Entegris, Inc. $ENTG Shares Sold by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC decreased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 4.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 3,093 shares of the semiconductor company’s stock after selling 138 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Entegris were worth $271,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Personal CFO Solutions LLC lifted its holdings in shares of Entegris by 6.0% during the 1st quarter. Personal CFO Solutions LLC now owns 2,466 shares of the semiconductor company’s stock valued at $216,000 after acquiring an additional 140 shares in the last quarter. First Hawaiian Bank lifted its holdings in Entegris by 0.9% in the 1st quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company’s stock worth $1,381,000 after buying an additional 143 shares in the last quarter. Ensign Peak Advisors Inc lifted its holdings in Entegris by 0.3% in the 4th quarter. Ensign Peak Advisors Inc now owns 53,230 shares of the semiconductor company’s stock worth $5,273,000 after buying an additional 150 shares in the last quarter. Evexia Wealth LLC lifted its holdings in Entegris by 6.3% in the 1st quarter. Evexia Wealth LLC now owns 2,798 shares of the semiconductor company’s stock worth $245,000 after buying an additional 166 shares in the last quarter. Finally, Central Pacific Bank Trust Division lifted its holdings in Entegris by 125.7% in the 1st quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company’s stock worth $27,000 after buying an additional 171 shares in the last quarter.

Insider Activity

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

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $87.76 on Friday. The company has a quick ratio of 1.95, a current ratio of 3.30 and a debt-to-equity ratio of 1.04. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $119.95. The firm has a 50-day simple moving average of $82.41 and a 200 day simple moving average of $84.46. The company has a market cap of $13.30 billion, a PE ratio of 45.24 and a beta of 1.22.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.01. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The business had revenue of $792.40 million during the quarter, compared to the consensus estimate of $753.85 million. During the same quarter in the prior year, the firm earned $0.71 EPS. The company’s revenue for the quarter was down 2.5% compared to the same quarter last year. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, sell-side analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Investors of record on Wednesday, July 30th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, July 30th. Entegris’s dividend payout ratio is currently 20.62%.

Wall Street Analyst Weigh In

ENTG has been the topic of a number of recent analyst reports. 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 objective on the stock. UBS Group cut their price objective on shares of Entegris from $95.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, July 31st. Wall Street Zen lowered shares of Entegris from a “hold” rating to a “sell” rating in a report on Saturday, August 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $100.00 price objective on shares of Entegris in a report on Tuesday, May 20th. Finally, Mizuho upped their target price on shares of Entegris from $90.00 to $98.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Entegris currently has an average rating of “Moderate Buy” and an average price target of $106.44.

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).