Mitsubishi UFJ Asset Management Co. Ltd. Invests $32.11 Million in Entegris, Inc. $ENTG

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Entegris, Inc. (NASDAQ:ENTG) during the 2nd quarter, Holdings Channel reports. The fund bought 178,536 shares of the semiconductor company’s stock, valued at approximately $32,111,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ENTG. Invesco Ltd. grew its holdings in Entegris by 183.5% during the 3rd quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock valued at $292,900,000 after buying an additional 2,050,473 shares in the last quarter. Norges Bank purchased a new stake in shares of Entegris during the 4th quarter worth approximately $158,669,000. Duquesne Family Office LLC purchased a new stake in shares of Entegris during the 2nd quarter worth approximately $132,741,000. Bank of New York Mellon Corp bought a new position in shares of Entegris during the 2nd quarter valued at approximately $248,869,000. Finally, Rafferty Asset Management LLC grew its holdings in shares of Entegris by 64.4% in the second quarter. Rafferty Asset Management LLC now owns 1,970,734 shares of the semiconductor company’s stock valued at $158,940,000 after purchasing an additional 771,650 shares in the last quarter.

Entegris Stock Performance

NASDAQ:ENTG opened at $144.63 on Friday. The stock’s fifty day moving average is $148.12 and its 200 day moving average is $137.04. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The firm has a market capitalization of $22.06 billion, a PE ratio of 72.68, a PEG ratio of 1.33 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 (NASDAQ:ENTG) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping 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 company had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same period in the previous year, the firm earned $0.66 earnings per share. Entegris’s quarterly revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, sell-side analysts anticipate that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were issued a $0.10 dividend. 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 (DPR) is 20.10%.

Insider Activity

In related 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 sale, 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Clinton M. Haris sold 6,848 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the completion of the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. The trade was a 11.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 18,395 shares of company stock worth $2,808,134 in the last 90 days. Company insiders own 0.53% of the company’s stock.

Analysts Set New Price Targets

ENTG has been the topic of several research reports. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft upgraded shares of Entegris from a “hold” rating to a “buy” rating and increased their price objective for the company from $152.00 to $200.00 in a research report on Wednesday, August 12th. Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Mizuho upped their target price on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Finally, Citigroup reaffirmed a “buy” rating on shares of Entegris in a report on Thursday, April 30th. 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 company. According to data from MarketBeat.com, Entegris has a consensus rating of “Buy” and a consensus 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.