Global Retirement Partners LLC purchased a new position in Entegris, Inc. (NASDAQ:ENTG – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,448 shares of the semiconductor company’s stock, valued at approximately $620,000.
Several other institutional investors also recently added to or reduced their stakes in the stock. Millstone Evans Group LLC boosted its position in Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 176 shares during the period. First Horizon Corp increased its position in shares of Entegris by 147.1% during the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 178 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Entegris during the fourth quarter valued at approximately $29,000. Elevated Capital Advisors LLC purchased a new stake in shares of Entegris in the first quarter valued at approximately $44,000. Finally, Johnson Financial Group Inc. grew its stake in Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 236 shares in the last quarter.
Analysts Set New Price Targets
A number of brokerages have weighed in on ENTG. Mizuho lifted their target price on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. UBS Group raised their price target on Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft upgraded Entegris from a “hold” rating to a “buy” rating and lifted their price objective for the company from $152.00 to $200.00 in a report on Wednesday, August 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. Finally, BMO Capital Markets boosted their price target on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Two equities 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $170.89.
Entegris Price Performance
ENTG opened at $150.26 on Wednesday. The firm has a market capitalization of $22.91 billion, a PE ratio of 75.51, a price-to-earnings-growth ratio of 1.49 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. The business’s 50-day moving average is $147.82 and its two-hundred day moving average is $136.70. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94.
Entegris (NASDAQ:ENTG – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The business had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same period in the prior year, the firm posted $0.66 earnings per share. The company’s quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Research analysts anticipate that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.
Entegris Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date is Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is 20.10%.
Insiders Place Their Bets
In other news, Director James P. Lederer sold 3,569 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total transaction of $512,472.71. Following the transaction, the director directly owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the sale, the insider directly owned 34,997 shares of the company’s stock, valued at $5,622,618.02. The trade was a 5.41% decrease in their position. 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 ninety days, insiders sold 18,395 shares of company stock valued at $2,808,134. 0.53% of the stock is currently 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.
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