Entegris, Inc. $ENTG Shares Purchased by Jump Financial LLC

Key Points

• Jump Financial LLC increased its stake in Entegris, Inc. by 1,150.3% during the first quarter, now owning 33,245 shares valued at approximately $2.9 million.
• Recent insider sales included SVP Clinton M. Haris, who sold 3,627 shares for over $326,000, and SVP Susan G. Rice, who sold 8,858 shares worth nearly $707,000.
• Despite recent analyst ratings adjustments, Entegris has a consensus rating of "Moderate Buy" with a price target average of $106.44.

Jump Financial LLC raised its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 1,150.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,245 shares of the semiconductor company's stock after acquiring an additional 30,586 shares during the quarter. Jump Financial LLC's holdings in Entegris were worth $2,908,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Costello Asset Management INC purchased a new position in shares of Entegris in the 1st quarter valued at about $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 in the last quarter. Quarry LP acquired a new stake in shares of Entegris during the 4th quarter valued at approximately $28,000. Neo Ivy Capital Management purchased a new stake in shares of Entegris during the 4th quarter worth approximately $34,000. Finally, Summit Securities Group LLC purchased a new stake in shares of Entegris during the 1st quarter worth approximately $36,000.

Insiders Place Their Bets

In other Entegris news, SVP Clinton M. Haris sold 3,627 shares of the firm's stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $90.00, for a total value of $326,430.00. Following the sale, the senior vice president directly owned 37,743 shares of the company's stock, valued at approximately $3,396,870. This trade represents a 8.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Susan G. Rice sold 8,858 shares of Entegris stock in a transaction dated Wednesday, August 13th. The shares were 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 owned 56,912 shares of the company's stock, valued at $4,543,854.08. This trade represents a 13.47% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.61% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ENTG. KeyCorp reaffirmed an "overweight" rating and set a $103.00 price objective (down from $112.00) on shares of Entegris in a report on Thursday, July 31st. UBS Group dropped their price target on Entegris from $95.00 to $90.00 and set a "neutral" rating for the company 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. Mizuho raised their target price on shares of Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Finally, Wall Street Zen cut shares of Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, August 2nd. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $106.44.

Entegris Price Performance

NASDAQ:ENTG opened at $85.63 on Wednesday. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $117.88. The firm has a market cap of $12.98 billion, a price-to-earnings ratio of 44.14 and a beta of 1.22. The company's 50-day moving average is $82.76 and its two-hundred day moving average is $84.02. The company has a current ratio of 3.30, a quick ratio of 1.95 and a debt-to-equity ratio of 1.04.

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

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, July 30th. 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).

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