London Co. of Virginia Sells 213,760 Shares of Entegris, Inc. $ENTG

London Co. of Virginia decreased its position in Entegris, Inc. (NASDAQ:ENTG) by 6.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,955,631 shares of the semiconductor company’s stock after selling 213,760 shares during the quarter. Entegris makes up approximately 2.1% of London Co. of Virginia’s portfolio, making the stock its 11th largest position. London Co. of Virginia’s holdings in Entegris were worth $346,519,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Invesco Ltd. lifted its position in shares of Entegris by 183.5% during the third quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock valued at $292,900,000 after purchasing an additional 2,050,473 shares in the last quarter. Norges Bank purchased a new position in Entegris during the fourth quarter worth about $158,669,000. Duquesne Family Office LLC bought a new stake in Entegris in the 2nd quarter worth about $132,741,000. Rafferty Asset Management LLC grew its position in Entegris by 64.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 1,970,734 shares of the semiconductor company’s stock worth $158,940,000 after purchasing an additional 771,650 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Entegris by 31.2% in the 2nd quarter. Bank of America Corp DE now owns 3,031,048 shares of the semiconductor company’s stock valued at $244,454,000 after buying an additional 720,467 shares during the last quarter.

Analysts Set New Price Targets

Several research firms have commented on ENTG. 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. Mizuho lifted their price target on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. BMO Capital Markets boosted their price objective on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. UBS Group boosted their price objective on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, Needham & Company LLC raised their target price on Entegris from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $164.22.

Entegris Stock Down 4.5%

Entegris stock opened at $129.15 on Friday. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The firm has a 50 day moving average price of $145.81 and a 200-day moving average price of $132.82. The company has a market capitalization of $19.70 billion, a P/E ratio of 74.65, a P/E/G ratio of 1.50 and a beta of 1.31. 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 posted its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, topping 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 company had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. During the same quarter in the previous year, the firm posted $0.67 EPS. Entegris’s revenue was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, equities analysts predict that Entegris, Inc. will post 3.65 EPS for the current year.

Entegris Announces Dividend

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 given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is currently 23.12%.

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 company’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 transaction, the senior vice president directly owned 34,897 shares in the company, valued at $4,886,975.88. This represents a 5.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 44,466 shares of company stock valued at $6,186,624. 0.53% of the stock is currently owned by insiders.

Entegris Company 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.