28,685 Shares in Entegris, Inc. $ENTG Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. bought a new position in Entegris, Inc. (NASDAQ:ENTG) in the second quarter, Holdings Channel.com reports. The fund bought 28,685 shares of the semiconductor company’s stock, valued at approximately $4,906,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ENTG. BlackRock Inc. acquired a new position in shares of Entegris during the 2nd quarter valued at $3,683,556,000. Principal Financial Group Inc. lifted its holdings in shares of Entegris by 1.2% in the first quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock valued at $689,990,000 after buying an additional 68,152 shares during the period. State Street Corp lifted its holdings in shares of Entegris by 1.2% in the fourth quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock valued at $434,071,000 after buying an additional 61,549 shares during the period. Durable Capital Partners LP boosted its stake in Entegris by 23.2% during the third quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock valued at $348,115,000 after buying an additional 709,121 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in Entegris by 13.4% during the fourth quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock valued at $302,682,000 after buying an additional 424,812 shares in the last quarter.

Insider Activity

In other Entegris news, SVP Susan G. Rice sold 2,062 shares of Entegris stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the transaction, the senior vice president directly owned 66,976 shares in the company, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their position. The transaction 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 business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the sale, the insider directly owned 34,997 shares in the company, valued at approximately $5,622,618.02. This trade 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 90 days, insiders sold 11,547 shares of company stock worth $1,786,207. Company insiders own 0.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. Mizuho lifted their price objective on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and increased their target price for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $170.89.

Entegris Trading Down 7.2%

Shares of NASDAQ ENTG opened at $134.92 on Friday. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a market cap of $20.58 billion, a price-to-earnings ratio of 67.80, a P/E/G ratio of 1.24 and a beta of 1.35. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. The business has a fifty day simple moving average of $145.39 and a 200-day simple moving average of $137.93.

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

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were given 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 is 20.10%.

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.