Entegris, Inc. $ENTG Shares Sold by Voya Investment Management LLC

Key Points

• Voya Investment Management LLC has reduced its stake in Entegris, Inc. by 2.8%, selling 6,812 shares and now holding 232,515 shares valued at approximately $20.34 million.
• Entegris recently reported quarterly earnings of $0.66 per share, surpassing estimates, and announced a $0.10 quarterly dividend, contributing to a 0.5% dividend yield.
• Analysts maintain a consensus rating of "Moderate Buy" on Entegris shares, with a target price averaging $105.30, while some firms have set specific price targets ranging from $85.00 to $100.00.

Voya Investment Management LLC reduced its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 2.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 232,515 shares of the semiconductor company's stock after selling 6,812 shares during the quarter. Voya Investment Management LLC owned 0.15% of Entegris worth $20,340,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of ENTG. Vanguard Group Inc. boosted its stake in shares of Entegris by 2.3% during the first quarter. Vanguard Group Inc. now owns 15,553,199 shares of the semiconductor company's stock valued at $1,360,594,000 after purchasing an additional 351,053 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Entegris by 21.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 13,555,677 shares of the semiconductor company's stock valued at $1,185,852,000 after purchasing an additional 2,361,065 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Entegris by 235.8% during the first quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company's stock valued at $438,642,000 after purchasing an additional 3,520,997 shares in the last quarter. Select Equity Group L.P. boosted its stake in Entegris by 6.9% in the first quarter. Select Equity Group L.P. now owns 4,074,232 shares of the semiconductor company's stock valued at $356,414,000 after acquiring an additional 263,168 shares in the last quarter. Finally, Durable Capital Partners LP boosted its stake in Entegris by 43.3% in the first quarter. Durable Capital Partners LP now owns 2,914,417 shares of the semiconductor company's stock valued at $254,953,000 after acquiring an additional 881,198 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ENTG shares. KeyCorp restated an "overweight" rating and issued a $103.00 target price (down from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Oppenheimer initiated coverage on shares of Entegris in a report on Thursday, September 4th. They issued a "market perform" rating and a $95.00 price target for the company. Mizuho raised their price target on shares of Entegris from $90.00 to $98.00 and gave the stock an "outperform" rating in a report on Tuesday, July 15th. UBS Group decreased their price target on shares of Entegris from $95.00 to $90.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. Finally, The Goldman Sachs Group initiated coverage on shares of Entegris in a report on Thursday, July 10th. They issued a "neutral" rating and a $85.00 price target for the company. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Entegris has a consensus rating of "Moderate Buy" and an average price target of $105.30.

Insider Transactions at Entegris

In other news, SVP Clinton M. Haris sold 3,627 shares of the business's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $90.00, for a total transaction of $326,430.00. Following the completion of the sale, the senior vice president owned 37,743 shares of the company's stock, valued at $3,396,870. The trade was a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Susan G. Rice sold 8,858 shares of the business's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total transaction of $707,222.72. Following the sale, the senior vice president directly owned 56,912 shares of the company's stock, valued at $4,543,854.08. This represents a 13.47% decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by insiders.

Entegris Price Performance

Shares of Entegris stock traded down $2.65 during trading hours on Friday, reaching $93.32. The stock had a trading volume of 6,085,240 shares, compared to its average volume of 2,507,739. The stock's 50 day moving average is $83.70 and its 200 day moving average is $81.82. The firm has a market capitalization of $14.15 billion, a PE ratio of 48.10 and a beta of 1.29. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $117.88. The company has a current ratio of 3.30, a quick ratio of 1.95 and a debt-to-equity ratio of 1.04.

Entegris (NASDAQ:ENTG - Get Free Report) last released its earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.01. The business had revenue of $792.40 million during the quarter, compared to analysts' expectations of $753.85 million. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The company's quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.71 earnings per share. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. Equities analysts expect that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, July 30th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, July 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. Entegris's payout ratio is currently 20.62%.

Entegris Company Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).