Congress Asset Management Co. Acquires 17,075 Shares of Entegris, Inc. $ENTG

Congress Asset Management Co. grew its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 9.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 199,981 shares of the semiconductor company’s stock after buying an additional 17,075 shares during the quarter. Congress Asset Management Co. owned 0.13% of Entegris worth $16,848,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Entegris by 2.8% during the 3rd 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 last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in Entegris by 5.8% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,457,925 shares of the semiconductor company’s stock worth $689,560,000 after buying an additional 412,121 shares during the last quarter. Capital Research Global Investors purchased a new position in Entegris during the third quarter worth $644,841,000. Principal Financial Group Inc. increased its position in Entegris by 10.1% during the third quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock valued at $543,325,000 after acquiring an additional 540,755 shares during the last quarter. Finally, State Street Corp increased its position in Entegris by 1.2% during the third quarter. State Street Corp now owns 5,090,627 shares of the semiconductor company’s stock valued at $470,679,000 after acquiring an additional 62,619 shares during the last quarter.

Entegris Stock Up 5.8%

Shares of ENTG opened at $121.67 on Wednesday. The firm has a market capitalization of $18.49 billion, a P/E ratio of 79.01, a P/E/G ratio of 2.16 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. The firm has a fifty day moving average price of $121.88 and a 200-day moving average price of $100.14.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.03. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The firm had revenue of $823.90 million for the quarter, compared to analysts’ expectations of $811.04 million. During the same period in the prior year, the business posted $0.84 earnings per share. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. Equities research analysts expect 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, February 18th. Stockholders 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 dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is 25.97%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ENTG shares. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 13th. Mizuho set a $150.00 price target on shares of Entegris in a report on Wednesday, February 11th. Citigroup increased their price objective 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. UBS Group reissued a “buy” rating and issued a $150.00 price objective on shares of Entegris in a research note on Monday, February 2nd. Finally, BMO Capital Markets restated an “outperform” rating and set a $148.00 target price on shares of Entegris in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Entegris has an average rating of “Moderate Buy” and a consensus price target of $133.78.

Insider Buying and Selling at Entegris

In other news, SVP Olivier Blachier sold 1,664 shares of Entegris stock in a transaction that occurred on Friday, February 20th. The shares were 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 approximately $3,878,560.53. The trade was a 5.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Clinton M. Haris sold 5,830 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $120.00, for a total value of $699,600.00. Following the completion of the sale, the senior vice president owned 37,743 shares of the company’s stock, valued at $4,529,160. The trade was a 13.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 226,074 shares of company stock valued at $29,640,758. 0.61% of the stock is owned by corporate insiders.

Entegris Company Profile

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.