State of Wyoming Buys Shares of 3,633 Entegris, Inc. $ENTG

State of Wyoming purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,633 shares of the semiconductor company’s stock, valued at approximately $653,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Entegris in the 4th quarter worth about $29,000. Millstone Evans Group LLC lifted its holdings in Entegris by 191.3% during the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 176 shares during the last quarter. Johnson Financial Group Inc. boosted its position in Entegris by 147.5% during the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 236 shares during the period. First Horizon Corp boosted its position in Entegris by 147.1% during the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 178 shares during the period. Finally, Elevated Capital Advisors LLC purchased a new position in shares of Entegris in the first quarter worth about $44,000.

Analysts Set New Price Targets

ENTG has been the topic of several research reports. Needham & Company LLC boosted their price target on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Mizuho raised 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. Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. BMO Capital Markets boosted their target price on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Finally, Oppenheimer restated an “outperform” rating and set a $160.00 target price on shares of Entegris in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $170.89.

Entegris Price Performance

ENTG stock opened at $161.76 on Monday. The stock has a 50-day simple moving average of $146.89 and a two-hundred day simple moving average of $136.19. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The firm has a market capitalization of $24.67 billion, a PE ratio of 81.29, a PEG ratio of 1.49 and a beta of 1.35. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. During the same period in the prior year, the firm posted $0.66 earnings per share. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities analysts predict that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 annualized dividend and a yield of 0.2%. Entegris’s dividend payout ratio is currently 20.10%.

Insider Activity

In other news, SVP Joseph Colella sold 3,916 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James P. Lederer sold 3,569 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the completion of the sale, the director owned 18,277 shares in the company, valued at $2,624,394.43. This trade represents a 16.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 16,395 shares of company stock valued at $2,486,814 in the last quarter. 0.53% of the stock is currently owned by company insiders.

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.