Entegris, Inc. $ENTG Shares Sold by Citigroup Inc.

Citigroup Inc. trimmed its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 30.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 722,019 shares of the semiconductor company’s stock after selling 318,330 shares during the period. Citigroup Inc. owned approximately 0.48% of Entegris worth $66,758,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of ENTG. Vanguard Group Inc. raised its position in Entegris by 2.8% in the third quarter. Vanguard Group Inc. now owns 16,017,716 shares of the semiconductor company’s stock valued at $1,480,998,000 after purchasing an additional 443,518 shares during the period. Principal Financial Group Inc. lifted its holdings in Entegris by 10.1% in the 3rd quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock worth $543,325,000 after buying an additional 540,755 shares in the last quarter. Primecap Management Co. CA grew its stake in shares of Entegris by 12.0% during the second quarter. Primecap Management Co. CA now owns 3,065,170 shares of the semiconductor company’s stock valued at $247,206,000 after acquiring an additional 329,306 shares in the last quarter. Durable Capital Partners LP grew its stake in Entegris by 4.9% during the 2nd quarter. Durable Capital Partners LP now owns 3,055,914 shares of the semiconductor company’s stock valued at $246,459,000 after purchasing an additional 141,497 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of Entegris by 31.2% during the second quarter. Bank of America Corp DE now owns 3,031,048 shares of the semiconductor company’s stock worth $244,454,000 after buying an additional 720,467 shares in the last quarter.

Entegris Stock Up 1.4%

NASDAQ:ENTG opened at $136.42 on Tuesday. The business’s fifty day moving average price is $108.91 and its 200 day moving average price is $94.15. The company has a current ratio of 3.35, a quick ratio of 2.04 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $20.74 billion, a price-to-earnings ratio of 88.58, a PEG ratio of 2.52 and a beta of 1.32. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $138.99.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. The firm had revenue of $823.90 million for the quarter, compared to the consensus estimate of $811.04 million. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The firm’s revenue was down 3.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.84 earnings per share. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. On average, sell-side analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, January 28th. Entegris’s payout ratio is currently 25.97%.

Insider Transactions at Entegris

In other Entegris news, CFO Linda Lagorga sold 11,438 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $135.00, for a total transaction of $1,544,130.00. Following the transaction, the chief financial officer directly owned 33,810 shares of the company’s stock, valued at $4,564,350. This represents a 25.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James P. Lederer sold 2,008 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $92.84, for a total value of $186,422.72. Following the transaction, the director owned 20,434 shares in the company, valued at approximately $1,897,092.56. This trade represents a 8.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 175,814 shares of company stock valued at $19,068,668 in the last ninety days. 0.61% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently commented on ENTG. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft cut shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 price objective on the stock. in a report on Tuesday, February 3rd. Zacks Research raised Entegris from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 13th. Citigroup boosted their price target on shares of Entegris from $145.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, The Goldman Sachs Group raised their target price on Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and an average price target of $133.78.

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.