Public Employees Retirement System of Ohio acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 46,424 shares of the semiconductor company’s stock, valued at approximately $8,350,000.
A number of other large investors have also recently made changes to their positions in the business. Legal & General Group Plc increased its holdings in Entegris by 2.6% during the 4th quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock worth $41,661,000 after purchasing an additional 12,348 shares in the last quarter. Norges Bank bought a new position in shares of Entegris in the fourth quarter valued at approximately $158,669,000. Natixis Advisors LLC boosted its position in shares of Entegris by 15.0% during the fourth quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock valued at $35,449,000 after buying an additional 54,973 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Entegris by 122.0% during the fourth quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock valued at $38,408,000 after buying an additional 250,574 shares during the last quarter. Finally, Wilson Asset Management International PTY Ltd. bought a new stake in Entegris during the fourth quarter worth $2,732,000.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on ENTG shares. UBS Group upped 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. BMO Capital Markets boosted their price target on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. The Goldman Sachs Group raised shares of Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $170.89.
Insider Buying and Selling at Entegris
In related news, SVP Joseph Colella sold 3,916 shares of the company’s 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 sale, the senior vice president directly owned 50,297 shares in the company, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. This trade represents 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 11,547 shares of company stock worth $1,786,207 over the last ninety days. Company insiders own 0.53% of the company’s stock.
Entegris Price Performance
Shares of NASDAQ ENTG opened at $135.29 on Tuesday. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83. The stock has a fifty day simple moving average of $144.42 and a two-hundred day simple moving average of $138.06. Entegris, Inc. has a 1-year low of $67.97 and a 1-year high of $186.94. The firm has a market cap of $20.63 billion, a price-to-earnings ratio of 67.98, a price-to-earnings-growth ratio of 1.24 and a beta of 1.35.
Entegris (NASDAQ:ENTG – Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.11. The firm had revenue of $883.20 million for 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 business’s revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Analysts anticipate that Entegris, Inc. will post 3.91 earnings per share for the current year.
Entegris Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s dividend payout ratio is 20.10%.
About Entegris
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.
See Also
- Five stocks we like better than Entegris
- Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.
