New York State Teachers Retirement System Purchases 6,900 Shares of Entegris, Inc. $ENTG

Key Points

• New York State Teachers Retirement System raised its stake in Entegris by 10.6%, buying 6,900 shares to hold 71,873 shares valued at about $6.06 million at the end of the quarter.
• Entegris beat expectations last quarter with $0.86 EPS vs. $0.75 expected and $811.9M revenue (up 5% YoY), set Q2 guidance of $0.76–$0.84, and has a consensus analyst rating of "Moderate Buy" with a $153.78 target.
• Insider activity was notable: insiders sold roughly 218,395 shares (~$30.17M) in the last quarter, leaving insiders owning just 0.53% of the company.

New York State Teachers Retirement System grew its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 10.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 71,873 shares of the semiconductor company's stock after purchasing an additional 6,900 shares during the period. New York State Teachers Retirement System's holdings in Entegris were worth $6,055,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Ameriflex Group Inc. bought a new stake in shares of Entegris in the third quarter valued at about $25,000. Steph & Co. bought a new stake in shares of Entegris in the fourth quarter valued at about $25,000. ORG Wealth Partners LLC lifted its holdings in shares of Entegris by 862.1% in the third quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 250 shares in the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of Entegris by 260.8% in the third quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 206 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Entegris in the fourth quarter valued at about $29,000.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on ENTG shares. Mizuho set a $175.00 price target on Entegris in a report on Friday. KeyCorp boosted their price target on Entegris from $111.00 to $156.00 and gave the company an "overweight" rating in a report on Wednesday, February 11th. The Goldman Sachs Group restated a "sell" rating and issued a $115.00 price target on shares of Entegris in a report on Friday. Needham & Company LLC boosted their price target on Entegris from $150.00 to $165.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Finally, Citigroup reaffirmed a "buy" rating on shares of Entegris in a research report on Thursday, April 30th. Seven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $153.78.

Entegris Price Performance

NASDAQ:ENTG opened at $149.29 on Wednesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21. The stock's 50-day simple moving average is $128.58 and its 200 day simple moving average is $108.45. The company has a market cap of $22.77 billion, a P/E ratio of 86.29, a P/E/G ratio of 1.73 and a beta of 1.39. Entegris, Inc. has a 52-week low of $66.32 and a 52-week high of $159.15.

Entegris (NASDAQ:ENTG - Get Free Report) last released its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.11. The business had revenue of $811.90 million for the quarter, compared to the consensus estimate of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.Entegris's quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, sell-side 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 will be paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, April 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris's payout ratio is currently 23.12%.

Insiders Place Their Bets

In other Entegris news, SVP Joseph Colella sold 1,592 shares of the business's stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $115.57, for a total transaction of $183,987.44. Following the transaction, the senior vice president owned 50,121 shares of the company's stock, valued at $5,792,483.97. The trade was a 3.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Linda Lagorga sold 11,438 shares of the business's stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $135.00, for a total value of $1,544,130.00. Following the transaction, the chief financial officer directly owned 33,810 shares in the company, valued at approximately $4,564,350. This trade represents a 25.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 218,395 shares of company stock valued at $30,165,611 in the last quarter. 0.53% of the stock is currently owned by corporate insiders.

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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