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Wilson Asset Management International PTY Ltd. Takes $2.73 Million Position in Entegris, Inc. $ENTG

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Key Points

  • Wilson Asset Management International purchased a new stake of 32,422 shares (~$2.73 million) in Entegris during the fourth quarter.
  • Company insiders sold a total of 218,395 shares (~$30.17 million) over the last quarter (including the CFO and Bertrand Loy), leaving corporate insiders with about 0.53% ownership.
  • Entegris beat quarterly expectations (EPS $0.86 vs. $0.75; revenue $811.9M vs. $808.7M), set Q2 guidance of $0.760–0.840 EPS, and carries a consensus analyst rating of "Moderate Buy" with an average price target of $153.78.
  • Five stocks we like better than Entegris.

Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 32,422 shares of the semiconductor company's stock, valued at approximately $2,732,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Truist Financial Corp increased its holdings in Entegris by 21.3% during the 3rd quarter. Truist Financial Corp now owns 63,312 shares of the semiconductor company's stock valued at $5,854,000 after acquiring an additional 11,119 shares in the last quarter. Freedom Financial Partners LLC increased its holdings in Entegris by 105.8% during the 4th quarter. Freedom Financial Partners LLC now owns 34,051 shares of the semiconductor company's stock valued at $2,869,000 after acquiring an additional 17,509 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Entegris by 10.1% during the 3rd quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company's stock valued at $543,325,000 after acquiring an additional 540,755 shares in the last quarter. Mediolanum International Funds Ltd purchased a new position in Entegris during the 3rd quarter valued at about $12,093,000. Finally, iA Global Asset Management Inc. purchased a new position in Entegris during the 3rd quarter valued at about $7,619,000.

Insider Buying and Selling at Entegris

In other news, CFO Linda Lagorga sold 11,438 shares of Entegris stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $135.00, for a total transaction of $1,544,130.00. Following the completion of the sale, the chief financial officer directly owned 33,810 shares in the company, valued at $4,564,350. The trade was a 25.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Bertrand Loy sold 44,138 shares of Entegris stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $144.41, for a total transaction of $6,373,968.58. Following the sale, the insider owned 227,527 shares of the company's stock, valued at approximately $32,857,174.07. This trade represents a 16.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 218,395 shares of company stock valued at $30,165,611. Corporate insiders own 0.53% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Citigroup restated a "buy" rating on shares of Entegris in a report on Thursday, April 30th. BMO Capital Markets restated an "outperform" rating and set a $148.00 target price on shares of Entegris in a report on Wednesday, February 11th. UBS Group raised their target price on shares of Entegris from $185.00 to $205.00 and gave the company a "buy" rating in a report on Friday. Needham & Company LLC raised their target price on shares of Entegris from $150.00 to $165.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Finally, Mizuho set a $175.00 target price on shares of Entegris in a report on Friday. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $153.78.

View Our Latest Research Report on ENTG

Entegris Stock Performance

Shares of NASDAQ ENTG opened at $149.29 on Wednesday. The company has a market cap of $22.77 billion, a PE ratio of 86.29, a price-to-earnings-growth ratio of 1.73 and a beta of 1.39. Entegris, Inc. has a 12 month low of $66.32 and a 12 month high of $159.15. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05. The company has a 50-day simple moving average of $128.58 and a 200-day simple moving average of $108.45.

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

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th will be issued a dividend of $0.10 per share. The ex-dividend date 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 23.12%.

Entegris Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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