Entegris, Inc. $ENTG Stock Holdings Decreased by American Century Companies Inc.

Key Points

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American Century Companies Inc. cut its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 27.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,070,235 shares of the semiconductor company's stock after selling 413,968 shares during the period. American Century Companies Inc. owned about 0.71% of Entegris worth $93,624,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Costello Asset Management INC bought a new stake in Entegris in the 1st quarter valued at about $26,000. Central Pacific Bank Trust Division lifted its position in Entegris by 125.7% in the 1st quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 171 shares during the last quarter. Quarry LP bought a new stake in Entegris in the 4th quarter valued at about $28,000. Neo Ivy Capital Management bought a new stake in Entegris in the 4th quarter valued at about $34,000. Finally, Curat Global LLC bought a new stake in Entegris in the 1st quarter valued at about $39,000.

Insider Activity at Entegris

In related news, SVP Clinton M. Haris sold 3,627 shares of the stock in a transaction that occurred on Thursday, July 17th. The shares were 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 of the company's stock, valued at $3,396,870. This represents a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Susan G. Rice sold 8,858 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total transaction of $707,222.72. Following the sale, the senior vice president directly 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. 0.67% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on ENTG shares. UBS Group cut their price objective on shares of Entegris from $95.00 to $90.00 and set a "neutral" rating on the stock in a research report on Thursday, July 31st. KeyCorp reiterated an "overweight" rating and issued a $103.00 price objective (down from $112.00) on shares of Entegris in a research report on Thursday, July 31st. Needham & Company LLC reiterated a "buy" rating and issued a $100.00 price objective on shares of Entegris in a research report on Tuesday, May 20th. Citigroup cut their price objective on shares of Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Finally, Wall Street Zen downgraded shares of Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, August 2nd. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Entegris currently has an average rating of "Moderate Buy" and a consensus price target of $106.44.

Entegris Price Performance

Shares of ENTG stock traded up $5.6710 during midday trading on Friday, reaching $87.7610. 2,472,529 shares of the company were exchanged, compared to its average volume of 3,299,432. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $119.95. The company has a market cap of $13.30 billion, a P/E ratio of 45.24 and a beta of 1.22. The company's 50 day moving average price is $82.16 and its two-hundred day moving average price is $84.55. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.95 and a current ratio of 3.30.

Entegris (NASDAQ:ENTG - Get Free Report) last released its earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 EPS 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 during the quarter, compared to analyst estimates of $753.85 million. During the same period in the prior year, the business earned $0.71 earnings per share. The business's quarterly revenue was down 2.5% on a year-over-year basis. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, sell-side analysts expect that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Investors of record on Wednesday, July 30th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, July 30th. This represents a $0.40 annualized dividend and a yield of 0.5%. Entegris's dividend payout ratio is currently 20.62%.

About Entegris

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).