109,651 Shares of Entegris, Inc. $ENTG Bought by Generate Investment Management Ltd

Key Points

• Generate Investment Management Ltd acquired 109,651 Entegris shares worth approximately $16.9 million, representing about 0.07% of the semiconductor company.
• Entegris reported quarterly EPS of $0.93, beating estimates of $0.82, while revenue rose 11.5% year over year to $883.2 million.
• ENTG shares fell 4.6% to $153.81, although analysts maintain a “Moderate Buy” consensus with an average price target of $178.33.

Generate Investment Management Ltd bought a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 109,651 shares of the semiconductor company's stock, valued at approximately $16,893,000. Generate Investment Management Ltd owned about 0.07% of Entegris at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Ancora Advisors LLC acquired a new position in Entegris during the 2nd quarter worth $31,000. Transamerica Financial Advisors LLC bought a new stake in shares of Entegris during the second quarter worth $32,000. Millstone Evans Group LLC lifted its stake 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 acquiring an additional 176 shares during the period. First Horizon Corp lifted its stake in shares of 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, Burkett Financial Services LLC boosted its holdings in Entegris by 436.9% in the third quarter. Burkett Financial Services LLC now owns 349 shares of the semiconductor company's stock valued at $54,000 after acquiring an additional 284 shares during the last quarter.

Entegris Trading Down 4.6%

Shares of ENTG stock traded down $7.35 on Wednesday, reaching $153.81. The company had a trading volume of 638,277 shares, compared to its average volume of 2,821,365. 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 stock has a market cap of $23.46 billion, a PE ratio of 77.43, a PEG ratio of 1.47 and a beta of 1.40. The company has a 50-day moving average of $147.56 and a 200-day moving average of $143.06. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings data 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. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm had revenue of $883.20 million during the quarter, compared to analysts' expectations of $835.79 million. During the same quarter in the previous year, the company earned $0.66 earnings per share. The business'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, equities analysts forecast that Entegris, Inc. will post 3.93 earnings per share for the current year.

Insider Activity

In related news, SVP Susan G. Rice sold 2,062 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the sale, the senior vice president owned 66,976 shares of the company's stock, valued at approximately $10,014,251.52. This trade represents a 2.99% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president owned 50,297 shares in the company, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,978 shares of company stock valued at $1,273,734 in the last quarter. Company insiders own 0.53% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on ENTG. Weiss Ratings reiterated a "hold (c)" rating on shares of Entegris in a research report on Monday, August 3rd. Truist Financial began coverage on shares of Entegris in a research report on Wednesday. They set a "buy" rating and a $190.00 target price on the stock. Zacks Research lowered shares of Entegris from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft raised shares of Entegris from a "hold" rating to a "buy" rating and raised their target price for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. Finally, BMO Capital Markets lifted their price target on shares of Entegris from $153.00 to $167.00 and gave the stock an "outperform" rating in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Entegris has an average rating of "Moderate Buy" and an average price target of $178.33.

Entegris Profile

Entegris, Inc is a global supplier of advanced materials and process solutions used in the semiconductor and other high-technology industries. The company helps manufacturers protect, purify, transport and process the highly sensitive materials used to produce integrated circuits, memory devices and other electronic components.

Its products and services include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and wafer-shipping products, contamination-control solutions, chemical-mechanical planarization materials, deposition materials and solutions for semiconductor packaging.

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