Alliancebernstein L.P. Boosts Stock Position in Entegris, Inc. $ENTG

Key Points

• Alliancebernstein L.P. increased its stake in Entegris, Inc. by 210.2% in Q1, owning approximately $16.93 million worth of shares as of the latest SEC filing.
• Entegris recently reported $792.4 million in revenue for the last quarter, beating analyst expectations, although their revenue decreased by 2.5% year over year.
• The company declared a quarterly dividend of $0.10 per share, translating to an annualized dividend yield of 0.5%.

Alliancebernstein L.P. increased its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 210.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 193,531 shares of the semiconductor company's stock after acquiring an additional 131,135 shares during the quarter. Alliancebernstein L.P. owned about 0.13% of Entegris worth $16,930,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ENTG. Graham Capital Management L.P. purchased a new stake in Entegris in the fourth quarter worth $684,000. Laird Norton Wetherby Wealth Management LLC lifted its stake in Entegris by 4.0% in the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 5,218 shares of the semiconductor company's stock worth $517,000 after acquiring an additional 200 shares during the period. Nissay Asset Management Corp Japan ADV lifted its position in Entegris by 2.3% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 50,595 shares of the semiconductor company's stock valued at $5,149,000 after buying an additional 1,120 shares during the period. Man Group plc purchased a new position in Entegris during the fourth quarter valued at $360,000. Finally, Quantinno Capital Management LP lifted its position in Entegris by 11.6% during the fourth quarter. Quantinno Capital Management LP now owns 34,797 shares of the semiconductor company's stock valued at $3,447,000 after buying an additional 3,607 shares during the period.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Needham & Company LLC reissued a "buy" rating and set a $100.00 price objective on shares of Entegris in a research report on Tuesday, May 20th. UBS Group lowered their price objective on Entegris from $95.00 to $90.00 and set a "neutral" rating for the company in a research report on Thursday, July 31st. Wall Street Zen lowered Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, August 2nd. Mizuho raised their price objective on Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a research report on Tuesday, July 15th. Finally, The Goldman Sachs Group started coverage on Entegris in a research report on Thursday, July 10th. They set a "neutral" rating and a $85.00 price objective for the company. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $105.30.

Insider Transactions at Entegris

In other Entegris news, SVP Clinton M. Haris sold 3,627 shares of the business's stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $90.00, for a total transaction of $326,430.00. Following the completion of the sale, the senior vice president directly owned 37,743 shares in the company, valued at $3,396,870. The trade was a 8.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Susan G. Rice sold 8,858 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total value of $707,222.72. Following the sale, the senior vice president owned 56,912 shares of the company's stock, valued at approximately $4,543,854.08. This represents a 13.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

Entegris Stock Performance

NASDAQ ENTG traded down $0.51 during trading hours on Wednesday, hitting $92.10. The company's stock had a trading volume of 2,156,226 shares, compared to its average volume of 2,476,766. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $117.88. The company's 50 day simple moving average is $83.43 and its two-hundred day simple moving average is $81.86. The company has a market cap of $13.96 billion, a P/E ratio of 47.47 and a beta of 1.29. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.65 by $0.01. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The company had revenue of $792.40 million during the quarter, compared to the consensus estimate of $753.85 million. During the same period last year, the company earned $0.71 EPS. Entegris's revenue for the quarter was down 2.5% on a year-over-year basis. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. As a group, sell-side analysts expect that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Wednesday, July 30th. Entegris's payout ratio is currently 20.62%.

Entegris Company Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).