Tpg Gp A LLC Buys 26,069 Shares of Entegris, Inc. $ENTG

Key Points

• Tpg Gp A LLC has increased its stake in Entegris, Inc. by 2.2%, bringing its total ownership to approximately 1,193,431 shares, which comprises 2.1% of its portfolio.
• Entegris reported a quarterly earnings of $0.66 per share, exceeding estimates, with revenue of $792.40 million, despite a year-over-year decline of 2.5%.
• The company recently declared a quarterly dividend of $0.10 per share, resulting in an annualized yield of 0.5% and a payout ratio of 20.62%.

TPG GP A LLC increased its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 2.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,193,431 shares of the semiconductor company's stock after purchasing an additional 26,069 shares during the period. Entegris makes up about 2.1% of TPG GP A LLC's investment portfolio, making the stock its 9th largest position. TPG GP A LLC owned about 0.79% of Entegris worth $104,401,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ENTG. Vanguard Group Inc. boosted its stake in Entegris by 2.3% during the first quarter. Vanguard Group Inc. now owns 15,553,199 shares of the semiconductor company's stock worth $1,360,594,000 after buying an additional 351,053 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Entegris by 21.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 13,555,677 shares of the semiconductor company's stock worth $1,185,852,000 after acquiring an additional 2,361,065 shares during the period. Principal Financial Group Inc. lifted its stake in Entegris by 235.8% in the first quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company's stock worth $438,642,000 after acquiring an additional 3,520,997 shares during the period. Ameriprise Financial Inc. raised its holdings in Entegris by 16.5% in the fourth quarter. Ameriprise Financial Inc. now owns 2,199,161 shares of the semiconductor company's stock worth $217,850,000 after purchasing an additional 312,042 shares in the last quarter. Finally, Durable Capital Partners LP raised its holdings in Entegris by 16.5% in the fourth quarter. Durable Capital Partners LP now owns 2,033,219 shares of the semiconductor company's stock worth $201,411,000 after purchasing an additional 288,213 shares in the last quarter.

Insider Activity

In other news, SVP Susan G. Rice sold 8,858 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total value of $707,222.72. Following the completion of the sale, the senior vice president directly owned 56,912 shares of the company's stock, valued at $4,543,854.08. This represents a 13.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Clinton M. Haris sold 3,627 shares of the firm's stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $90.00, for a total transaction 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. The trade was a 8.77% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.61% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on ENTG. Mizuho upped their price objective on shares of Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. The Goldman Sachs Group started coverage on Entegris in a research report on Thursday, July 10th. They set a "neutral" rating and a $85.00 target price on the stock. Citigroup decreased their target price on Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. UBS Group reduced their price objective on Entegris from $95.00 to $90.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $100.00 target price on shares of Entegris in a research note on Tuesday, May 20th. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $106.44.

Entegris Price Performance

Shares of NASDAQ:ENTG traded down $2.46 on Wednesday, hitting $79.48. The company had a trading volume of 1,870,591 shares, compared to its average volume of 2,536,796. The business has a 50 day moving average of $83.34 and a 200 day moving average of $83.17. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $117.88. The company has a market cap of $12.05 billion, a PE ratio of 40.97 and a beta of 1.29. The company has a current ratio of 3.30, a quick ratio of 1.95 and a debt-to-equity ratio of 1.04.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, topping 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 company had revenue of $792.40 million during the quarter, compared to analyst estimates of $753.85 million. During the same period in the prior year, the firm posted $0.71 earnings per share. The firm's revenue was down 2.5% on a year-over-year basis. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. As a group, equities analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

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