BI Asset Management Fondsmaeglerselskab A S Has $323,000 Stock Position in Entegris, Inc. $ENTG

Key Points

• BI Asset Management Fondsmaeglerselskab A S reduced its stake in Entegris, Inc. by 51.4%, holding 3,692 shares worth $323,000 at the end of the latest quarter.
• Several large investors made significant changes, with Mackenzie Financial Corp boosting its holdings by 61.4% during the same period.
• Entegris recently announced a quarterly dividend of $0.10 per share, with a 0.5% yield and a dividend payout ratio of 20.62%.

BI Asset Management Fondsmaeglerselskab A S decreased its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 51.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,692 shares of the semiconductor company's stock after selling 3,911 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Entegris were worth $323,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Entegris by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 15,553,199 shares of the semiconductor company's stock valued at $1,360,594,000 after purchasing an additional 351,053 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Entegris by 235.8% in the 1st quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company's stock valued at $438,642,000 after purchasing an additional 3,520,997 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Entegris by 16.5% in the 4th quarter. Ameriprise Financial Inc. now owns 2,199,161 shares of the semiconductor company's stock valued at $217,850,000 after purchasing an additional 312,042 shares during the last quarter. Durable Capital Partners LP lifted its stake in Entegris by 16.5% in the 4th quarter. Durable Capital Partners LP now owns 2,033,219 shares of the semiconductor company's stock valued at $201,411,000 after purchasing an additional 288,213 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in Entegris by 29.3% in the 1st quarter. Northern Trust Corp now owns 1,568,691 shares of the semiconductor company's stock valued at $137,229,000 after purchasing an additional 355,663 shares during the last quarter.

Entegris Trading Down 0.1%

NASDAQ ENTG traded down $0.06 during mid-day trading on Friday, reaching $83.80. 505,585 shares of the stock were exchanged, compared to its average volume of 3,287,826. Entegris, Inc. has a one year low of $60.75 and a one year high of $117.88. The stock has a 50 day simple moving average of $83.07 and a 200-day simple moving average of $83.86. The stock has a market cap of $12.70 billion, a P/E ratio of 43.30 and a beta of 1.22. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95.

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

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Wednesday, July 30th. Entegris's dividend payout ratio (DPR) is presently 20.62%.

Wall Street Analysts Forecast Growth

ENTG has been the subject of several research reports. Mizuho increased their price objective on shares of Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. Needham & Company LLC reaffirmed a "buy" rating and set a $100.00 price target on shares of Entegris in a research note on Tuesday, May 20th. Citigroup dropped their price target on shares of Entegris from $125.00 to $102.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. KeyCorp reaffirmed an "overweight" rating and set a $103.00 price target (down previously from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Finally, UBS Group dropped their price target on shares of Entegris from $95.00 to $90.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $106.44.

Insiders Place Their Bets

In other Entegris news, SVP Clinton M. Haris sold 3,627 shares of the firm's 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 completion of the sale, the senior vice president directly owned 37,743 shares in the company, valued at approximately $3,396,870. This trade represents a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Susan G. Rice sold 8,858 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total transaction of $707,222.72. Following the completion of the sale, the senior vice president owned 56,912 shares of the company's stock, valued at $4,543,854.08. The trade was a 13.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company 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).