Jupiter Topco LLC Purchases Shares of 445,301 Entegris, Inc. $ENTG

Jupiter Topco LLC purchased a new position in Entegris, Inc. (NASDAQ:ENTG) during the 2nd quarter, Holdings Channel reports. The firm purchased 445,301 shares of the semiconductor company’s stock, valued at approximately $80,094,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Millstone Evans Group LLC raised its position in shares of Entegris by 191.3% during the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 176 shares during the last quarter. Ancora Advisors LLC acquired a new stake in Entegris during the second quarter worth about $31,000. Johnson Financial Group Inc. increased its stake in Entegris by 147.5% during the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 236 shares during the period. First Horizon Corp increased its stake in Entegris by 147.1% during the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 178 shares during the period. Finally, Elevated Capital Advisors LLC bought a new position in Entegris during the first quarter valued at about $44,000.

Entegris Stock Up 2.0%

Shares of NASDAQ ENTG opened at $145.31 on Friday. The stock has a market cap of $22.16 billion, a PE ratio of 73.02, a PEG ratio of 1.31 and a beta of 1.35. The business has a fifty day moving average of $146.27 and a two-hundred day moving average of $137.95. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05.

Entegris (NASDAQ:ENTG) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.82 by $0.11. The company had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities research analysts expect that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have commented on the company. Citigroup reiterated a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft upgraded Entegris from a “hold” rating to a “buy” rating and upped their target price for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. Mizuho raised their target price on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Oppenheimer reiterated an “outperform” rating and set a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Finally, Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $170.89.

Insider Activity

In other news, SVP Susan G. Rice sold 2,062 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was 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. The trade was a 2.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James P. Lederer sold 3,569 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 11,547 shares of company stock worth $1,786,207. Corporate insiders own 0.53% of the company’s stock.

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.