Jefferies Financial Group Inc. Takes Position in Entegris, Inc. $ENTG

Key Points

• Jefferies Financial Group opened a new position in Entegris during the fourth quarter, buying 16,555 shares worth about $1.395 million.
• Institutional interest in Entegris remains strong, with several large hedge funds adding to or initiating positions, including major moves by Capital Research Global Investors, Van ECK Associates, and Invesco.
• Entegris reported better-than-expected quarterly earnings of $0.86 per share on revenue of $811.9 million, while analysts currently rate the stock a Moderate Buy with a consensus target price of $153.78.

Jefferies Financial Group Inc. acquired a new stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 16,555 shares of the semiconductor company's stock, valued at approximately $1,395,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ENTG. Capital Research Global Investors purchased a new position in shares of Entegris in the 3rd quarter valued at about $644,841,000. Van ECK Associates Corp boosted its stake in shares of Entegris by 1,721.7% in the 3rd quarter. Van ECK Associates Corp now owns 2,173,165 shares of the semiconductor company's stock valued at $200,931,000 after buying an additional 2,053,869 shares during the period. Invesco Ltd. raised its holdings in shares of Entegris by 183.5% in the 3rd quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company's stock valued at $292,900,000 after purchasing an additional 2,050,473 shares in the last quarter. Duquesne Family Office LLC acquired a new stake in shares of Entegris in the 2nd quarter valued at $132,741,000. Finally, Rafferty Asset Management LLC raised its holdings in shares of Entegris by 64.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 1,970,734 shares of the semiconductor company's stock valued at $158,940,000 after purchasing an additional 771,650 shares in the last quarter.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ENTG shares. Citigroup restated a "buy" rating on shares of Entegris in a report on Thursday, April 30th. The Goldman Sachs Group restated a "sell" rating and issued a $115.00 price objective on shares of Entegris in a report on Friday, May 1st. Needham & Company LLC raised their price objective on shares of Entegris from $150.00 to $165.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Weiss Ratings upgraded shares of Entegris from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, May 6th. Finally, UBS Group increased their price objective on Entegris from $185.00 to $205.00 and gave the company a "buy" rating in a report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $153.78.

Insiders Place Their Bets

In other news, SVP Susan G. Rice sold 19,893 shares of the business's stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $132.84, for a total value of $2,642,586.12. Following the completion of the sale, the senior vice president directly owned 69,038 shares of the company's stock, valued at approximately $9,171,007.92. The trade was a 22.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Clinton M. Haris sold 5,830 shares of the business's stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $144.57, for a total value of $842,843.10. Following the completion of the sale, the senior vice president directly owned 54,961 shares of the company's stock, valued at $7,945,711.77. The trade was a 9.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 97,450 shares of company stock worth $13,681,230. Corporate insiders own 0.53% of the company's stock.

Entegris Trading Down 1.5%

Shares of Entegris stock opened at $140.00 on Thursday. The company has a fifty day simple moving average of $133.46 and a 200-day simple moving average of $113.93. Entegris, Inc. has a 12-month low of $66.32 and a 12-month high of $159.15. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. The stock has a market cap of $21.35 billion, a price-to-earnings ratio of 80.92, a PEG ratio of 1.77 and a beta of 1.39.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.11. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The business had revenue of $811.90 million during the quarter, compared to analysts' expectations of $808.72 million. During the same quarter in the prior year, the business posted $0.67 EPS. The company's revenue for the quarter was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, equities analysts forecast that Entegris, Inc. will post 3.59 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were issued a $0.10 dividend. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris's dividend payout ratio is presently 23.12%.

About Entegris

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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