Delta Global Management LP Invests $1.17 Million in Entegris, Inc. $ENTG

Delta Global Management LP bought a new stake in Entegris, Inc. (NASDAQ:ENTG) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 9,994 shares of the semiconductor company’s stock, valued at approximately $1,172,000.

A number of other large investors have also recently made changes to their positions in ENTG. OMERS ADMINISTRATION Corp increased its position in Entegris by 31.1% during the first quarter. OMERS ADMINISTRATION Corp now owns 7,060 shares of the semiconductor company’s stock worth $828,000 after buying an additional 1,676 shares during the period. Lombard Odier Asset Management Switzerland SA purchased a new stake in Entegris in the first quarter valued at approximately $563,000. Gabelli Funds LLC boosted its holdings in shares of Entegris by 3.0% in the first quarter. Gabelli Funds LLC now owns 55,300 shares of the semiconductor company’s stock valued at $6,483,000 after acquiring an additional 1,600 shares during the period. FCA Corp TX boosted its holdings in shares of Entegris by 3.7% in the first quarter. FCA Corp TX now owns 14,405 shares of the semiconductor company’s stock valued at $1,689,000 after acquiring an additional 520 shares during the period. Finally, Gibbs Wealth Management purchased a new position in shares of Entegris during the first quarter worth approximately $532,000.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Clinton M. Haris sold 6,848 shares of Entegris stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the sale, the senior vice president owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. The trade was a 11.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 19,893 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $132.84, for a total value of $2,642,586.12. Following the transaction, the senior vice president owned 69,038 shares in the company, valued at $9,171,007.92. The trade was a 22.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 44,466 shares of company stock valued at $6,186,624. Insiders own 0.53% of the company’s stock.

Wall Street Analysts Forecast Growth

ENTG has been the subject of several research reports. Needham & Company LLC upped their price target on shares of Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. BMO Capital Markets raised their price objective on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. The Goldman Sachs Group restated a “sell” rating and issued a $115.00 price objective on shares of Entegris in a research note on Friday, May 1st. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Finally, Mizuho increased their target price on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Seven research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $164.22.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $129.15 on Monday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. The stock has a fifty day moving average price of $145.81 and a 200 day moving average price of $133.10. Entegris, Inc. has a 1-year low of $67.97 and a 1-year high of $186.94. The company has a market cap of $19.70 billion, a PE ratio of 74.65, a P/E/G ratio of 1.50 and a beta of 1.31.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.11. The company had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. Entegris’s revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Sell-side analysts forecast that Entegris, Inc. will post 3.65 EPS for the current year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Wednesday, July 29th. Entegris’s payout ratio is 23.12%.

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.