Deutsche Bank AG Makes New $69.93 Million Investment in Entegris, Inc. $ENTG

Key Points

• Deutsche Bank acquired 388,805 Entegris shares worth approximately $69.93 million in the second quarter, representing about 0.25% of the semiconductor company.
• Entegris exceeded quarterly expectations, reporting $0.93 EPS versus the $0.82 consensus and $883.2 million in revenue, up 11.5% year over year. The company issued third-quarter EPS guidance of $0.96–$1.04.
• Analysts maintain a positive outlook, with a consensus “Buy” rating and a $170.89 price target versus a recent share price of $144.63. Entegris also pays a quarterly dividend of $0.10 per share, while insiders sold shares worth about $2.8 million in the last quarter.

Deutsche Bank AG acquired a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 388,805 shares of the semiconductor company's stock, valued at approximately $69,930,000. Deutsche Bank AG owned approximately 0.25% of Entegris at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. California Public Employees Retirement System boosted its stake in Entegris by 7.5% in the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company's stock worth $15,573,000 after buying an additional 13,544 shares in the last quarter. Squarepoint Ops LLC raised its stake in shares of Entegris by 66.3% during the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company's stock worth $3,680,000 after acquiring an additional 18,195 shares in the last quarter. Treasurer of the State of North Carolina lifted its holdings in shares of Entegris by 1.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company's stock worth $5,647,000 after acquiring an additional 1,114 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Entegris by 3.8% in the 2nd quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company's stock worth $16,196,000 after acquiring an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in shares of Entegris in the 2nd quarter valued at $241,000.

Entegris Stock Up 0.2%

Shares of NASDAQ ENTG opened at $144.63 on Friday. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94. The firm's fifty day moving average is $148.12 and its 200 day moving average is $137.04. The company has a market cap of $22.06 billion, a price-to-earnings ratio of 72.68, a PEG ratio of 1.33 and a beta of 1.35.

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, beating the consensus estimate of $0.82 by $0.11. The business had revenue of $883.20 million during the quarter, compared to analysts' expectations of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm's revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities research analysts expect that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris's dividend payout ratio is currently 20.10%.

Analysts Set New Price Targets

Several research firms recently commented on ENTG. Mizuho increased their target price on shares of Entegris from $180.00 to $200.00 and gave the company an "outperform" rating in a report on Wednesday, July 1st. Oppenheimer reissued an "outperform" rating and issued a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Zacks Research raised Entegris from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 5th. BMO Capital Markets raised their price objective on Entegris from $153.00 to $167.00 and gave the company an "outperform" rating in a research note on Monday, July 6th. Finally, Freedom Capital upgraded Entegris to a "strong-buy" rating in a report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Entegris has an average rating of "Buy" and a consensus target price of $170.89.

Insider Activity at Entegris

In related news, SVP Clinton M. Haris sold 6,848 shares of the firm's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the business's stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president owned 50,297 shares in the company, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 18,395 shares of company stock valued at $2,808,134 in the last quarter. 0.53% of the stock is currently owned by company insiders.

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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