Entegris, Inc. $ENTG Shares Purchased by Harber Asset Management LLC

Key Points

• Harber Asset Management LLC increased its stake in Entegris, Inc. by 91.7%, owning 133,441 shares after purchasing 63,841 additional shares, making it the 9th largest position in their portfolio.
• Entegris reported $0.66 EPS for the recent quarter, surpassing analysts' estimates, and recorded a revenue of $792.4 million, despite a 2.5% year-over-year decline.
• The company declared a quarterly dividend of $0.10 per share, representing an annual yield of 0.5% with a payout ratio of 20.62%.

Harber Asset Management LLC increased its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 91.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,441 shares of the semiconductor company's stock after buying an additional 63,841 shares during the period. Entegris comprises approximately 4.2% of Harber Asset Management LLC's investment portfolio, making the stock its 9th biggest holding. Harber Asset Management LLC owned about 0.09% of Entegris worth $11,673,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Costello Asset Management INC purchased a new position in Entegris in the first quarter worth $26,000. Central Pacific Bank Trust Division grew its holdings in Entegris by 125.7% in the first quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 171 shares during the last quarter. Quarry LP purchased a new position in Entegris in the fourth quarter worth $28,000. Neo Ivy Capital Management purchased a new position in Entegris in the fourth quarter worth $34,000. Finally, Summit Securities Group LLC purchased a new position in Entegris in the first quarter worth $36,000.

Insider Transactions at Entegris

In other Entegris news, SVP Susan G. Rice sold 8,858 shares of the company's stock in a transaction dated 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 transaction, the senior vice president owned 56,912 shares in the company, valued at approximately $4,543,854.08. This represents a 13.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Clinton M. Haris sold 3,627 shares of the company's stock in a transaction dated 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 transaction, the senior vice president owned 37,743 shares of the company's stock, valued at approximately $3,396,870. This trade represents a 8.77% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.61% of the company's stock.

Entegris Stock Performance

ENTG traded down $1.80 during midday trading on Tuesday, hitting $81.94. 2,017,612 shares of the company were exchanged, compared to its average volume of 2,536,796. The company's 50 day simple moving average is $83.39 and its 200 day simple moving average is $83.20. The firm has a market capitalization of $12.42 billion, a price-to-earnings ratio of 28.48 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, Inc. has a 1-year low of $60.75 and a 1-year high of $117.88.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.01. The company had revenue of $792.40 million for the quarter, compared to the consensus estimate of $753.85 million. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The firm's revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period last year, the firm earned $0.71 EPS. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. As a group, sell-side analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were given a $0.10 dividend. The ex-dividend date was Wednesday, July 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. Entegris's dividend payout ratio is 20.62%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on ENTG shares. UBS Group cut their price target on shares of Entegris from $95.00 to $90.00 and set a "neutral" rating on the stock in a report on Thursday, July 31st. Mizuho boosted 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. Citigroup dropped their price objective on shares of Entegris from $125.00 to $102.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Wall Street Zen lowered shares of Entegris from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Finally, KeyCorp reissued an "overweight" rating and set a $103.00 price objective (down from $112.00) on shares of Entegris in a report on Thursday, July 31st. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $106.44.

Entegris Company Profile

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).