Clifford Swan Investment Counsel LLC Has $29.42 Million Holdings in Entegris, Inc. $ENTG

Key Points

• Clifford Swan Investment Counsel reduced its Entegris stake by 14.5% in the second quarter, selling 27,646 shares. It retained 163,566 shares valued at approximately $29.42 million.
• Entegris exceeded quarterly expectations, reporting $0.93 in EPS versus the $0.82 consensus estimate and revenue of $883.2 million, up 11.5% year over year. The company issued third-quarter EPS guidance of $0.96–$1.04.
• Analyst sentiment remains positive, with a consensus “Buy” rating and $170.89 price target; several firms recently upgraded the stock or raised their targets. Meanwhile, insiders sold 11,547 shares worth about $1.79 million during the last quarter.

Clifford Swan Investment Counsel LLC lowered its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 14.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 163,566 shares of the semiconductor company's stock after selling 27,646 shares during the period. Entegris accounts for approximately 0.9% of Clifford Swan Investment Counsel LLC's portfolio, making the stock its 29th largest position. Clifford Swan Investment Counsel LLC owned 0.11% of Entegris worth $29,419,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in Entegris during the 2nd quarter worth about $3,683,556,000. Primecap Management Co. CA acquired a new position in shares of Entegris in the 2nd quarter valued at about $562,141,000. Bank of America Corp DE bought a new stake in shares of Entegris during the 2nd quarter valued at about $489,403,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Entegris during the 2nd quarter valued at about $486,101,000. Finally, Invesco Ltd. grew its stake in Entegris by 183.5% during the third quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company's stock worth $292,900,000 after purchasing an additional 2,050,473 shares during the period.

Insider Activity at Entegris

In related news, SVP Susan G. Rice sold 2,062 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the transaction, the senior vice president owned 66,976 shares in the company, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Joseph Colella sold 3,916 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president directly 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 disclosure for this sale is available in the SEC filing. Insiders sold 11,547 shares of company stock valued at $1,786,207 over the last quarter. 0.53% of the stock is currently owned by insiders.

Entegris Trading Up 0.3%

Shares of Entegris stock opened at $135.29 on Tuesday. The firm has a market cap of $20.63 billion, a PE ratio of 67.98, a P/E/G ratio of 1.24 and a beta of 1.35. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. The stock has a fifty day moving average price of $144.42 and a 200-day moving average price of $138.06.

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

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, July 29th. Entegris's dividend payout ratio is currently 20.10%.

Wall Street Analyst Weigh In

ENTG has been the topic of a number of research reports. Needham & Company LLC upped their price target on Entegris from $165.00 to $170.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. The Goldman Sachs Group raised Entegris from a "sell" rating to a "buy" rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft upgraded Entegris from a "hold" rating to a "buy" rating and boosted their price objective for the company from $152.00 to $200.00 in a report on Wednesday, August 12th. BMO Capital Markets upped their target price on Entegris from $153.00 to $167.00 and gave the stock an "outperform" rating in a research report on Monday, July 6th. Finally, Mizuho increased their target price on Entegris from $180.00 to $200.00 and gave the stock an "outperform" rating in a report on Wednesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $170.89.

Entegris Company 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.

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