Legal & General Group Plc Takes $84.56 Million Position in Entegris, Inc. $ENTG

Legal & General Group Plc acquired a new position in Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 470,119 shares of the semiconductor company’s stock, valued at approximately $84,556,000.

Several other large investors also recently added to or reduced their stakes in ENTG. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Entegris by 0.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock worth $2,645,000 after acquiring an additional 100 shares during the period. Parvin Asset Management LLC grew its position in shares of Entegris by 19.2% during the 1st quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock valued at $87,000 after acquiring an additional 120 shares during the period. Lido Advisors LLC increased its stake in shares of Entegris by 1.5% in the 1st quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock worth $1,002,000 after purchasing an additional 125 shares in the last quarter. Northwestern Mutual Investment Management Company LLC raised its holdings in Entegris by 0.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock worth $2,858,000 after purchasing an additional 127 shares during the period. Finally, Resona Asset Management Co. Ltd. raised its holdings in Entegris by 0.3% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock worth $5,199,000 after purchasing an additional 128 shares during the period.

Wall Street Analysts Forecast Growth

ENTG has been the subject of several recent research reports. Oppenheimer reissued an “outperform” rating and set a $160.00 price target on shares of Entegris in a report on Friday, May 1st. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Freedom Capital raised Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, UBS Group raised their target price on shares of Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Two investment 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 MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $170.89.

Entegris Trading Up 2.0%

Shares of ENTG stock opened at $145.31 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The stock has a fifty day simple moving average of $146.27 and a two-hundred day simple moving average of $137.95. The firm has a market capitalization of $22.16 billion, a PE ratio of 73.02, a PEG ratio of 1.31 and a beta of 1.35. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94.

Entegris (NASDAQ:ENTG) last announced 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 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 revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, analysts predict that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

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

Insiders Place Their Bets

In other Entegris news, SVP Joseph Colella sold 3,916 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the sale, the senior vice president directly owned 50,297 shares of the company’s stock, valued at $8,272,850.56. This trade represents a 7.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the sale, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 11,547 shares of company stock valued at $1,786,207. 0.53% of the stock is owned by company insiders.

Entegris Company 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.