523,700 Shares in Entegris, Inc. $ENTG Purchased by Paradigm Capital Management Inc. NY

Paradigm Capital Management Inc. NY acquired a new stake in Entegris, Inc. (NASDAQ:ENTG) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 523,700 shares of the semiconductor company’s stock, valued at approximately $94,193,000. Entegris comprises about 2.6% of Paradigm Capital Management Inc. NY’s portfolio, making the stock its 11th largest position.

Several other hedge funds have also recently added to or reduced their stakes in ENTG. BlackRock Inc. purchased a new stake in shares of Entegris in the second quarter valued at about $3,683,556,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Entegris in the second quarter valued at approximately $486,101,000. Invesco Ltd. increased its stake in shares of Entegris by 183.5% during the 3rd quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock worth $292,900,000 after purchasing an additional 2,050,473 shares in the last quarter. Norges Bank purchased a new position in shares of Entegris during the 4th quarter worth approximately $158,669,000. Finally, Duquesne Family Office LLC acquired a new position in shares of Entegris during the 2nd quarter worth approximately $132,741,000.

Entegris Stock Down 3.8%

Shares of NASDAQ ENTG opened at $138.25 on Tuesday. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. The firm has a fifty day moving average of $147.49 and a 200-day moving average of $137.38. The stock has a market capitalization of $21.08 billion, a PE ratio of 69.47, a P/E/G ratio of 1.32 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.

Entegris (NASDAQ:ENTG) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, beating 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 firm earned $0.66 earnings per share. The firm’s revenue for the quarter 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, analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is 20.10%.

Analyst Ratings Changes

A number of brokerages have commented on ENTG. UBS Group increased their target price on Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. BMO Capital Markets increased their price objective on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Finally, The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Entegris presently has an average rating of “Buy” and an average price target of $170.89.

Insiders Place Their Bets

In other news, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the sale, the insider owned 34,997 shares in the company, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 completion of the transaction, the senior vice president owned 54,961 shares in the company, valued at $8,201,830.03. The trade was a 11.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 18,395 shares of company stock worth $2,808,134. 0.53% of the stock is owned by insiders.

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.