Commerce Bank Invests $2.13 Million in Entegris, Inc. $ENTG

Commerce Bank purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 11,844 shares of the semiconductor company’s stock, valued at approximately $2,130,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Millstone Evans Group LLC lifted its stake in Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 176 shares during the period. First Horizon Corp increased its position in Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 178 shares during the period. Elevated Capital Advisors LLC bought a new stake in shares of Entegris in the 1st quarter valued at about $44,000. Johnson Financial Group Inc. raised its holdings in shares of Entegris by 147.5% in the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 236 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of Entegris in the 4th quarter worth approximately $59,000.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ENTG shares. Mizuho increased their price objective on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Needham & Company LLC upped their target price on Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. The Goldman Sachs Group raised Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. BMO Capital Markets lifted their price target on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Finally, Zacks Research raised Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $170.89.

Insider Activity

In related news, SVP Susan G. Rice sold 2,062 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the transaction, the senior vice president directly owned 66,976 shares of the company’s stock, valued at $10,014,251.52. This represents a 2.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Olivier Blachier sold 2,000 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the sale, the insider owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. This trade represents a 5.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 18,395 shares of company stock worth $2,808,134. Company insiders own 0.53% of the company’s stock.

Entegris Stock Down 3.8%

NASDAQ:ENTG opened at $138.25 on Tuesday. The company’s 50-day simple moving average is $147.49 and its 200-day simple moving average is $137.38. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The stock has a market capitalization of $21.08 billion, a P/E ratio of 69.47, a P/E/G ratio of 1.32 and a beta of 1.35.

Entegris (NASDAQ:ENTG) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The company had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. Entegris’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities analysts anticipate that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s dividend payout ratio is currently 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.