Elevation Point Wealth Partners LLC Takes $774,000 Position in Entegris, Inc. $ENTG

Elevation Point Wealth Partners LLC bought a new stake in Entegris, Inc. (NASDAQ:ENTG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,303 shares of the semiconductor company’s stock, valued at approximately $774,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ENTG. Millstone Evans Group LLC grew its stake in shares of 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 acquiring an additional 176 shares in the last quarter. Johnson Financial Group Inc. boosted its holdings 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 during the last quarter. First Horizon Corp boosted its holdings in Entegris by 147.1% in the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 178 shares during the last quarter. Elevated Capital Advisors LLC acquired a new stake in Entegris during the 1st quarter valued at approximately $44,000. Finally, Los Angeles Capital Management LLC purchased a new stake in Entegris during the 4th quarter worth approximately $59,000.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $138.25 on Tuesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. The business’s fifty day moving average price is $147.49 and its two-hundred day moving average price is $137.38. The firm has a market capitalization of $21.08 billion, a PE ratio of 69.47, a P/E/G ratio of 1.32 and a beta of 1.35. Entegris, Inc. has a 1-year low of $67.97 and a 1-year high of $186.94.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating the consensus estimate 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 net margin of 9.18% and a return on equity of 12.25%. Entegris’s revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, research analysts expect that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were issued a $0.10 dividend. 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 payout ratio is presently 20.10%.

Insiders Place Their Bets

In other Entegris news, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction that occurred on Thursday, August 13th. The shares were 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 approximately $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director James P. Lederer sold 3,569 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the completion of the transaction, the director directly owned 18,277 shares in the company, valued at $2,624,394.43. This represents a 16.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 18,395 shares of company stock worth $2,808,134. Company insiders own 0.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Citigroup reissued a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. UBS Group increased their price objective on shares of Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Freedom Capital raised shares of Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. Finally, Mizuho upped their target price on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. 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 stock. Based on data from MarketBeat.com, Entegris currently has an average rating of “Buy” and a consensus target price of $170.89.

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.