K2 Principal Fund L.P. Invests $2.47 Million in Entegris, Inc. $ENTG

K2 Principal Fund L.P. purchased a new position in Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 13,739 shares of the semiconductor company’s stock, valued at approximately $2,471,000.

Several other institutional investors have also bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in Entegris during the fourth quarter valued at $29,000. Millstone Evans Group LLC raised its stake in shares of Entegris by 191.3% in the first 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. Johnson Financial Group Inc. lifted its position in shares of Entegris by 147.5% during the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 236 shares during the last quarter. First Horizon Corp lifted its position in shares of 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 buying an additional 178 shares during the last quarter. Finally, Elevated Capital Advisors LLC purchased a new stake in Entegris in the 1st quarter worth about $44,000.

Entegris Stock Performance

Shares of ENTG opened at $150.26 on Wednesday. The stock’s 50-day simple moving average is $147.82 and its 200 day simple moving average is $136.70. The stock has a market capitalization of $22.91 billion, a price-to-earnings 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 quick ratio of 1.85 and a current ratio of 3.05. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94.

Entegris (NASDAQ:ENTG) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The business had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.66 EPS. 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 fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is 20.10%.

Insider Activity at Entegris

In other Entegris news, SVP Susan G. Rice sold 2,062 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total value of $308,310.24. Following 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction 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 completion of the transaction, the director directly owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 18,395 shares of company stock valued at $2,808,134 in the last quarter. 0.53% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. The Goldman Sachs Group upgraded Entegris from a “sell” rating to a “buy” rating in a research note on Wednesday, August 12th. Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Citigroup restated a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Finally, Needham & Company LLC raised their price objective on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $170.89.

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.