Buckland Partners Management Co LLC Purchases New Stake in Entegris, Inc. $ENTG

Key Points

• Buckland Partners Management acquired 16,500 Entegris shares worth approximately $3.0 million in the second quarter, while several other major institutions also added or initiated positions.
• Analyst sentiment remains positive: Entegris has a consensus “Buy” rating and an average price target of $170.89, with recent upgrades and target increases from Goldman Sachs, Needham, and UBS.
• Entegris exceeded quarterly expectations with $0.93 in earnings per share and $883.2 million in revenue, while shares traded at $163.09 and the company announced a quarterly dividend of $0.10 per share.

Buckland Partners Management Co LLC acquired a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 16,500 shares of the semiconductor company's stock, valued at approximately $2,968,000. Entegris makes up 1.5% of Buckland Partners Management Co LLC's portfolio, making the stock its 19th largest position.

A number of other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Entegris in the 2nd quarter valued at about $3,683,556,000. Invesco Ltd. increased its stake in Entegris by 183.5% in the 3rd quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company's stock valued at $292,900,000 after buying an additional 2,050,473 shares during the period. Norges Bank acquired a new position in Entegris in the 4th quarter valued at approximately $158,669,000. Duquesne Family Office LLC purchased a new stake in Entegris in the 2nd quarter worth approximately $132,741,000. Finally, Bank of New York Mellon Corp purchased a new stake in Entegris in the 2nd quarter worth approximately $248,869,000.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Needham & Company LLC boosted their price target on shares of Entegris from $165.00 to $170.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Wall Street Zen lowered Entegris from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. The Goldman Sachs Group upgraded Entegris from a "sell" rating to a "buy" rating in a report on Wednesday, August 12th. UBS Group lifted their price objective on Entegris from $205.00 to $215.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Finally, Oppenheimer restated an "outperform" rating and issued a $160.00 target price on shares of Entegris in a research note on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $170.89.

Insider Activity at Entegris

In other news, insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the transaction, the insider owned 34,997 shares of the company's stock, valued at $5,622,618.02. This trade represents a 5.41% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Clinton M. Haris sold 6,848 shares of the business's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the completion of the sale, the senior vice president owned 54,961 shares of the company's stock, valued at $8,201,830.03. The trade was a 11.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 18,395 shares of company stock valued at $2,808,134. 0.53% of the stock is owned by company insiders.

Entegris Trading Up 0.8%

Shares of NASDAQ:ENTG opened at $163.09 on Tuesday. The stock has a market capitalization of $24.87 billion, a PE ratio of 81.95, a P/E/G ratio of 1.49 and a beta of 1.35. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The firm has a fifty day moving average price of $147.50 and a 200 day moving average price of $136.49. 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 announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.82 by $0.11. The company had revenue of $883.20 million during the quarter, compared to analysts' expectations of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business's quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Analysts expect 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 will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. Entegris's dividend payout ratio is presently 20.10%.

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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