E20 Capital Ltd purchased a new stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 109,365 shares of the semiconductor company’s stock, valued at approximately $19,670,000. Entegris accounts for 1.6% of E20 Capital Ltd’s holdings, making the stock its 17th largest position. E20 Capital Ltd owned approximately 0.07% of Entegris at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Entegris during the second quarter worth about $3,683,556,000. Principal Financial Group Inc. lifted its stake in Entegris by 1.2% in the 1st quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock valued at $689,990,000 after acquiring an additional 68,152 shares in the last quarter. State Street Corp boosted its position in Entegris by 1.2% during the 4th quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock worth $434,071,000 after acquiring an additional 61,549 shares during the last quarter. Durable Capital Partners LP boosted its position in Entegris by 23.2% during the 3rd quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock worth $348,115,000 after acquiring an additional 709,121 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Entegris by 13.4% during the 4th quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock worth $302,682,000 after acquiring an additional 424,812 shares in the last quarter.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on ENTG shares. The Goldman Sachs Group raised shares of Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Needham & Company LLC increased their price objective on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Mizuho raised 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. Finally, Freedom Capital raised Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $170.89.
Insiders Place Their Bets
In other Entegris news, SVP Clinton M. Haris sold 6,848 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total value of $1,021,927.04. Following the transaction, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. This represents a 11.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $160.66, for a total transaction of $321,320.00. Following the sale, the insider owned 34,997 shares of the company’s stock, valued at $5,622,618.02. This trade represents a 5.41% 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. Insiders have sold 18,395 shares of company stock worth $2,808,134 in the last 90 days. Corporate insiders own 0.53% of the company’s stock.
Entegris Stock Performance
Shares of Entegris stock opened at $143.66 on Monday. The business has a fifty day simple moving average of $147.98 and a two-hundred day simple moving average of $137.21. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The company has a market capitalization of $21.91 billion, a price-to-earnings ratio of 72.19, a P/E/G 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 1.85.
Entegris (NASDAQ:ENTG – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.82 by $0.11. The firm had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The company’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Research analysts forecast that Entegris, Inc. will post 3.91 EPS for the current year.
Entegris Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were paid a $0.10 dividend. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s dividend payout ratio is 20.10%.
Entegris 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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