Entegris, Inc. $ENTG Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 4.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 230,584 shares of the semiconductor company’s stock after acquiring an additional 10,684 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Entegris were worth $18,597,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mackenzie Financial Corp boosted its position in shares of Entegris by 61.4% during the first quarter. Mackenzie Financial Corp now owns 8,891 shares of the semiconductor company’s stock worth $778,000 after buying an additional 3,382 shares during the period. Compass Wealth Management LLC acquired a new position in shares of Entegris during the first quarter worth approximately $1,614,000. Sequoia Financial Advisors LLC raised its holdings in Entegris by 11.5% during the first quarter. Sequoia Financial Advisors LLC now owns 2,767 shares of the semiconductor company’s stock worth $242,000 after purchasing an additional 285 shares in the last quarter. Sarasin & Partners LLP bought a new stake in Entegris during the first quarter worth approximately $1,544,000. Finally, New York State Teachers Retirement System bought a new stake in Entegris during the first quarter worth approximately $4,870,000.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ENTG. UBS Group dropped their target price on Entegris from $95.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, July 31st. KeyCorp reissued an “overweight” rating and set a $103.00 target price (down previously from $112.00) on shares of Entegris in a report on Thursday, July 31st. Mizuho boosted their target price on Entegris from $100.00 to $108.00 and gave the stock an “outperform” rating in a report on Friday. The Goldman Sachs Group began coverage on Entegris in a report on Thursday, July 10th. They set a “neutral” rating and a $85.00 target price on the stock. Finally, Wall Street Zen raised Entegris from a “sell” rating to a “hold” rating in a report on Friday. Seven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Entegris has an average rating of “Moderate Buy” and an average target price of $106.30.

Insiders Place Their Bets

In other news, SVP Susan G. Rice sold 8,858 shares of the company’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total value of $707,222.72. Following the transaction, the senior vice president directly owned 56,912 shares of the company’s stock, valued at approximately $4,543,854.08. This represents a 13.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Clinton M. Haris sold 3,627 shares of the company’s stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $90.00, for a total transaction of $326,430.00. Following the completion of the transaction, the senior vice president directly owned 37,743 shares in the company, valued at $3,396,870. This trade represents a 8.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company’s stock.

Entegris Trading Up 1.9%

NASDAQ ENTG opened at $98.61 on Friday. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $113.90. The company has a current ratio of 3.30, a quick ratio of 1.95 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $14.95 billion, a PE ratio of 50.83 and a beta of 1.38. The firm’s fifty day simple moving average is $84.60 and its 200-day simple moving average is $81.41.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.01. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The business had revenue of $792.40 million for the quarter, compared to the consensus estimate of $753.85 million. During the same period in the prior year, the business posted $0.71 earnings per share. Entegris’s revenue for the quarter was down 2.5% compared to the same quarter last year. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. As a group, sell-side analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, July 30th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, July 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. Entegris’s dividend payout ratio is 20.62%.

About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).