Brown Brothers Harriman & Co. Raises Stock Holdings in Entegris, Inc. $ENTG

Brown Brothers Harriman & Co. increased its position in shares of Entegris, Inc. (NASDAQ:ENTGFree Report) by 2.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 687,821 shares of the semiconductor company’s stock after purchasing an additional 13,260 shares during the quarter. Brown Brothers Harriman & Co. owned approximately 0.45% of Entegris worth $63,596,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Research Global Investors acquired a new position in shares of Entegris during the 3rd quarter worth approximately $644,841,000. Norges Bank acquired a new stake in shares of Entegris in the second quarter valued at approximately $211,786,000. Van ECK Associates Corp increased its holdings in shares of Entegris by 1,721.7% in the third quarter. Van ECK Associates Corp now owns 2,173,165 shares of the semiconductor company’s stock valued at $200,931,000 after purchasing an additional 2,053,869 shares during the last quarter. Invesco Ltd. boosted its position in shares of Entegris by 183.5% during the 3rd quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock valued at $292,900,000 after acquiring an additional 2,050,473 shares during the last quarter. Finally, Duquesne Family Office LLC purchased a new stake in shares of Entegris in the second quarter valued at about $132,741,000.

Insiders Place Their Bets

In other Entegris news, CFO Linda Lagorga sold 11,438 shares of the stock in a transaction dated 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 transaction, the chief financial officer directly owned 33,810 shares of the company’s stock, valued at approximately $4,564,350. This trade represents a 25.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Daniel D. Woodland sold 30,474 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $130.65, for a total value of $3,981,428.10. Following the completion of the sale, the senior vice president directly owned 46,904 shares in the company, valued at $6,128,007.60. This trade represents a 39.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 226,074 shares of company stock worth $29,640,758. Insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on ENTG. Needham & Company LLC reaffirmed a “strong-buy” rating on shares of Entegris in a research report on Tuesday, January 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. Citigroup lifted their target price on Entegris from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. KeyCorp upped their price target on Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Finally, Mizuho set a $150.00 price target on shares of Entegris in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $133.78.

Get Our Latest Stock Analysis on Entegris

Entegris Trading Down 1.5%

NASDAQ:ENTG opened at $108.28 on Friday. The company has a market capitalization of $16.46 billion, a PE ratio of 70.31, a P/E/G ratio of 2.06 and a beta of 1.30. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $142.50. The stock’s 50 day moving average price is $119.62 and its 200 day moving average price is $98.28. The company has a quick ratio of 2.04, a current ratio of 3.35 and a debt-to-equity ratio of 0.94.

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

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Wednesday, January 28th were given a $0.10 dividend. The ex-dividend date was Wednesday, January 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. Entegris’s dividend payout ratio (DPR) is presently 25.97%.

Entegris Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.