DSM Capital Partners LLC Makes New $41.68 Million Investment in Entegris, Inc. $ENTG

Key Points

• DSM Capital Partners opened a new position in Entegris during the first quarter, buying 355,538 shares valued at about $41.68 million. The stake represents roughly 0.7% of DSM’s portfolio and 0.23% of Entegris.
• Several other institutional investors also adjusted their holdings, while insiders sold shares over the past three months. Notably, SVP Olivier Blachier and SVP Clinton M. Haris sold stock, and insiders overall sold 106,000 shares worth nearly $15.0 million.
• Entegris reported stronger-than-expected quarterly results, with EPS of $0.86 versus estimates of $0.75 and revenue of $811.9 million. Analysts currently rate the stock Moderate Buy with a consensus price target of $164.22, while shares were trading up 2.7% at $138.71.

DSM Capital Partners LLC acquired a new stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 355,538 shares of the semiconductor company's stock, valued at approximately $41,683,000. Entegris accounts for about 0.7% of DSM Capital Partners LLC's portfolio, making the stock its 25th largest holding. DSM Capital Partners LLC owned approximately 0.23% of Entegris as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oregon Public Employees Retirement Fund grew its position in Entegris by 3.0% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 31,188 shares of the semiconductor company's stock valued at $3,656,000 after purchasing an additional 900 shares during the period. Sage Rhino Capital LLC acquired a new position in Entegris during the first quarter worth $203,000. Praxis Investment Management Inc. lifted its stake in shares of Entegris by 20.3% in the first quarter. Praxis Investment Management Inc. now owns 4,198 shares of the semiconductor company's stock valued at $492,000 after buying an additional 708 shares in the last quarter. QRG Capital Management Inc. lifted its stake in shares of Entegris by 20.4% in the first quarter. QRG Capital Management Inc. now owns 12,585 shares of the semiconductor company's stock valued at $1,476,000 after buying an additional 2,130 shares in the last quarter. Finally, Tensor Edge Capital LLC acquired a new position in shares of Entegris during the first quarter valued at about $15,136,000.

Insider Buying and Selling

In related news, SVP Olivier Blachier sold 2,000 shares of the company's stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $140.04, for a total value of $280,080.00. Following the transaction, the senior vice president owned 34,897 shares in the company, valued at approximately $4,886,975.88. This represents a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Clinton M. Haris sold 6,848 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total value of $1,021,927.04. Following the transaction, the senior vice president directly owned 54,961 shares of the company's stock, valued at approximately $8,201,830.03. This trade represents a 11.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 106,000 shares of company stock worth $14,999,860 in the last three months. Insiders own 0.53% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ENTG. The Goldman Sachs Group restated a "sell" rating and issued a $115.00 target price on shares of Entegris in a report on Friday, May 1st. Mizuho lifted their price target on Entegris from $180.00 to $200.00 and gave the company an "outperform" rating in a research note on Wednesday, July 1st. Citigroup reissued a "buy" rating on shares of Entegris in a report on Thursday, April 30th. Oppenheimer reissued an "outperform" rating and issued a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Finally, Zacks Research lowered Entegris from a "strong-buy" rating to a "hold" rating in a report on Monday, March 23rd. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Entegris currently has an average rating of "Moderate Buy" and a consensus price target of $164.22.

Entegris Trading Up 2.7%

Shares of Entegris stock opened at $138.71 on Thursday. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The firm has a market cap of $21.15 billion, a PE ratio of 80.18, a P/E/G ratio of 1.58 and a beta of 1.31. The stock has a fifty day moving average price of $147.67 and a 200-day moving average price of $128.73. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.21 and a quick ratio of 2.05.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.11. The company had revenue of $811.90 million for the quarter, compared to the consensus estimate of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The firm's quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Equities research analysts anticipate that Entegris, Inc. will post 3.63 EPS for the current year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, April 29th were paid a dividend of $0.10 per share. The ex-dividend date was Wednesday, April 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris's dividend payout ratio (DPR) is presently 23.12%.

About Entegris

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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