Barclays PLC Lowers Stake in Entegris, Inc. $ENTG

Barclays PLC lessened its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 36.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,158,531 shares of the semiconductor company’s stock after selling 652,300 shares during the quarter. Barclays PLC owned approximately 0.76% of Entegris worth $107,118,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Bank of Montreal Can boosted its position in Entegris by 6.1% during the second quarter. Bank of Montreal Can now owns 147,232 shares of the semiconductor company’s stock valued at $11,874,000 after purchasing an additional 8,425 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Entegris by 0.4% in the second quarter. Bank of New York Mellon Corp now owns 1,039,516 shares of the semiconductor company’s stock worth $83,837,000 after purchasing an additional 4,186 shares in the last quarter. Resona Asset Management Co. Ltd. lifted its position in shares of Entegris by 3.3% during the second quarter. Resona Asset Management Co. Ltd. now owns 48,999 shares of the semiconductor company’s stock valued at $3,963,000 after buying an additional 1,567 shares during the last quarter. Andra AP fonden purchased a new stake in shares of Entegris during the second quarter valued at about $73,000. Finally, Savant Capital LLC boosted its holdings in shares of Entegris by 13.2% in the 2nd quarter. Savant Capital LLC now owns 3,696 shares of the semiconductor company’s stock valued at $298,000 after buying an additional 431 shares in the last quarter.

Entegris Trading Down 9.7%

Shares of Entegris stock opened at $112.44 on Friday. The firm’s 50 day simple moving average is $116.86 and its two-hundred day simple moving average is $97.34. The firm has a market capitalization of $17.09 billion, a price-to-earnings ratio of 73.01, a PEG ratio of 2.11 and a beta of 1.30. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $142.50. The company has a current ratio of 3.35, a quick ratio of 2.04 and a debt-to-equity ratio of 0.94.

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

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, January 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. Entegris’s payout ratio is currently 25.97%.

Insider Buying and Selling at Entegris

In related news, SVP Olivier Blachier sold 1,664 shares of Entegris stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $131.49, for a total transaction of $218,799.36. Following the completion of the sale, the senior vice president owned 29,497 shares of the company’s stock, valued at $3,878,560.53. The trade was a 5.34% 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, CFO Linda Lagorga sold 11,438 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $135.00, for a total value of $1,544,130.00. Following the completion of the sale, the chief financial officer owned 33,810 shares in the company, valued at approximately $4,564,350. This represents a 25.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 228,082 shares of company stock worth $29,827,181. 0.67% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. The Goldman Sachs Group lifted their price objective on shares of Entegris from $75.00 to $95.00 and gave the stock a “sell” rating in a research report on Wednesday, February 11th. Needham & Company LLC reissued a “strong-buy” rating on shares of Entegris in a research report on Tuesday, January 20th. KeyCorp raised their target price on shares of Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. UBS Group reaffirmed a “buy” rating and issued a $150.00 price target on shares of Entegris in a report on Monday, February 2nd. Finally, Mizuho set a $150.00 price target on Entegris in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Entegris currently has an average 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.