Alliancebernstein L.P. Has $16.93 Million 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. raised its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 210.2% in the first quarter, according to the company in its most recent disclosure with the SEC. 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 approximately 0.13% of Entegris worth $16,930,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Personal CFO Solutions LLC lifted its holdings in Entegris by 6.0% during the 1st quarter. Personal CFO Solutions LLC now owns 2,466 shares of the semiconductor company's stock valued at $216,000 after purchasing an additional 140 shares during the last quarter. MAI Capital Management increased its holdings in shares of Entegris by 19.7% during the first quarter. MAI Capital Management now owns 864 shares of the semiconductor company's stock worth $76,000 after buying an additional 142 shares in the last quarter. First Hawaiian Bank increased its holdings in shares of Entegris by 0.9% during the first quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company's stock worth $1,381,000 after buying an additional 143 shares in the last quarter. Landscape Capital Management L.L.C. raised its stake in shares of Entegris by 7.5% in the first quarter. Landscape Capital Management L.L.C. now owns 2,345 shares of the semiconductor company's stock valued at $205,000 after acquiring an additional 164 shares during the last quarter. Finally, Evexia Wealth LLC boosted its holdings in shares of Entegris by 6.3% in the 1st quarter. Evexia Wealth LLC now owns 2,798 shares of the semiconductor company's stock worth $245,000 after acquiring an additional 166 shares in the last quarter.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Clinton M. Haris sold 3,627 shares of the firm'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 transaction, the senior vice president owned 37,743 shares in the company, valued at approximately $3,396,870. This trade represents a 8.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Susan G. Rice sold 8,858 shares of the business's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total value of $707,222.72. Following the transaction, the senior vice president owned 56,912 shares of the company's stock, valued at $4,543,854.08. The trade was a 13.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is owned by company insiders.

Analyst Ratings Changes

ENTG has been the subject of a number of recent analyst reports. Mizuho raised their price target on Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Oppenheimer started coverage on Entegris in a research note on Thursday, September 4th. They issued a "market perform" rating and a $95.00 target price for the company. Wall Street Zen cut Entegris from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Needham & Company LLC reissued a "buy" rating and set a $100.00 price objective on shares of Entegris in a report on Tuesday, May 20th. Finally, KeyCorp reaffirmed an "overweight" rating and issued a $103.00 target price (down from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $105.30.

Entegris Stock Up 5.2%

Shares of NASDAQ ENTG opened at $83.53 on Friday. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $117.88. The firm's 50-day moving average is $83.06 and its 200-day moving average is $82.15. The company has a current ratio of 3.30, a quick ratio of 1.95 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $12.66 billion, a PE ratio of 43.06 and a beta of 1.29.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.01. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The business had revenue of $792.40 million for the quarter, compared to analyst estimates of $753.85 million. During the same period in the prior year, the business posted $0.71 earnings per share. Entegris's revenue was down 2.5% compared to the same quarter last year. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. Equities analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, July 30th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, July 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. Entegris's dividend payout ratio is 20.62%.

Entegris 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).

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