Corient Private Wealth LLC Purchases 4,671 Shares of Entegris, Inc. $ENTG

by · The Cerbat Gem

Corient Private Wealth LLC lifted its position in shares of Entegris, Inc. (NASDAQ:ENTGFree Report) by 101.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 9,253 shares of the semiconductor company’s stock after purchasing an additional 4,671 shares during the quarter. Corient Private Wealth LLC’s holdings in Entegris were worth $783,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Ameriflex Group Inc. acquired a new position in shares of Entegris in the third quarter valued at $25,000. Steph & Co. acquired a new stake in shares of Entegris during the 4th quarter valued at about $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Entegris in the fourth quarter valued at about $29,000. Johnson Financial Group Inc. increased its stake in Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 236 shares during the period. Finally, Sound Income Strategies LLC raised its position in Entegris by 407.0% in the fourth quarter. Sound Income Strategies LLC now owns 507 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 407 shares in the last quarter.

Analysts Set New Price Targets

A number of research firms have weighed in on ENTG. Citigroup reaffirmed a “buy” rating on shares of Entegris in a report on Thursday, April 30th. UBS Group raised their target price on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Needham & Company LLC increased their price objective on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. The Goldman Sachs Group restated a “sell” rating and issued a $115.00 target price on shares of Entegris in a research note on Friday, May 1st. Finally, Wall Street Zen downgraded shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $156.56.

View Our Latest Stock Report on Entegris

Entegris Stock Performance

NASDAQ ENTG opened at $146.66 on Friday. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21. The stock’s 50 day moving average price is $148.53 and its two-hundred day moving average price is $127.33. The stock has a market capitalization of $22.37 billion, a price-to-earnings ratio of 84.77, a PEG ratio of 1.82 and a beta of 1.31.

Entegris (NASDAQ:ENTGGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.11. The company had revenue of $811.90 million during 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%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the business earned $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, analysts anticipate that Entegris, Inc. will post 3.6 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were 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 was Wednesday, April 29th. Entegris’s dividend payout ratio is currently 23.12%.

Insider Activity at Entegris

In related news, SVP Joseph Colella sold 6,326 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $140.17, for a total transaction of $886,715.42. Following the sale, the senior vice president owned 50,121 shares in the company, valued at approximately $7,025,460.57. This represents a 11.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director James P. Lederer sold 3,569 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the transaction, the director directly owned 18,277 shares of the company’s stock, valued at $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 107,867 shares of company stock worth $15,215,629. Corporate insiders own 0.53% of the company’s stock.

About Entegris

(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

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