Diversify Wealth Management LLC raised its holdings in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 60.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,621 shares of the semiconductor company’s stock after purchasing an additional 6,275 shares during the quarter. Diversify Wealth Management LLC’s holdings in Entegris were worth $1,949,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. California Public Employees Retirement System raised its stake in shares of Entegris by 7.5% during the 2nd quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock valued at $15,573,000 after buying an additional 13,544 shares during the last quarter. Squarepoint Ops LLC boosted its stake in shares of Entegris by 66.3% in the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock worth $3,680,000 after buying an additional 18,195 shares during the last quarter. Treasurer of the State of North Carolina grew its holdings in Entegris by 1.6% during the second quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock worth $5,647,000 after acquiring an additional 1,114 shares during the period. Alliancebernstein L.P. grew its holdings in Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock worth $16,196,000 after acquiring an additional 7,292 shares during the period. Finally, Diversify Advisory Services LLC purchased a new position in Entegris during the second quarter valued at approximately $241,000.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on ENTG. Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 target price on shares of Entegris in a report on Friday, May 1st. BMO Capital Markets lifted their target price on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Wall Street Zen upgraded shares of Entegris from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Finally, Oppenheimer reissued an “outperform” rating and set a $160.00 price target on shares of Entegris in a report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $164.22.
Insider Activity
In other Entegris news, insider Bertrand Loy sold 44,138 shares of the company’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $144.41, for a total transaction of $6,373,968.58. Following the completion of the transaction, the insider directly owned 227,527 shares in the company, valued at approximately $32,857,174.07. This represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the completion of the sale, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 88,604 shares of company stock worth $12,560,593. Insiders own 0.53% of the company’s stock.
Entegris Stock Performance
NASDAQ ENTG opened at $140.63 on Wednesday. The stock has a market capitalization of $21.45 billion, a price-to-earnings ratio of 81.29, a PEG ratio of 1.60 and a beta of 1.31. The stock has a 50-day moving average of $147.34 and a 200 day moving average of $130.34. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94.
Entegris (NASDAQ:ENTG – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. The company had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.Entegris’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the company earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Sell-side analysts anticipate that Entegris, Inc. will post 3.63 EPS for the current fiscal year.
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.
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