Cynosure Group LLC Invests $573,000 in Entegris, Inc. $ENTG

Cynosure Group LLC bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG) in the 4th quarter, HoldingsChannel reports. The fund bought 6,804 shares of the semiconductor company’s stock, valued at approximately $573,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Entegris by 0.3% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock worth $2,645,000 after acquiring an additional 100 shares in the last quarter. Northwestern Mutual Investment Management Company LLC increased its stake in Entegris by 0.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after buying an additional 127 shares during the last quarter. TD Private Client Wealth LLC increased its stake in Entegris by 13.3% in the 4th quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock valued at $97,000 after buying an additional 135 shares during the last quarter. CIBC Asset Management Inc lifted its position in shares of Entegris by 2.1% during the 4th quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock worth $564,000 after buying an additional 140 shares in the last quarter. Finally, National Bank of Canada FI lifted its position in shares of Entegris by 7.5% during the 3rd quarter. National Bank of Canada FI now owns 2,154 shares of the semiconductor company’s stock worth $199,000 after buying an additional 151 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Oppenheimer reissued an “outperform” rating and set a $160.00 target price on shares of Entegris in a research report on Friday, May 1st. Citigroup reissued a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. The Goldman Sachs Group reissued a “sell” rating and set a $115.00 target price on shares of Entegris in a research report on Friday, May 1st. Zacks Research cut shares of Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Finally, Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Seven equities 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 company. According to MarketBeat, Entegris currently has an average rating of “Moderate Buy” and an average price target of $154.33.

Insider Transactions at Entegris

In other Entegris news, SVP Susan G. Rice sold 19,893 shares of the business’s stock in a transaction 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 sale, the senior vice president directly owned 69,038 shares in the company, valued at $9,171,007.92. The trade was a 22.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Olivier Blachier sold 2,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $140.04, for a total value of $280,080.00. Following the completion of the sale, the senior vice president owned 34,897 shares in the company, valued at approximately $4,886,975.88. The trade was a 5.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 107,867 shares of company stock valued at $15,215,629. 0.53% of the stock is currently owned by insiders.

Entegris Stock Up 8.2%

Entegris stock opened at $162.89 on Tuesday. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $168.00. The firm has a 50 day moving average price of $139.53 and a 200-day moving average price of $119.60. The company has a market capitalization of $24.84 billion, a P/E ratio of 94.16, a P/E/G ratio of 1.87 and a beta of 1.37. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91.

Entegris (NASDAQ:ENTG) last released its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The firm had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. During the same period in the prior year, the firm earned $0.67 EPS. The company’s revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, equities analysts predict that Entegris, Inc. will post 3.6 EPS for the current year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were paid a $0.10 dividend. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. Entegris’s payout ratio is presently 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.