Robinhood Asset Management LLC Makes New Investment in Entegris, Inc. $ENTG

Robinhood Asset Management LLC acquired a new stake in Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to its most recent filing with the SEC. The firm acquired 44,869 shares of the semiconductor company’s stock, valued at approximately $8,070,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in ENTG. Millstone Evans Group LLC increased its position in Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 176 shares during the period. First Horizon Corp lifted its position in 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 purchasing an additional 178 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Entegris during the 4th quarter valued at about $29,000. Elevated Capital Advisors LLC bought a new position in shares of Entegris in the 1st quarter valued at about $44,000. Finally, Johnson Financial Group Inc. grew 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 worth $33,000 after buying an additional 236 shares during the period.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ENTG shares. Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and raised their price objective for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. UBS Group lifted their price objective on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a report on Friday, May 1st. Two 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $170.89.

Entegris Stock Performance

Shares of Entegris stock opened at $143.66 on Friday. The stock’s fifty day simple moving average is $147.98 and its 200 day simple moving average is $137.08. 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 company has a market capitalization of $21.91 billion, a PE ratio of 72.19, a PEG ratio of 1.33 and a beta of 1.35. Entegris, Inc. has a 12 month low of $67.97 and a 12 month 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The firm had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company’s revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, research analysts predict that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were given a $0.10 dividend. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s payout ratio is currently 20.10%.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Clinton M. Haris sold 6,848 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the sale, the senior vice president directly owned 54,961 shares in the company, valued at approximately $8,201,830.03. This trade represents a 11.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 completion of 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 disclosure for this sale is available in the SEC filing. Insiders sold 18,395 shares of company stock worth $2,808,134 in the last quarter. Company insiders own 0.53% of the company’s stock.

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.