71,514 Shares in Entegris, Inc. $ENTG Bought by The Manufacturers Life Insurance Company

Key Points

• The Manufacturers Life Insurance Company acquired 71,514 Entegris shares in the second quarter, valued at approximately $12.9 million. Several other institutional investors also increased or initiated positions.
• Entegris exceeded quarterly expectations, reporting $0.93 in EPS versus the $0.82 consensus and revenue of $883.2 million, up 11.5% year over year. The company guided for third-quarter EPS of $0.96–$1.04.
• Analysts maintain a positive outlook, with the stock carrying a consensus “Buy” rating and an average price target of $170.89. Meanwhile, insiders sold 11,547 shares worth about $1.79 million during the last quarter.

The Manufacturers Life Insurance Company bought a new stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 71,514 shares of the semiconductor company's stock, valued at approximately $12,863,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Millstone Evans Group LLC grew its position in Entegris by 191.3% during the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company's stock worth $31,000 after purchasing an additional 176 shares during the period. First Horizon Corp lifted its holdings in shares of Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company's stock valued at $35,000 after buying an additional 178 shares during the period. Elevated Capital Advisors LLC acquired a new position in shares of Entegris in the 1st quarter valued at about $44,000. Johnson Financial Group Inc. boosted its stake in shares of Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company's stock worth $33,000 after buying an additional 236 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of Entegris in the fourth quarter worth about $59,000.

Insiders Place Their Bets

In other Entegris news, Director James P. Lederer sold 3,569 shares of the company's stock in a transaction 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 completion of the transaction, the director directly owned 18,277 shares in the company, valued at approximately $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Joseph Colella sold 3,916 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the transaction, the senior vice president directly owned 50,297 shares in the company, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 11,547 shares of company stock worth $1,786,207. Corporate insiders own 0.53% of the company's stock.

Entegris Price Performance

Shares of Entegris stock opened at $134.92 on Friday. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The business has a 50-day moving average price of $145.39 and a 200 day moving average price of $137.93. The firm has a market cap of $20.58 billion, a PE ratio of 67.80, a P/E/G ratio of 1.34 and a beta of 1.35.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. During the same quarter in the prior year, the business posted $0.66 earnings per share. Entegris'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. Sell-side analysts predict that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris's dividend payout ratio (DPR) is 20.10%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ENTG. BMO Capital Markets lifted their price target on Entegris from $153.00 to $167.00 and gave the company an "outperform" rating in a research report on Monday, July 6th. Oppenheimer reaffirmed an "outperform" rating and set a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Mizuho raised their price objective on shares of Entegris from $180.00 to $200.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 1st. Zacks Research raised shares of Entegris from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 5th. Finally, Needham & Company LLC boosted their target price on shares of Entegris from $165.00 to $170.00 and gave the company 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 assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Entegris presently has a consensus rating of "Buy" and a consensus target price of $170.89.

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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