Entegris, Inc. $ENTG Stock Position Boosted by RGM Capital LLC

Key Points

• RGM Capital LLC has increased its stake in Entegris, Inc. by 11.8%, owning approximately $136.6 million worth of shares, which constitutes about 5.7% of its portfolio.
• Despite a 2.5% decline in revenue year-over-year, Entegris reported better-than-expected earnings of $0.66 per share, surpassing estimates of $0.65.
• Entegris recently announced a quarterly dividend of $0.10 per share, reflecting a 0.5% dividend yield and a payout ratio of 20.62%.

RGM Capital LLC raised its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 11.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,561,949 shares of the semiconductor company's stock after acquiring an additional 164,700 shares during the period. Entegris makes up 5.7% of RGM Capital LLC's investment portfolio, making the stock its 7th largest holding. RGM Capital LLC owned 1.03% of Entegris worth $136,639,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Findlay Park Partners LLP purchased a new position in Entegris during the first quarter worth about $44,877,000. Corebridge Financial Inc. increased its position in Entegris by 5,972.8% during the 1st quarter. Corebridge Financial Inc. now owns 168,582 shares of the semiconductor company's stock worth $14,748,000 after purchasing an additional 165,806 shares during the period. Comerica Bank raised its stake in shares of Entegris by 451.1% during the 1st quarter. Comerica Bank now owns 89,959 shares of the semiconductor company's stock worth $7,870,000 after buying an additional 73,636 shares in the last quarter. MetLife Investment Management LLC lifted its holdings in shares of Entegris by 874.7% in the 1st quarter. MetLife Investment Management LLC now owns 90,464 shares of the semiconductor company's stock valued at $7,914,000 after buying an additional 81,183 shares during the period. Finally, Synovus Financial Corp lifted its holdings in shares of Entegris by 29.8% in the 1st quarter. Synovus Financial Corp now owns 25,420 shares of the semiconductor company's stock valued at $2,224,000 after buying an additional 5,843 shares during the period.

Analyst Ratings Changes

Several research analysts have issued reports on ENTG shares. Citigroup cut their price objective on Entegris from $125.00 to $102.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Mizuho increased their price target on shares of Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Wall Street Zen cut shares of Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. Needham & Company LLC reaffirmed a "buy" rating and issued a $100.00 target price on shares of Entegris in a report on Tuesday, May 20th. Finally, The Goldman Sachs Group began coverage on Entegris in a research note on Thursday, July 10th. They set a "neutral" rating and a $85.00 price target on the stock. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $106.44.

Entegris Price Performance

ENTG stock traded down $0.14 on Thursday, reaching $83.86. The company had a trading volume of 4,019,582 shares, compared to its average volume of 2,914,909. The company's fifty day moving average is $83.07 and its 200 day moving average is $83.86. The company has a market cap of $12.71 billion, a P/E ratio of 43.23 and a beta of 1.22. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.95 and a current ratio of 3.30. 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 released its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $753.85 million. During the same period in the previous year, the firm posted $0.71 earnings per share. The business's revenue for the quarter was down 2.5% compared to the same quarter last year. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, July 30th. Entegris's dividend payout ratio (DPR) is currently 20.62%.

Insider Transactions at Entegris

In other news, SVP Susan G. Rice sold 8,858 shares of the business's 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 transaction, the senior vice president owned 56,912 shares of the company's stock, valued at $4,543,854.08. The trade was a 13.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Clinton M. Haris sold 3,627 shares of the firm's stock in a transaction that occurred 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 sale, the senior vice president owned 37,743 shares in the company, 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. Insiders own 0.67% of the company's stock.

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).