21,906 Shares in Entegris, Inc. $ENTG Purchased by Madison Asset Management LLC

Madison Asset Management LLC acquired a new stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 21,906 shares of the semiconductor company's stock, valued at approximately $3,940,000.

Other hedge funds also recently made changes to their positions in the company. Millstone Evans Group LLC raised its position in shares of Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company's stock valued at $31,000 after buying an additional 176 shares in the last quarter. First Horizon Corp increased its stake in Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company's stock worth $35,000 after acquiring an additional 178 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Entegris in the 4th quarter valued at $29,000. Elevated Capital Advisors LLC bought a new stake in shares of Entegris during the 1st quarter valued at $44,000. Finally, Johnson Financial Group Inc. grew its holdings in shares of Entegris by 147.5% during the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company's stock worth $33,000 after purchasing an additional 236 shares in the last quarter.

Insider Transactions at Entegris

In other news, SVP Joseph Colella sold 3,916 shares of the firm's stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the transaction, the senior vice president owned 50,297 shares of the company's stock, valued at approximately $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Clinton M. Haris sold 6,848 shares of Entegris stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the transaction, the senior vice president owned 54,961 shares in the company, valued at approximately $8,201,830.03. This trade represents a 11.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 18,395 shares of company stock worth $2,808,134. 0.53% of the stock is currently owned by insiders.

Entegris Price Performance

Entegris stock opened at $144.63 on Friday. The stock has a 50-day moving average price of $148.12 and a two-hundred day moving average price of $137.04. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a market capitalization of $22.06 billion, a PE ratio of 72.68, a P/E/G ratio of 1.33 and a beta of 1.35. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company had revenue of $883.20 million for the quarter, compared to analysts' expectations of $835.79 million. During the same period in the previous year, the business posted $0.66 earnings per share. The business's quarterly revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Analysts expect that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris's dividend payout ratio is 20.10%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on ENTG shares. Zacks Research raised 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 research report on Monday, July 6th. Deutsche Bank Aktiengesellschaft upgraded shares of Entegris from a "hold" rating to a "buy" rating and increased their price target for the stock from $152.00 to $200.00 in a research report on Wednesday, August 12th. Oppenheimer restated an "outperform" rating and set a $160.00 price objective on shares of Entegris in a research report on Friday, May 1st. Finally, Citigroup restated a "buy" rating on shares of Entegris in a research note on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $170.89.

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.

Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. (NASDAQ:ENTG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source