Principal Financial Group Inc. Decreases Holdings in Entegris, Inc. $ENTG

Key Points

• Principal Financial Group trimmed its stake in Entegris by 1.0% in Q4, selling 59,184 shares and holding 5,817,087 shares (a 3.84% stake) valued at $490,093,000.
• Entegris beat Q1 estimates with $0.86 EPS vs. $0.75 expected and $811.9M revenue vs. $808.7M, and set Q2 guidance of $0.76–$0.84 per share (consensus target price ~$153.78).
• The company announced a quarterly dividend of $0.10 (annualized $0.40, yield ~0.3%), while insiders sold 218,395 shares worth about $30.2M over the last 90 days, leaving insiders owning 0.53% of the stock.

Principal Financial Group Inc. trimmed its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,817,087 shares of the semiconductor company's stock after selling 59,184 shares during the period. Principal Financial Group Inc. owned 3.84% of Entegris worth $490,093,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ENTG. California Public Employees Retirement System lifted its holdings in Entegris by 7.5% during the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company's stock valued at $15,573,000 after purchasing an additional 13,544 shares in the last quarter. Squarepoint Ops LLC lifted its holdings in Entegris by 66.3% during the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company's stock valued at $3,680,000 after purchasing an additional 18,195 shares in the last quarter. Treasurer of the State of North Carolina lifted its holdings in Entegris by 1.6% during the second quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company's stock valued at $5,647,000 after purchasing an additional 1,114 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company's stock valued at $16,196,000 after purchasing an additional 7,292 shares in the last quarter. Finally, Diversify Advisory Services LLC purchased a new position in Entegris during the second quarter valued at $241,000.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $138.96 on Tuesday. The firm has a 50-day simple moving average of $128.28 and a 200-day simple moving average of $108.07. The stock has a market capitalization of $21.12 billion, a price-to-earnings ratio of 80.32, a price-to-earnings-growth ratio of 2.55 and a beta of 1.40. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. 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 issued its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating analysts' consensus estimates 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 period in the prior year, the business earned $0.67 earnings per share. The company's quarterly revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, equities analysts predict that Entegris, Inc. will post 3.56 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th will be issued a $0.10 dividend. 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 presently 23.12%.

Wall Street Analyst Weigh In

ENTG has been the topic of several recent analyst reports. Needham & Company LLC increased 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. The Goldman Sachs Group reaffirmed a "sell" rating and set a $115.00 price objective on shares of Entegris in a report on Friday. Zacks Research downgraded shares of Entegris from a "strong-buy" rating to a "hold" rating in a report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft cut shares of Entegris from a "buy" rating to a "hold" rating and set a $105.00 target price for the company. in a research report on Tuesday, February 3rd. Finally, Citigroup reiterated a "buy" rating on shares of Entegris in a research report on Thursday. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $153.78.

Insider Buying and Selling

In other Entegris news, SVP Joseph Colella sold 1,592 shares of the business's stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $115.57, for a total value of $183,987.44. Following the transaction, the senior vice president directly owned 50,121 shares in the company, valued at $5,792,483.97. The trade was a 3.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Daniel D. Woodland sold 30,474 shares of the business's stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $130.65, for a total transaction of $3,981,428.10. Following the completion of the transaction, the senior vice president owned 46,904 shares in the company, valued at $6,128,007.60. The trade was a 39.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 218,395 shares of company stock worth $30,165,611 over the last ninety days. 0.53% of the stock is currently owned by 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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