Entegris, Inc. $ENTG Shares Newly Acquired by Mirae Asset Global Investments Co. Ltd.

Key Points

• Mirae Asset Global Investments acquired 236,227 Entegris shares worth approximately $36.4 million, representing a 0.15% stake. Other institutions, including Deutsche Bank, Generate Investment Management, and BlackRock, also initiated or increased positions.
• Entegris reported strong third-quarter results, with adjusted EPS of $1.23 versus the $1.03 consensus and revenue of approximately $1.01 billion, up 24.6% year over year. Management issued fourth-quarter sales guidance of $1.025 billion to $1.055 billion and paid down $200 million of debt.
• Analyst sentiment is broadly positive, with the stock carrying a “Moderate Buy” consensus and an average target of $187.17, though Goldman Sachs maintained a Sell rating. Elevated valuation and recent insider selling remain potential risks for investors.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 236,227 shares of the semiconductor company's stock, valued at approximately $36,393,000. Mirae Asset Global Investments Co. Ltd. owned 0.15% of Entegris as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Man Group plc acquired a new position in shares of Entegris in the 2nd quarter worth approximately $2,461,000. Deutsche Bank AG acquired a new stake in Entegris in the 2nd quarter valued at approximately $69,930,000. Generate Investment Management Ltd acquired a new stake in Entegris in the 3rd quarter valued at approximately $16,893,000. Empowered Funds LLC purchased a new stake in Entegris in the second quarter valued at approximately $1,368,000. Finally, BlackRock Inc. purchased a new stake in Entegris in the second quarter valued at approximately $3,683,556,000.

Insider Transactions at Entegris

In other news, insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $160.66, for a total transaction of $321,320.00. Following the sale, the insider directly owned 34,997 shares of the company's stock, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan Rice sold 2,062 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the transaction, the senior vice president directly 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 disclosure for this sale is available in the SEC filing. Insiders sold 7,978 shares of company stock valued at $1,273,734 over the last quarter. Company insiders own 0.53% of the company's stock.

More Entegris News

Here are the key news stories impacting Entegris this week:

• Positive Sentiment: Q3 results exceeded expectations. Entegris reported $1.23 in adjusted EPS versus the $1.03 consensus estimate, while revenue reached approximately $1.01 billion—up 24.6% year over year and well above expectations of roughly $925 million. The company also reported improved gross and operating margins. Entegris Q3 earnings report
• Positive Sentiment: Management issued constructive fourth-quarter guidance. Entegris projected sales of $1.025 billion to $1.055 billion and GAAP EPS of $1.09 to $1.17, supporting expectations for continued semiconductor-related demand. The company also generated $266.8 million in operating cash flow and paid down $200 million of debt. Entegris reports record Q3 revenue
• Positive Sentiment: Several analysts raised their targets. UBS lifted its target to $220 and reaffirmed Buy, while Barclays raised its target to $224 with an Overweight rating. Truist increased its target to $199 and maintained Buy, and Needham raised its target to $185. UBS raises Entegris price target
• Neutral Sentiment: Analyst views remain split. Goldman Sachs raised its target to $135 but retained a Sell rating, implying the recent rally may have outpaced fundamentals. The wide range of targets highlights uncertainty over Entegris’ growth and margin outlook.
• Negative Sentiment: Valuation may be limiting upside. With a reported price-to-earnings ratio near 78, investors may be demanding sustained earnings growth. Reports of insider selling, without corresponding purchases over the past six months, could also weigh on sentiment.

Entegris Stock Performance

Shares of ENTG stock opened at $154.39 on Monday. The business's 50 day moving average is $146.32 and its two-hundred day moving average is $137.85. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The company has a market capitalization of $23.59 billion, a P/E ratio of 60.31, a price-to-earnings-growth ratio of 1.34 and a beta of 1.39. The company has a current ratio of 2.66, a quick ratio of 1.59 and a debt-to-equity ratio of 0.75.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The semiconductor company reported $1.23 EPS for the quarter, beating the consensus estimate of $1.03 by $0.20. Entegris had a net margin of 11.14% and a return on equity of 13.86%. The firm had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $925.35 million. During the same quarter last year, the business earned $0.72 earnings per share. The business's revenue for the quarter was up 24.6% compared to the same quarter last year. Equities analysts forecast that Entegris, Inc. will post 4.16 EPS for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 18th. Shareholders of record on Wednesday, October 28th will be paid 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 is Wednesday, October 28th. Entegris's payout ratio is currently 15.62%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Citigroup upped their price objective on Entegris from $195.00 to $200.00 and gave the stock a "buy" rating in a research report on Friday. BMO Capital Markets lifted their price target on shares of Entegris from $153.00 to $167.00 and gave the stock an "outperform" rating in a research note on Monday, July 6th. Barclays boosted their price target on shares of Entegris from $212.00 to $224.00 and gave the stock an "overweight" rating in a report on Friday. Freedom Capital raised shares of Entegris to a "strong-buy" rating in a research report on Monday, August 3rd. Finally, Needham & Company LLC raised their price objective on shares of Entegris from $170.00 to $185.00 and gave the company a "buy" rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Entegris has an average rating of "Moderate Buy" and an average target price of $187.17.

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 technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.

The company's products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.

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