Strs Ohio Acquires New Position in Entegris, Inc. $ENTG

Key Points

• Strs Ohio has acquired 61,985 shares of Entegris, Inc., valued at approximately $5,422,000, in the first quarter of the year.
• Major investors like Principal Financial Group and Price T Rowe Associates have significantly increased their holdings in Entegris, showcasing strong interest in the semiconductor company's stock.
• Entegris recently reported a quarterly earnings per share (EPS) of $0.66, exceeding expectations and setting a guidance of 0.680-0.700 EPS for Q3 2025.

Strs Ohio purchased a new stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 61,985 shares of the semiconductor company's stock, valued at approximately $5,422,000.

A number of other hedge funds also recently made changes to their positions in the stock. Rise Advisors LLC bought a new stake in Entegris in the first quarter worth $26,000. Costello Asset Management INC purchased a new position in shares of Entegris during the first quarter valued at about $26,000. Central Pacific Bank Trust Division increased its position in shares of Entegris by 125.7% during the first quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock valued at $27,000 after buying an additional 171 shares during the period. Neo Ivy Capital Management purchased a new position in shares of Entegris during the fourth quarter valued at about $34,000. Finally, Summit Securities Group LLC purchased a new position in shares of Entegris during the first quarter valued at about $36,000.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ENTG shares. Wall Street Zen cut shares of Entegris from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Oppenheimer began coverage on shares of Entegris in a research note on Thursday, September 4th. They issued a "market perform" rating and a $95.00 target price on the stock. Mizuho upped their target price on shares of Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. The Goldman Sachs Group initiated coverage on shares of Entegris in a research note on Thursday, July 10th. They set a "neutral" rating and a $85.00 target price for the company. Finally, KeyCorp reissued an "overweight" rating and issued a $103.00 price objective (down from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $105.30.

Entegris Stock Performance

NASDAQ:ENTG traded down $2.65 during trading hours on Friday, hitting $93.32. 6,085,240 shares of the company were exchanged, compared to its average volume of 2,507,739. The stock has a market capitalization of $14.15 billion, a price-to-earnings ratio of 48.10 and a beta of 1.29. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $117.88. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95. The company's 50 day moving average price is $83.70 and its 200-day moving average price is $81.82.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.01. The company had revenue of $792.40 million for the quarter, compared to the consensus estimate of $753.85 million. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The firm's revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period last year, the firm earned $0.71 EPS. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. As a group, research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Investors of record on Wednesday, July 30th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, July 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. Entegris's dividend payout ratio is presently 20.62%.

Insider Buying and Selling

In related news, SVP Clinton M. Haris sold 3,627 shares of Entegris stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $90.00, for a total value of $326,430.00. Following the sale, the senior vice president owned 37,743 shares of the company's stock, valued at approximately $3,396,870. This trade represents a 8.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Susan G. Rice sold 8,858 shares of the business's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total transaction of $707,222.72. Following the sale, the senior vice president directly owned 56,912 shares of the company's stock, valued at $4,543,854.08. This represents a 13.47% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company's stock.

Entegris Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).