Continuum Advisory LLC Makes New $1.87 Million Investment in Entegris, Inc. $ENTG

Continuum Advisory LLC bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG) during the second quarter, Holdings Channel.com reports. The firm bought 10,383 shares of the semiconductor company’s stock, valued at approximately $1,867,000.

Several other hedge funds have also modified their holdings of ENTG. BlackRock Inc. acquired a new stake in shares of Entegris in the second quarter valued at approximately $3,683,556,000. Primecap Management Co. CA acquired a new position in Entegris during the 2nd quarter worth $562,141,000. Bank of America Corp DE bought a new position in Entegris in the 2nd quarter valued at $489,403,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Entegris in the 2nd quarter valued at $486,101,000. Finally, Invesco Ltd. increased its stake in shares of Entegris by 183.5% in the 3rd quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock valued at $292,900,000 after buying an additional 2,050,473 shares during the period.

Insider Activity at Entegris

In other news, SVP Susan G. Rice sold 2,062 shares of Entegris stock in a transaction 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 of the company’s stock, valued at $10,014,251.52. This trade represents a 2.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 completion of the transaction, the insider directly owned 34,997 shares of the company’s stock, valued at $5,622,618.02. This trade represents a 5.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is currently owned by company insiders.

Entegris Trading Down 0.5%

NASDAQ ENTG opened at $130.70 on Friday. The stock has a 50-day simple moving average of $141.95 and a 200 day simple moving average of $137.99. The company has a market capitalization of $19.93 billion, a PE ratio of 65.68, a P/E/G ratio of 1.21 and a beta of 1.37. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94.

Entegris (NASDAQ:ENTG) last released its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $835.79 million. During the same quarter in the prior year, the firm posted $0.66 earnings per share. The company’s quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Research analysts forecast 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. Investors of record on Wednesday, July 29th were paid 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 (DPR) is presently 20.10%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ENTG. BMO Capital Markets raised their price target on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Wall Street Zen downgraded shares of Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft upgraded shares of Entegris from a “hold” rating to a “buy” rating and lifted their price target for the stock from $152.00 to $200.00 in a research report on Wednesday, August 12th. Finally, UBS Group boosted their price target 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. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $170.89.

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.