Trivium Point Advisory LLC acquired a new stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,155 shares of the semiconductor company’s stock, valued at approximately $6,323,000.
A number of other institutional investors also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Entegris during the fourth quarter valued at about $158,669,000. Legal & General Group Plc raised its holdings in shares of Entegris by 2.6% during the fourth quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock worth $41,661,000 after acquiring an additional 12,348 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in Entegris by 20.9% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,196 shares of the semiconductor company’s stock valued at $17,035,000 after purchasing an additional 34,894 shares during the last quarter. Natixis Advisors LLC grew its stake in Entegris by 15.0% in the 4th 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. Finally, BNP Paribas Financial Markets increased its holdings in Entegris by 122.0% in the 4th 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 period.
Analysts Set New Price Targets
Several equities analysts have issued reports on the company. Oppenheimer reissued an “outperform” rating and issued a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Needham & Company LLC boosted their price objective on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft upgraded Entegris from a “hold” rating to a “buy” rating and lifted their price objective for the company from $152.00 to $200.00 in a research note on Wednesday. Finally, Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $170.89.
Insider Activity at Entegris
In other news, 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 value 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the transaction, the director directly owned 18,277 shares in the company, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 16,395 shares of company stock worth $2,486,814. Company insiders own 0.53% of the company’s stock.
Entegris Stock Performance
NASDAQ ENTG opened at $161.76 on Monday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The firm has a market capitalization of $24.67 billion, a P/E ratio of 81.29, a price-to-earnings-growth ratio of 1.49 and a beta of 1.35. The stock’s fifty day moving average is $146.89 and its two-hundred day moving average is $136.19. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94.
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. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The business had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. During the same quarter in the prior year, the business posted $0.66 EPS. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, research analysts anticipate that Entegris, Inc. will post 3.91 earnings per share for the current year.
Entegris Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. Entegris’s dividend payout ratio (DPR) is currently 20.10%.
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.
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