its stake in Entegris by 16.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,234 shares of the semiconductor company’s stock valued at $627,000 after acquiring an additional 1,046 shares during the period. Fifth Third Bancorp increased its holdings in shares of Entegris by 57.6% in the second quarter. Fifth Third Bancorp now owns 21,338 shares of the semiconductor company’s stock valued at $1,721,000 after purchasing an additional 7,800 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in shares of Entegris by 0.6% in the second quarter. Public Employees Retirement System of Ohio now owns 47,437 shares of the semiconductor company’s stock valued at $3,826,000 after purchasing an additional 300 shares during the period. Avior Wealth Management LLC bought a new position in shares of Entegris in the second quarter valued at about $286,000. Finally, James Hambro & Partners LLP lifted its stake in shares of Entegris by 8.4% during the 2nd quarter. James Hambro & Partners LLP now owns 852,889 shares of the semiconductor company’s stock worth $68,764,000 after buying an additional 66,398 shares during the last quarter.
Insider Transactions at Entegris
In related news, SVP Olivier Blachier sold 488 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $77.43, for a total transaction of $37,785.84. Following the sale, the senior vice president owned 14,124 shares in the company, valued at approximately $1,093,621.32. This trade represents a 3.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Clinton M. Haris sold 5,830 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $120.00, for a total transaction of $699,600.00. Following the transaction, the senior vice president owned 37,743 shares of the company’s stock, valued at approximately $4,529,160. This represents a 13.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 69,473 shares of company stock worth $5,666,033. Corporate insiders own 0.67% of the company’s stock.
Entegris Trading Down 3.2%
Entegris (NASDAQ:ENTG – Get Free Report) last released its earnings results on Thursday, October 30th. The semiconductor company reported $0.72 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.72. The firm had revenue of $807.10 million during the quarter, compared to the consensus estimate 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 period in the prior year, the company posted $0.77 EPS. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. On average, research analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current fiscal year.
Entegris Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, January 28th. Entegris’s dividend payout ratio is presently 21.16%.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on ENTG shares. BMO Capital Markets increased their price target on shares of Entegris from $105.00 to $126.00 and gave the company an “outperform” rating in a report on Wednesday. Mizuho decreased their target price on Entegris from $108.00 to $96.00 and set an “outperform” rating on the stock in a research report on Thursday, November 20th. Wall Street Zen raised Entegris from a “sell” rating to a “hold” rating in a report on Friday, October 3rd. Needham & Company LLC restated a “strong-buy” rating on shares of Entegris in a research note on Tuesday. Finally, The Goldman Sachs Group cut Entegris from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $88.00 to $75.00 in a research report on Monday, December 15th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $105.63.
View Our Latest Analysis on Entegris
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.
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