Entegris, Inc. $ENTG Shares Acquired by Amundi

Key Points

• Amundi more than doubled its Entegris stake in the second quarter, purchasing 343,604 additional shares to hold 643,612 shares valued at approximately $115.8 million, or 0.42% of the company.
• Entegris reported stronger-than-expected quarterly results, with EPS of $0.93 versus the $0.82 consensus and revenue of $883.2 million, up 11.5% year over year. The company guided to third-quarter EPS of $0.96–$1.04.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and an average price target of $170.89, compared with the stock’s reported price of $143.03.

Amundi boosted its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 114.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 643,612 shares of the semiconductor company's stock after purchasing an additional 343,604 shares during the period. Amundi owned about 0.42% of Entegris worth $115,760,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Legal & General Group Plc lifted its holdings in Entegris by 2.6% during the 4th quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company's stock worth $41,661,000 after buying an additional 12,348 shares during the last quarter. Norges Bank purchased a new position in shares of Entegris in the 4th quarter valued at about $158,669,000. Natixis Advisors LLC increased its holdings in shares of Entegris by 15.0% in the 4th quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company's stock valued at $35,449,000 after acquiring an additional 54,973 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Entegris by 122.0% during the 4th quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company's stock worth $38,408,000 after acquiring an additional 250,574 shares in the last quarter. Finally, Jefferies Financial Group Inc. purchased a new position in shares of Entegris in the 4th quarter valued at $1,395,000.

Entegris Stock Up 1.4%

ENTG opened at $143.03 on Thursday. The firm has a 50 day moving average price of $139.63 and a 200 day moving average price of $138.25. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The company has a market cap of $21.81 billion, a PE ratio of 71.87, a price-to-earnings-growth ratio of 1.30 and a beta of 1.37.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its earnings results 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. The business had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company's revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Sell-side analysts expect that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Announces Dividend

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

Insider Buying and Selling at Entegris

In other news, SVP Susan Rice sold 2,062 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the transaction, the senior vice president owned 66,976 shares of the company's stock, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Olivier Blachier sold 2,000 shares of the company's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of 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 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. Over the last 90 days, insiders have sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Zacks Research raised shares of Entegris from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 5th. Freedom Capital upgraded shares of Entegris to a "strong-buy" rating in a research report on Monday, August 3rd. Weiss Ratings restated a "hold (c)" rating on shares of Entegris in a research report on Monday, August 3rd. Wall Street Zen cut shares of Entegris from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. Finally, Needham & Company LLC boosted their price target on Entegris from $165.00 to $170.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $170.89.

Entegris Profile

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced electronic devices. Its offerings are designed to help manufacturers manage contamination, control critical process environments and improve the performance and reliability of production processes.

The company's products include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and storage products, contamination-control solutions, chemical-mechanical planarization materials, and deposition-related technologies.

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