Hsbc Holdings PLC Invests $13.40 Million in Entegris, Inc. $ENTG

Hsbc Holdings PLC bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 74,841 shares of the semiconductor company’s stock, valued at approximately $13,404,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ENTG. Ancora Advisors LLC purchased a new position in shares of Entegris during the 2nd quarter valued at about $31,000. Millstone Evans Group LLC grew its holdings in Entegris by 191.3% during 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 raised its position in Entegris by 147.1% during the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 178 shares in the last quarter. Elevated Capital Advisors LLC purchased a new position in Entegris during the first quarter valued at approximately $44,000. Finally, EFG International AG acquired a new position in Entegris in the second quarter valued at approximately $71,000.

Insider Transactions at Entegris

In other news, SVP Susan G. Rice sold 2,062 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the sale, the senior vice president directly owned 66,976 shares in the company, valued at $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the transaction, the insider directly owned 34,997 shares in the company, valued at approximately $5,622,618.02. This 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. Over the last quarter, insiders have sold 11,547 shares of company stock worth $1,786,207. Company insiders own 0.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ENTG. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Mizuho increased their price target on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. BMO Capital Markets raised their price target on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. The Goldman Sachs Group raised shares of Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Finally, Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Entegris has an average rating of “Buy” and an average price target of $170.89.

Entegris Stock Up 2.0%

Entegris stock opened at $145.31 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. The stock has a market capitalization of $22.16 billion, a PE ratio of 73.02, a price-to-earnings-growth ratio of 1.31 and a beta of 1.35. The business has a 50 day simple moving average of $146.27 and a 200-day simple moving average of $137.95. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94.

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

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, July 29th. Entegris’s dividend payout ratio is currently 20.10%.

About Entegris

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.