Entegris, Inc. $ENTG Shares Sold by Comerica Bank

Key Points

• Comerica Bank trimmed its stake by 65.6%, selling 217,180 Entegris shares in Q4 and now holds 113,905 shares worth roughly $9.6 million (about 0.08% of the company).
• Significant insider selling has occurred recently—SVP Daniel Woodland sold 30,474 shares and Bertrand Loy sold 65,250 shares, with insiders offloading 283,645 shares (~$37.97M) over the past 90 days; insiders now own about 0.53% of Entegris.
• Analyst opinions are mixed: KeyCorp and UBS raised price targets (to $156 and $185), while Deutsche Bank and Zacks cut ratings; MarketBeat shows a consensus "Hold" and a $137.67 target price.

Comerica Bank trimmed its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 65.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 113,905 shares of the semiconductor company's stock after selling 217,180 shares during the quarter. Comerica Bank owned approximately 0.08% of Entegris worth $9,596,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Verdence Capital Advisors LLC increased its stake in shares of Entegris by 2.7% in the third quarter. Verdence Capital Advisors LLC now owns 4,817 shares of the semiconductor company's stock worth $454,000 after purchasing an additional 126 shares during the period. National Bank of Canada FI increased its stake in shares of Entegris by 7.5% in the third quarter. National Bank of Canada FI now owns 2,154 shares of the semiconductor company's stock worth $199,000 after purchasing an additional 151 shares during the period. Allworth Financial LP increased its stake in shares of Entegris by 31.6% in the third quarter. Allworth Financial LP now owns 637 shares of the semiconductor company's stock worth $59,000 after purchasing an additional 153 shares during the period. Argent Trust Co increased its stake in shares of Entegris by 2.7% in the third quarter. Argent Trust Co now owns 7,000 shares of the semiconductor company's stock worth $647,000 after purchasing an additional 184 shares during the period. Finally, Blair William & Co. IL increased its stake in shares of Entegris by 1.9% in the third quarter. Blair William & Co. IL now owns 10,121 shares of the semiconductor company's stock worth $936,000 after purchasing an additional 187 shares during the period.

Insider Activity

In other news, SVP Daniel D. Woodland sold 30,474 shares of the company's stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $130.65, for a total value of $3,981,428.10. Following the sale, the senior vice president directly owned 46,904 shares in the company, valued at approximately $6,128,007.60. This represents a 39.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Bertrand Loy sold 65,250 shares of the company's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $119.61, for a total value of $7,804,552.50. Following the completion of the sale, the insider owned 306,422 shares in the company, valued at approximately $36,651,135.42. This represents a 17.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 283,645 shares of company stock valued at $37,970,163. Corporate insiders own 0.53% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ENTG. KeyCorp lifted their price objective on Entegris from $111.00 to $156.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 11th. Mizuho set a $150.00 price objective on Entegris in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft lowered Entegris from a "buy" rating to a "hold" rating and set a $105.00 price objective on the stock. in a research note on Tuesday, February 3rd. Zacks Research lowered Entegris from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 23rd. Finally, UBS Group lifted their price objective on Entegris from $150.00 to $185.00 and gave the stock a "buy" rating in a research note on Tuesday, April 21st. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $137.67.

Entegris Trading Up 3.2%

Shares of ENTG opened at $149.37 on Thursday. Entegris, Inc. has a 12-month low of $66.32 and a 12-month high of $159.15. The company has a quick ratio of 2.04, a current ratio of 3.35 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $22.70 billion, a price-to-earnings ratio of 96.99, a P/E/G ratio of 2.94 and a beta of 1.32. The stock's 50-day moving average price is $128.11 and its 200 day moving average price is $107.60.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.03. Entegris had a return on equity of 10.87% and a net margin of 7.37%.The firm had revenue of $823.90 million for the quarter, compared to analyst estimates of $811.04 million. During the same period in the previous year, the company posted $0.84 earnings per share. The company's quarterly revenue was down 3.0% compared to the same quarter last year. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. As a group, research analysts predict that Entegris, Inc. will post 3.4 earnings per share for the current year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date is Wednesday, April 29th. Entegris's payout ratio is currently 25.97%.

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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