EP Wealth Advisors LLC Decreases Stock Holdings in Entegris, Inc. $ENTG

EP Wealth Advisors LLC lessened its stake in Entegris, Inc. (NASDAQ:ENTG) by 8.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,563 shares of the semiconductor company’s stock after selling 245 shares during the period. EP Wealth Advisors LLC’s holdings in Entegris were worth $224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its holdings in shares of Entegris by 235.8% in the 1st quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company’s stock valued at $438,642,000 after buying an additional 3,520,997 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in Entegris by 21.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 13,555,677 shares of the semiconductor company’s stock valued at $1,185,852,000 after acquiring an additional 2,361,065 shares during the last quarter. TPG GP A LLC purchased a new position in Entegris in the fourth quarter worth $115,639,000. Durable Capital Partners LP increased its position in shares of Entegris by 43.3% during the first quarter. Durable Capital Partners LP now owns 2,914,417 shares of the semiconductor company’s stock worth $254,953,000 after purchasing an additional 881,198 shares in the last quarter. Finally, Findlay Park Partners LLP purchased a new stake in shares of Entegris during the 1st quarter valued at $44,877,000.

Insider Activity

In other news, SVP Clinton M. Haris sold 3,627 shares of the firm’s stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $90.00, for a total transaction of $326,430.00. Following the sale, the senior vice president owned 37,743 shares of the company’s stock, valued at $3,396,870. This trade represents a 8.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Susan G. Rice sold 8,858 shares of Entegris stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total transaction of $707,222.72. Following the transaction, the senior vice president directly owned 56,912 shares of the company’s stock, valued at approximately $4,543,854.08. This trade represents a 13.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is owned by company insiders.

Analyst Ratings Changes

ENTG has been the topic of several research analyst reports. Oppenheimer initiated coverage on Entegris in a research note on Thursday, September 4th. They set a “market perform” rating and a $95.00 target price on the stock. UBS Group lowered their target price on shares of Entegris from $95.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, July 31st. Wall Street Zen downgraded shares of Entegris from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. The Goldman Sachs Group began coverage on shares of Entegris in a report on Thursday, July 10th. They issued a “neutral” rating and a $85.00 price target for the company. Finally, Needham & Company LLC reissued a “buy” rating and set a $100.00 price objective on shares of Entegris in a report on Tuesday, May 20th. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Entegris presently has an average rating of “Moderate Buy” and a consensus price target of $105.30.

Entegris Stock Down 1.1%

ENTG stock opened at $81.22 on Wednesday. The company has a market capitalization of $12.31 billion, a P/E ratio of 41.87 and a beta of 1.29. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $117.88. The firm’s fifty day simple moving average is $83.26 and its 200-day simple moving average is $82.30. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95.

Entegris (NASDAQ:ENTG) last posted its earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.01. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The company had revenue of $792.40 million during the quarter, compared to the consensus estimate of $753.85 million. During the same period in the previous year, the firm posted $0.71 earnings per share. The firm’s quarterly revenue was down 2.5% on a year-over-year basis. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. As a group, equities research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, July 30th were paid a $0.10 dividend. The ex-dividend date was Wednesday, July 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. Entegris’s dividend payout ratio is presently 20.62%.

Entegris Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).