Swedbank AB Sells 21,758 Shares of Entegris, Inc. $ENTG

Swedbank AB reduced its position in Entegris, Inc. (NASDAQ:ENTG) by 23.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,174 shares of the semiconductor company’s stock after selling 21,758 shares during the period. Swedbank AB’s holdings in Entegris were worth $8,110,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ENTG. Freedom Financial Partners LLC lifted its holdings in shares of Entegris by 105.8% in the 4th quarter. Freedom Financial Partners LLC now owns 34,051 shares of the semiconductor company’s stock valued at $2,869,000 after acquiring an additional 17,509 shares during the last quarter. Dream Peak Capital Ltd bought a new stake in Entegris during the fourth quarter worth approximately $27,025,000. SG Americas Securities LLC raised its position in Entegris by 616.5% during the fourth quarter. SG Americas Securities LLC now owns 146,230 shares of the semiconductor company’s stock valued at $12,320,000 after purchasing an additional 125,822 shares during the period. ArrowMark Colorado Holdings LLC bought a new stake in shares of Entegris in the 3rd quarter valued at approximately $21,880,000. Finally, DigitalBridge Group Inc. purchased a new position in shares of Entegris in the 3rd quarter worth approximately $39,420,000.

Insider Buying and Selling

In other Entegris news, SVP Clinton M. Haris sold 6,848 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total value of $1,021,927.04. Following the completion of the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. The trade was a 11.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bertrand Loy sold 44,138 shares of the company’s stock in a transaction dated Friday, April 17th. The stock was 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 owned 227,527 shares in the company, valued at $32,857,174.07. This represents a 16.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 106,000 shares of company stock worth $14,999,860 over the last ninety days. 0.53% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on ENTG. Weiss Ratings upgraded Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Zacks Research lowered shares of Entegris from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Mizuho boosted their price objective on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Entegris from $145.00 to $155.00 and gave the stock a “hold” rating in a report on Monday, July 6th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Seven investment 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 MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $164.22.

Entegris Trading Down 0.5%

Shares of ENTG stock traded down $0.75 on Friday, reaching $145.35. 1,442,159 shares of the company’s stock were exchanged, compared to its average volume of 3,574,700. The company’s fifty day simple moving average is $147.62 and its 200 day simple moving average is $129.28. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $22.17 billion, a PE ratio of 84.02, a P/E/G ratio of 1.71 and a beta of 1.31.

Entegris (NASDAQ:ENTG) last announced 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. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The company had revenue of $811.90 million for the quarter, compared to the consensus estimate of $808.72 million. During the same quarter in the prior year, the company posted $0.67 EPS. Entegris’s quarterly revenue was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, analysts forecast that Entegris, Inc. will post 3.63 EPS for the current year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were issued a $0.10 dividend. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio is presently 23.12%.

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.