Trivium Point Advisory LLC Takes $6.32 Million Position in Entegris, Inc. $ENTG

Trivium Point Advisory LLC acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) in the second quarter, Holdings Channel reports. The firm acquired 35,155 shares of the semiconductor company’s stock, valued at approximately $6,323,000.

A number of other hedge funds have also modified their holdings of ENTG. Global Retirement Partners LLC purchased a new position in shares of Entegris in the 2nd quarter worth approximately $620,000. Bank of New York Mellon Corp acquired a new position in shares of Entegris during the 2nd quarter worth about $248,869,000. State of Wyoming acquired a new position in Entegris during the second quarter worth $653,000. Maridea Wealth Management LLC acquired a new position in shares of Entegris in the 2nd quarter worth approximately $2,069,000. Finally, Oppenheimer Asset Management Inc. purchased a new position in shares of Entegris in the 2nd quarter valued at about $11,549,000.

Analyst Ratings Changes

ENTG has been the subject of several research reports. Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. The Goldman Sachs Group raised shares of Entegris from a “sell” rating to a “buy” rating in a research note on Wednesday. Zacks Research raised Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft raised Entegris from a “hold” rating to a “buy” rating and boosted their target price for the stock from $152.00 to $200.00 in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Entegris presently has a consensus rating of “Buy” and a consensus price target of $170.89.

Insider Activity at Entegris

In other news, SVP Clinton M. Haris sold 6,848 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. This represents a 11.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 2,062 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the sale, the senior vice president owned 66,976 shares in the company, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 16,395 shares of company stock valued at $2,486,814. 0.53% of the stock is currently owned by insiders.

Entegris Stock Performance

NASDAQ ENTG opened at $161.76 on Monday. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The company has a fifty day moving average price of $146.89 and a 200-day moving average price of $136.19. The firm has a market cap of $24.67 billion, a price-to-earnings ratio of 81.29, a PEG ratio of 1.49 and a beta of 1.35. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. The firm 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%. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities research analysts predict that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, July 29th. This represents a $0.40 annualized dividend and a yield of 0.2%. Entegris’s dividend payout ratio is currently 20.10%.

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.