Ground Swell Capital LLC acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) in the 1st quarter, HoldingsChannel reports. The institutional investor acquired 4,082 shares of the semiconductor company’s stock, valued at approximately $479,000. Entegris accounts for 0.9% of Ground Swell Capital LLC’s portfolio, making the stock its 23rd biggest position.
A number of other large investors have also bought and sold shares of the company. Maridea Wealth Management LLC grew its stake in shares of Entegris by 25.8% during the 1st quarter. Maridea Wealth Management LLC now owns 9,498 shares of the semiconductor company’s stock worth $1,114,000 after acquiring an additional 1,948 shares during the period. Louisiana State Employees Retirement System bought a new stake in Entegris in the 1st quarter valued at about $5,170,000. Fifth Third Wealth Advisors LLC lifted its holdings in Entegris by 10.6% during the first quarter. Fifth Third Wealth Advisors LLC now owns 4,456 shares of the semiconductor company’s stock valued at $522,000 after purchasing an additional 426 shares during the last quarter. OP Asset Management Ltd purchased a new stake in Entegris during the first quarter valued at about $1,725,000. Finally, Banque Cantonale Vaudoise bought a new position in Entegris during the first quarter worth about $503,000.
Insider Activity
In other news, 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 transaction, the director owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Joseph Colella sold 6,326 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.17, for a total value of $886,715.42. Following the completion of the sale, the senior vice president owned 50,121 shares in the company, valued at $7,025,460.57. This trade represents a 11.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 107,867 shares of company stock worth $15,215,629. Company insiders own 0.53% of the company’s stock.
Entegris Trading Down 8.4%
Entegris (NASDAQ:ENTG – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. The company had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. Entegris’s revenue was up 5.0% compared to the same quarter last year. During the same period last year, the business earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, equities analysts forecast that Entegris, Inc. will post 3.6 EPS for the current fiscal year.
Entegris Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, April 29th. Entegris’s dividend payout ratio (DPR) is presently 23.12%.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on ENTG. Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $115.00 price objective on shares of Entegris in a report on Friday, May 1st. Needham & Company LLC lifted their price objective on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Oppenheimer reissued an “outperform” rating and set a $160.00 target price on shares of Entegris in a report on Friday, May 1st. Finally, UBS Group increased their target price on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Seven research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $154.33.
View Our Latest Research Report on ENTG
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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