Pacer Advisors Inc. Cuts Position in Entegris, Inc. $ENTG

Key Points

• Pacer Advisors cut its Entegris stake by 93.4% in the first quarter, selling 254,306 shares and retaining 18,053 shares valued at approximately $2.1 million.
• Entegris reported stronger-than-expected quarterly results, with EPS of $0.93 versus the $0.82 consensus estimate and revenue of $883.2 million, up 11.5% year over year. The company guided for third-quarter EPS of $0.96–$1.04.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $165.56, while company insiders have sold 44,466 shares worth about $6.2 million over the past 90 days.

Pacer Advisors Inc. reduced its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 93.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,053 shares of the semiconductor company's stock after selling 254,306 shares during the quarter. Pacer Advisors Inc.'s holdings in Entegris were worth $2,117,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in ENTG. Steph & Co. bought a new position in Entegris in the fourth quarter worth about $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Entegris in the 4th quarter worth approximately $29,000. Millstone Evans Group LLC grew its position in shares of Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company's stock worth $31,000 after buying an additional 176 shares during the last quarter. Johnson Financial Group Inc. raised its stake in shares of Entegris by 147.5% during the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 236 shares in the last quarter. Finally, First Horizon Corp lifted its position in Entegris by 147.1% during the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company's stock valued at $35,000 after acquiring an additional 178 shares during the last quarter.

Entegris Price Performance

Shares of ENTG opened at $152.08 on Friday. The firm has a market capitalization of $23.19 billion, a PE ratio of 76.42, a price-to-earnings-growth ratio of 1.32 and a beta of 1.35. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 2.05. Entegris, Inc. has a 1-year low of $67.97 and a 1-year high of $186.94. The company's fifty day moving average price is $144.96 and its 200-day moving average price is $134.68.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its 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. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same quarter last year, the business posted $0.66 EPS. The firm's quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities research analysts predict that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, July 29th. Entegris's dividend payout ratio (DPR) is presently 20.10%.

Insider Transactions at Entegris

In related news, SVP Olivier Blachier sold 2,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $140.04, for a total value of $280,080.00. Following the transaction, the senior vice president owned 34,897 shares in the company, valued at approximately $4,886,975.88. This represents a 5.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Susan G. Rice sold 19,893 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the transaction, the senior vice president directly owned 69,038 shares of the company's stock, valued at $9,171,007.92. This represents a 22.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 44,466 shares of company stock valued at $6,186,624. 0.53% of the stock is owned by company insiders.

Analyst Ratings Changes

ENTG has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of Entegris from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Mizuho increased their price objective on Entegris from $180.00 to $200.00 and gave the company an "outperform" rating in a report on Wednesday, July 1st. Oppenheimer reissued an "outperform" rating and issued a $160.00 price objective on shares of Entegris in a research report on Friday, May 1st. Freedom Capital upgraded Entegris to a "strong-buy" rating in a research note on Monday, August 3rd. Finally, The Goldman Sachs Group reaffirmed a "sell" rating and set a $115.00 target price on shares of Entegris in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $165.56.

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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