Montanaro Asset Management Ltd Raises Stock Position in Entegris, Inc. $ENTG

Montanaro Asset Management Ltd raised its position in Entegris, Inc. (NASDAQ:ENTG) by 115.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,700 shares of the semiconductor company’s stock after purchasing an additional 56,100 shares during the quarter. Entegris comprises 2.5% of Montanaro Asset Management Ltd’s investment portfolio, making the stock its 17th biggest position. Montanaro Asset Management Ltd’s holdings in Entegris were worth $8,821,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. California Public Employees Retirement System lifted its holdings in Entegris by 7.5% in the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock valued at $15,573,000 after acquiring an additional 13,544 shares during the last quarter. Squarepoint Ops LLC grew its position in Entegris by 66.3% in the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock worth $3,680,000 after acquiring an additional 18,195 shares during the period. Treasurer of the State of North Carolina increased its stake in Entegris by 1.6% during the second quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock worth $5,647,000 after acquiring an additional 1,114 shares during the last quarter. Alliancebernstein L.P. increased its stake in Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock worth $16,196,000 after acquiring an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in Entegris in the second quarter valued at $241,000.

Insider Buying and Selling

In other Entegris news, 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 transaction of $280,080.00. Following the sale, the senior vice president directly owned 34,897 shares in the company, valued at approximately $4,886,975.88. The trade was a 5.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James P. Lederer sold 3,569 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total transaction of $512,472.71. Following the transaction, the director directly owned 18,277 shares in the company, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 107,867 shares of company stock valued at $15,215,629 in the last quarter. Corporate insiders own 0.53% of the company’s stock.

Entegris Price Performance

Shares of ENTG opened at $178.77 on Friday. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. The stock’s 50 day moving average is $143.26 and its two-hundred day moving average is $121.84. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $180.94. The firm has a market capitalization of $27.26 billion, a PE ratio of 103.34, a P/E/G ratio of 2.22 and a beta of 1.37.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. Entegris had a return on equity of 11.45% and a net margin of 8.18%.The business had revenue of $811.90 million during the quarter, compared to analysts’ expectations of $808.72 million. During the same period last year, the firm earned $0.67 EPS. The company’s quarterly 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. Research analysts anticipate that Entegris, Inc. will post 3.6 earnings per share for the current year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. Entegris’s dividend payout ratio (DPR) is 23.12%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ENTG. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. The Goldman Sachs Group reiterated a “sell” rating and set a $115.00 target price on shares of Entegris in a research note on Friday, May 1st. Citigroup reissued a “buy” rating on shares of Entegris in a report on Thursday, April 30th. UBS Group increased their price target on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Finally, Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $154.33.

Entegris Profile

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.