BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sells 152,985 Shares of Entegris, Inc. $ENTG

Key Points

• BNP Paribas Asset Management has reduced its stake in Entegris, Inc. by 9.3%, now holding approximately 1,497,222 shares valued at about $130.98 million.
• Several other institutions have altered their positions in Entegris, with Mackenzie Financial Corp increasing its stake by 61.4%.
• Entegris recently reported earnings per share (EPS) of $0.66, exceeding estimates, but experienced a 2.5% decline in year-over-year revenue.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lowered its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 9.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,497,222 shares of the semiconductor company's stock after selling 152,985 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned approximately 0.99% of Entegris worth $130,976,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Entegris by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 15,553,199 shares of the semiconductor company's stock worth $1,360,594,000 after purchasing an additional 351,053 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Entegris by 33.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,194,612 shares of the semiconductor company's stock worth $1,108,940,000 after buying an additional 2,826,463 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Entegris by 235.8% during the first quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company's stock worth $438,642,000 after buying an additional 3,520,997 shares during the last quarter. D1 Capital Partners L.P. lifted its holdings in shares of Entegris by 329.4% during the fourth quarter. D1 Capital Partners L.P. now owns 2,752,902 shares of the semiconductor company's stock worth $272,702,000 after buying an additional 2,111,801 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Entegris by 16.5% during the fourth quarter. Ameriprise Financial Inc. now owns 2,199,161 shares of the semiconductor company's stock worth $217,850,000 after buying an additional 312,042 shares during the last quarter.

Insider Activity at Entegris

In other news, SVP Susan G. Rice sold 8,858 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total value of $707,222.72. Following the sale, the senior vice president directly owned 56,912 shares in the company, valued at approximately $4,543,854.08. This represents a 13.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Clinton M. Haris sold 3,627 shares of the company's stock in a transaction that occurred 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 owned 37,743 shares in the company, valued at approximately $3,396,870. This represents a 8.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Citigroup cut their price target on Entegris from $125.00 to $102.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Needham & Company LLC reiterated a "buy" rating and set a $100.00 price target on shares of Entegris in a report on Tuesday, May 20th. The Goldman Sachs Group assumed coverage on Entegris in a report on Thursday, July 10th. They set a "neutral" rating and a $85.00 price target for the company. Mizuho upped their price target on Entegris from $90.00 to $98.00 and gave the stock an "outperform" rating in a report on Tuesday, July 15th. Finally, UBS Group cut their price target on Entegris from $95.00 to $90.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $106.44.

Entegris Stock Performance

Entegris stock traded up $5.67 during trading hours on Friday, hitting $87.76. The stock had a trading volume of 3,683,418 shares, compared to its average volume of 3,307,668. The company has a 50-day moving average of $82.16 and a two-hundred day moving average of $84.55. The company has a quick ratio of 1.95, a current ratio of 3.30 and a debt-to-equity ratio of 1.04. The company has a market cap of $13.30 billion, a PE ratio of 45.24 and a beta of 1.22. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $119.95.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.65 by $0.01. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The firm had revenue of $792.40 million during the quarter, compared to analysts' expectations of $753.85 million. During the same quarter in the prior year, the firm posted $0.71 EPS. The company's revenue for the quarter 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, equities research analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, July 30th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, July 30th. Entegris's dividend payout ratio is currently 20.62%.

About Entegris

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).