Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,702,665 shares of the semiconductor company's stock, valued at approximately $486,101,000. Entegris comprises about 1.5% of Barrow Hanley Mewhinney & Strauss LLC's holdings, making the stock its 22nd biggest holding. Barrow Hanley Mewhinney & Strauss LLC owned 1.77% of Entegris at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in ENTG. Bank of Nova Scotia purchased a new stake in shares of Entegris in the 2nd quarter worth $12,075,000. Compass Financial Management LLC purchased a new position in Entegris during the second quarter valued at $285,000. Elevation Point Wealth Partners LLC bought a new stake in Entegris during the second quarter valued at about $774,000. Commerce Bank purchased a new stake in Entegris in the second quarter worth about $2,130,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in Entegris in the second quarter worth about $967,000.
Entegris Stock Performance
NASDAQ:ENTG opened at $143.66 on Monday. The stock has a 50-day moving average price of $147.98 and a 200 day moving average price of $137.21. The stock has a market capitalization of $21.91 billion, a P/E ratio of 72.19, a P/E/G ratio of 1.32 and a beta of 1.35. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83.
Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 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 analysts' expectations of $835.79 million. During the same period in the previous year, the firm earned $0.66 EPS. The firm's revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Equities research analysts forecast that Entegris, Inc. will post 3.91 EPS for the current fiscal year.
Entegris Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors 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 (DPR) is presently 20.10%.
Analyst Ratings Changes
A number of research analysts have recently weighed in on ENTG shares. Deutsche Bank Aktiengesellschaft raised 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 report on Wednesday, August 12th. Wall Street Zen cut shares of Entegris from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. Freedom Capital raised shares of Entegris to a "strong-buy" rating in a report on Monday, August 3rd. Needham & Company LLC upped their price target on shares of Entegris from $165.00 to $170.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Finally, Citigroup reissued a "buy" rating on shares of Entegris in a research note on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Entegris has an average rating of "Buy" and a consensus target price of $170.89.
Read Our Latest Stock Report on ENTG
Insider Buying and Selling
In other Entegris news, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Clinton M. Haris sold 6,848 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the transaction, the senior vice president directly owned 54,961 shares of the company's stock, valued at $8,201,830.03. This trade represents a 11.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 18,395 shares of company stock worth $2,808,134 in the last 90 days. 0.53% of the stock is owned by company insiders.
Entegris Company Profile
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Free Report)
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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