Cantor Fitzgerald L. P. purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,945 shares of the semiconductor company’s stock, valued at approximately $1,012,000.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its stake in shares of Entegris by 5.7% in the third quarter. Bank of America Corp DE now owns 3,204,416 shares of the semiconductor company’s stock worth $296,280,000 after acquiring an additional 173,368 shares during the last quarter. Boothbay Fund Management LLC increased its holdings in shares of Entegris by 987.1% in the third quarter. Boothbay Fund Management LLC now owns 169,092 shares of the semiconductor company’s stock valued at $15,634,000 after purchasing an additional 153,537 shares in the last quarter. ArrowMark Colorado Holdings LLC acquired a new stake in shares of Entegris in the third quarter valued at approximately $21,880,000. Creative Planning raised its position in Entegris by 11.3% in the 3rd quarter. Creative Planning now owns 15,651 shares of the semiconductor company’s stock worth $1,447,000 after purchasing an additional 1,585 shares during the last quarter. Finally, Durable Capital Partners LP raised its position in Entegris by 23.2% in the 3rd quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock worth $348,115,000 after purchasing an additional 709,121 shares during the last quarter.
Analyst Ratings Changes
ENTG has been the topic of a number of recent research reports. The Goldman Sachs Group increased their price objective on Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a research report on Wednesday, February 11th. Needham & Company LLC reaffirmed a “strong-buy” rating on shares of Entegris in a research note on Tuesday, January 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, December 29th. UBS Group reiterated a “buy” rating and issued a $150.00 price objective on shares of Entegris in a research report on Monday, February 2nd. Finally, BMO Capital Markets reissued an “outperform” rating and set a $148.00 price objective on shares of Entegris in a report on Wednesday, February 11th. One research 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 company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $133.78.
Insider Transactions at Entegris
In other news, SVP Daniel D. Woodland sold 30,474 shares of Entegris stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $130.65, for a total transaction of $3,981,428.10. Following the transaction, the senior vice president owned 46,904 shares in the company, valued at $6,128,007.60. The trade was a 39.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Bertrand Loy sold 65,250 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $119.61, for a total value of $7,804,552.50. Following the sale, the insider directly owned 306,422 shares of the company’s stock, valued at approximately $36,651,135.42. The trade was a 17.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 226,074 shares of company stock valued at $29,640,758. Insiders own 0.61% of the company’s stock.
Entegris Stock Down 1.5%
Shares of NASDAQ:ENTG opened at $108.28 on Monday. The company has a 50 day moving average price of $119.62 and a two-hundred day moving average price of $98.47. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.04 and a current ratio of 3.35. The company has a market capitalization of $16.46 billion, a PE ratio of 70.31, a PEG ratio of 2.03 and a beta of 1.30. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $142.50.
Entegris (NASDAQ:ENTG – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share 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 company had revenue of $823.90 million for the quarter, compared to analysts’ expectations of $811.04 million. During the same period last year, the firm posted $0.84 earnings per share. The business’s quarterly revenue 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 forecast that Entegris, Inc. will post 3.51 earnings per share for the current year.
Entegris Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, January 28th. Entegris’s payout ratio is presently 25.97%.
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.
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