3,250 Entegris, Inc. $ENTG Shares Acquired by Salem Investment Counselors Inc.

by · The Markets Daily

Salem Investment Counselors Inc. raised its holdings in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) by 4.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,804 shares of the semiconductor company’s stock after purchasing an additional 3,250 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Entegris were worth $12,449,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Entegris during the second quarter valued at about $3,683,556,000. Primecap Management Co. CA bought a new position in Entegris in the 2nd quarter valued at about $562,141,000. Bank of America Corp DE bought a new position in Entegris in the 2nd quarter valued at about $489,403,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Entegris during the 2nd quarter valued at about $486,101,000. Finally, Bank of New York Mellon Corp bought a new stake in Entegris during the 2nd quarter worth approximately $248,869,000.

Insider Activity at Entegris

In related news, insider Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the sale, the insider owned 34,997 shares in the company, valued at approximately $5,622,618.02. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan Rice sold 2,062 shares of Entegris stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the sale, the senior vice president directly owned 66,976 shares in the company, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is owned by company insiders.

Entegris Stock Up 0.7%

ENTG stock opened at $161.16 on Wednesday. The stock has a market cap of $24.58 billion, a P/E ratio of 80.98, a P/E/G ratio of 1.47 and a beta of 1.40. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83. The stock’s fifty day simple moving average is $147.56 and its two-hundred day simple moving average is $143.06. Entegris, Inc. has a 1-year low of $67.97 and a 1-year high of $186.94.

Entegris (NASDAQ:ENTG – Get Free Report) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.11. The firm had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%. The business’s revenue was up 11.5% compared to the same quarter last year. During the same period last year, the firm posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Analysts expect that Entegris, Inc. will post 3.93 EPS for the current year.

Wall Street Analysts Forecast Growth

ENTG has been the subject of several analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. BMO Capital Markets raised their price objective on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Mizuho lifted their price objective on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Finally, Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $177.27.

Get Our Latest Research Report on Entegris

Entegris Profile

(Free Report)

Entegris, Inc is a global supplier of advanced materials and process solutions used in the semiconductor and other high-technology industries. The company helps manufacturers protect, purify, transport and process the highly sensitive materials used to produce integrated circuits, memory devices and other electronic components.

Its products and services include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and wafer-shipping products, contamination-control solutions, chemical-mechanical planarization materials, deposition materials and solutions for semiconductor packaging.

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