Sterling Capital Management LLC Purchases 3,289 Shares of Entegris, Inc. $ENTG

Sterling Capital Management LLC increased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 43.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,903 shares of the semiconductor company’s stock after buying an additional 3,289 shares during the quarter. Sterling Capital Management LLC’s holdings in Entegris were worth $1,278,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Freedom Financial Partners LLC boosted its position in shares of Entegris by 105.8% during the fourth quarter. Freedom Financial Partners LLC now owns 34,051 shares of the semiconductor company’s stock worth $2,869,000 after buying an additional 17,509 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Entegris by 13.2% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 145,771 shares of the semiconductor company’s stock valued at $13,478,000 after buying an additional 17,043 shares during the last quarter. Dream Peak Capital Ltd bought a new stake in Entegris in the 4th quarter valued at approximately $27,025,000. WINTON GROUP Ltd bought a new position in shares of Entegris during the 3rd quarter worth approximately $17,909,000. Finally, ArrowMark Colorado Holdings LLC bought a new stake in shares of Entegris in the third quarter worth $21,880,000.

Insiders Place Their Bets

In other Entegris news, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction on 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 transaction, the director directly owned 18,277 shares of the company’s stock, valued at $2,624,394.43. The trade was a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Susan G. Rice sold 19,893 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the completion of the transaction, the senior vice president owned 69,038 shares in the company, valued at approximately $9,171,007.92. This represents a 22.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 107,867 shares of company stock worth $15,215,629 in the last quarter. Company insiders own 0.53% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on ENTG shares. Mizuho raised their target price on shares of Entegris from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. The Goldman Sachs Group restated a “sell” rating and set a $115.00 price objective on shares of Entegris in a research note on Friday, May 1st. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Needham & Company LLC lifted their target price on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Seven 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 stock. According to MarketBeat, Entegris has a consensus rating of “Moderate Buy” and a consensus price target of $154.33.

Entegris Stock Performance

Shares of ENTG stock opened at $171.04 on Tuesday. The company has a fifty day moving average price of $147.56 and a two-hundred day moving average price of $125.72. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94. The stock has a market cap of $26.08 billion, a P/E ratio of 98.87, a P/E/G ratio of 2.01 and a beta of 1.37. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05.

Entegris (NASDAQ:ENTG) last issued its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The company had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. During the same period in the prior year, the firm earned $0.67 EPS. Entegris’s quarterly revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, equities analysts predict that Entegris, Inc. will post 3.6 EPS for the current year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. Entegris’s payout ratio is presently 23.12%.

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.