Entegris, Inc. $ENTG Holdings Increased by Louisbourg Investments Inc.

Louisbourg Investments Inc. lifted its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 99.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,397 shares of the semiconductor company's stock after purchasing an additional 10,194 shares during the period. Louisbourg Investments Inc.'s holdings in Entegris were worth $3,142,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Man Group plc acquired a new stake in Entegris in the 2nd quarter valued at about $2,461,000. Deutsche Bank AG purchased a new position in shares of Entegris in the 2nd quarter valued at about $69,930,000. BlackRock Inc. acquired a new position in shares of Entegris during the second quarter worth about $3,683,556,000. SEB Asset Management AB acquired a new position in shares of Entegris during the first quarter worth about $5,423,000. Finally, Corient Private Wealth LLC grew its position in shares of Entegris by 101.9% during the fourth quarter. Corient Private Wealth LLC now owns 9,253 shares of the semiconductor company's stock worth $783,000 after buying an additional 4,671 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Entegris from a "hold" rating to a "buy" rating and upped their target price for the stock from $152.00 to $200.00 in a research note on Wednesday, August 12th. The Goldman Sachs Group upgraded shares of Entegris from a "sell" rating to a "buy" rating in a research note on Wednesday, August 12th. Mizuho lifted their price target on shares of Entegris from $180.00 to $200.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 1st. Freedom Capital upgraded shares of Entegris to a "strong-buy" rating in a report on Monday, August 3rd. Finally, Truist Financial started coverage on shares of Entegris in a research report on Wednesday, October 14th. They issued a "buy" rating and a $190.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Entegris currently has a consensus rating of "Buy" and an average price target of $181.67.

Entegris Stock Performance

NASDAQ:ENTG opened at $142.90 on Wednesday. Entegris, Inc. has a 12 month low of $67.97 and a 12 month 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 firm has a market capitalization of $21.79 billion, a PE ratio of 71.81, a price-to-earnings-growth ratio of 1.32 and a beta of 1.40. The business's fifty day moving average price is $147.39 and its 200 day moving average price is $144.13.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.11. The company had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%. Entegris's revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, sell-side analysts anticipate that Entegris, Inc. will post 3.93 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Wednesday, October 28th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, October 28th. Entegris's dividend payout ratio (DPR) is 20.10%.

Insider Transactions at Entegris

In related news, insider Olivier Blachier sold 2,000 shares of the company's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the transaction, the insider directly owned 34,997 shares of the company's stock, valued at $5,622,618.02. This represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the transaction, the senior vice president owned 50,297 shares in the company, valued at $8,272,850.56. This represents a 7.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 7,978 shares of company stock valued at $1,273,734. Corporate insiders own 0.53% of the company's stock.

Entegris Company Profile

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company's products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.

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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.