Entegris, Inc. $ENTG Stock Holdings Lessened by Ameriprise Financial Inc.

Key Points

• Ameriprise Financial Inc. has reduced its stake in Entegris, Inc. by 43.3%, now holding approximately 1.25 million shares valued at around $109 million.
• Recent analyst ratings for Entegris show a mixed sentiment, with seven analysts rating it as a Buy while UBS lowered its price target from $95 to $90.
• Entegris reported earnings of $0.66 per share for the last quarter, exceeding estimates, but its revenue declined by 2.5% year-over-year.

Ameriprise Financial Inc. trimmed its holdings in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 43.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,247,656 shares of the semiconductor company's stock after selling 951,505 shares during the quarter. Ameriprise Financial Inc. owned 0.82% of Entegris worth $109,143,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Costello Asset Management INC acquired a new stake in Entegris during the 1st quarter valued at approximately $26,000. Central Pacific Bank Trust Division increased its holdings in Entegris by 125.7% in the first quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock valued at $27,000 after buying an additional 171 shares during the last quarter. Quarry LP bought a new position in Entegris during the 4th quarter worth approximately $28,000. Neo Ivy Capital Management acquired a new position in shares of Entegris in the 4th quarter worth approximately $34,000. Finally, Summit Securities Group LLC bought a new stake in shares of Entegris in the 1st quarter valued at approximately $36,000.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ENTG shares. Mizuho raised their price objective on Entegris from $90.00 to $98.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 15th. Citigroup dropped their target price on shares of Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. UBS Group decreased their price target on shares of Entegris from $95.00 to $90.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. Wall Street Zen downgraded shares of Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, August 2nd. Finally, The Goldman Sachs Group began coverage on shares of Entegris in a report on Thursday, July 10th. They issued a "neutral" rating and a $85.00 target price on the stock. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Entegris currently has a consensus rating of "Moderate Buy" and a consensus target price of $106.44.

Entegris Price Performance

Entegris stock traded down $0.49 during midday trading on Friday, hitting $83.37. The company's stock had a trading volume of 1,385,234 shares, compared to its average volume of 3,292,993. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $117.88. The company has a quick ratio of 1.95, a current ratio of 3.30 and a debt-to-equity ratio of 1.04. The stock's 50-day moving average price is $83.07 and its 200-day moving average price is $83.86. The company has a market capitalization of $12.64 billion, a PE ratio of 42.99 and a beta of 1.22.

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

Entegris Announces Dividend

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

Insider Buying and Selling

In other news, SVP Clinton M. Haris sold 3,627 shares of the stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $90.00, for a total value of $326,430.00. Following the completion of the sale, the senior vice president owned 37,743 shares in the company, 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 this link. Also, SVP Susan G. Rice sold 8,858 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total value of $707,222.72. Following the completion of the sale, the senior vice president directly owned 56,912 shares of the company's stock, valued at approximately $4,543,854.08. This trade represents a 13.47% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.67% of the company's stock.

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).