Canada Pension Plan Investment Board bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 43,700 shares of the semiconductor company's stock, valued at approximately $7,860,000.
Several other institutional investors also recently modified their holdings of ENTG. Millstone Evans Group LLC boosted its holdings in shares of Entegris by 191.3% during the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company's stock valued at $31,000 after acquiring an additional 176 shares in the last quarter. First Horizon Corp increased its holdings in Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 178 shares in the last quarter. Elevated Capital Advisors LLC bought a new position in Entegris in the first quarter valued at about $44,000. Johnson Financial Group Inc. raised its position in Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company's stock valued at $33,000 after purchasing an additional 236 shares during the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in Entegris in the fourth quarter valued at about $59,000.
Insider Activity
In other news, insider Olivier Blachier sold 2,000 shares of the company's stock in a transaction 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 sale, the insider directly owned 34,997 shares of the company's stock, valued at approximately $5,622,618.02. This represents a 5.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the company's 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 completion of the sale, the senior vice president directly owned 50,297 shares in the company, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,547 shares of company stock worth $1,786,207 over the last quarter. Company insiders own 0.53% of the company's stock.
Entegris Trading Down 7.2%
NASDAQ ENTG opened at $134.92 on Friday. The firm has a market capitalization of $20.58 billion, a PE ratio of 67.80, a price-to-earnings-growth ratio of 1.24 and a beta of 1.35. The business's 50-day moving average price is $145.39 and its two-hundred day moving average price is $137.93. 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, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94.
Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $835.79 million. During the same period last year, the company earned $0.66 earnings per share. 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. On average, analysts expect that Entegris, Inc. will post 3.91 EPS for the current year.
Entegris Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris's dividend payout ratio (DPR) is presently 20.10%.
Analyst Upgrades and Downgrades
ENTG has been the topic of several research reports. Mizuho boosted their price target on Entegris from $180.00 to $200.00 and gave the stock an "outperform" rating in a report on Wednesday, July 1st. UBS Group lifted their target price on shares of Entegris from $205.00 to $215.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Freedom Capital raised shares of Entegris to a "strong-buy" rating in a report on Monday, August 3rd. Wall Street Zen cut shares of Entegris from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 8th. Finally, The Goldman Sachs Group upgraded shares of Entegris from a "sell" rating to a "buy" rating in a research report on Wednesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $170.89.
View Our Latest Stock Report on ENTG
Entegris Profile
(
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.
Further Reading
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