CW Advisors LLC Has $3.33 Million Stock Position in Entegris, Inc. $ENTG

Key Points

• CW Advisors LLC increased its stake in Entegris, Inc. by 28.4% during the first quarter, owning a total of 38,094 shares valued at approximately $3.33 million.
• Multiple large investors, including Principal Financial Group and Price T Rowe Associates, also significantly increased their holdings in Entegris, indicating strong institutional interest in the semiconductor company.
• Entegris reported a quarterly earnings per share of $0.66, beating expectations, with revenue of $792.4 million, despite a 2.5% year-over-year decline.

CW Advisors LLC raised its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 28.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,094 shares of the semiconductor company's stock after acquiring an additional 8,431 shares during the quarter. CW Advisors LLC's holdings in Entegris were worth $3,334,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Principal Financial Group Inc. increased its holdings in shares of Entegris by 235.8% during the first quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company's stock worth $438,642,000 after purchasing an additional 3,520,997 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Entegris by 21.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 13,555,677 shares of the semiconductor company's stock worth $1,185,852,000 after buying an additional 2,361,065 shares during the last quarter. Deutsche Bank AG grew its stake in shares of Entegris by 434.1% during the fourth quarter. Deutsche Bank AG now owns 1,470,162 shares of the semiconductor company's stock worth $145,634,000 after buying an additional 1,194,903 shares during the last quarter. TPG GP A LLC bought a new stake in shares of Entegris during the fourth quarter worth $115,639,000. Finally, Bank of New York Mellon Corp grew its stake in shares of Entegris by 85.5% during the first quarter. Bank of New York Mellon Corp now owns 1,035,330 shares of the semiconductor company's stock worth $90,571,000 after buying an additional 477,347 shares during the last quarter.

Insiders Place Their Bets

In related news, SVP Clinton M. Haris sold 3,627 shares of Entegris stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $90.00, for a total value of $326,430.00. Following the transaction, the senior vice president owned 37,743 shares in the company, valued at $3,396,870. This trade represents a 8.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $79.84, for a total transaction of $707,222.72. Following the completion of the transaction, the senior vice president owned 56,912 shares in the company, valued at $4,543,854.08. The trade was a 13.47% decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. UBS Group reduced their price objective on shares of Entegris from $95.00 to $90.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. KeyCorp reissued an "overweight" rating and set a $103.00 price objective (down previously from $112.00) on shares of Entegris in a research report on Thursday, July 31st. Mizuho increased their price objective on shares of Entegris from $90.00 to $98.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Citigroup lowered 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. Finally, Needham & Company LLC restated a "buy" rating and issued a $100.00 target price on shares of Entegris in a report on Tuesday, May 20th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $106.44.

Entegris Stock Performance

NASDAQ ENTG opened at $87.76 on Friday. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $119.95. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.95 and a current ratio of 3.30. The company has a market capitalization of $13.30 billion, a P/E ratio of 45.24 and a beta of 1.22. The company has a fifty day moving average of $82.41 and a 200-day moving average of $84.33.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $0.01. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The company had revenue of $792.40 million during the quarter, compared to the consensus estimate of $753.85 million. During the same period in the previous year, the firm posted $0.71 EPS. The firm'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. As a group, equities research analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Investors of record on Wednesday, July 30th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Wednesday, July 30th. Entegris's dividend payout ratio (DPR) is presently 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).

Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. (NASDAQ:ENTG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.