Entegris, Inc. $ENTG Shares Sold by Eventide Asset Management LLC

Key Points

• Eventide Asset Management LLC significantly reduced its stake in Entegris, Inc. by 72.8%, owning 199,911 shares after selling 535,181 during the first quarter.
• Several other institutional investors also modified their stakes, with Personal CFO Solutions LLC increasing its holdings by 6% and MAI Capital Management boosting theirs by 19.7%.
• Entegris reported a quarterly EPS of $0.66, beating estimates, but experienced a revenue decline of 2.5% year-over-year, setting Q3 2025 guidance between 0.680-0.700 EPS.

Eventide Asset Management LLC lowered its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 72.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 199,911 shares of the semiconductor company's stock after selling 535,181 shares during the quarter. Eventide Asset Management LLC owned 0.13% of Entegris worth $17,815,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. raised its holdings in shares of Entegris by 235.8% during the first quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company's stock valued at $438,642,000 after acquiring an additional 3,520,997 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Entegris by 21.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 13,555,677 shares of the semiconductor company's stock valued at $1,185,852,000 after acquiring an additional 2,361,065 shares in the last quarter. Deutsche Bank AG grew its stake in Entegris by 434.1% in the fourth quarter. Deutsche Bank AG now owns 1,470,162 shares of the semiconductor company's stock worth $145,634,000 after purchasing an additional 1,194,903 shares during the period. TPG GP A LLC purchased a new stake in Entegris in the fourth quarter worth $115,639,000. Finally, Durable Capital Partners LP grew its stake in shares of Entegris by 43.3% in the first quarter. Durable Capital Partners LP now owns 2,914,417 shares of the semiconductor company's stock worth $254,953,000 after acquiring an additional 881,198 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Oppenheimer assumed coverage on Entegris in a report on Thursday, September 4th. They issued a "market perform" rating and a $95.00 target price on the stock. UBS Group dropped their target price on Entegris from $95.00 to $90.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. Mizuho boosted their price target on Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. Needham & Company LLC reissued a "buy" rating and set a $100.00 target price on shares of Entegris in a report on Tuesday, May 20th. Finally, Wall Street Zen cut Entegris from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $105.30.

Entegris Stock Down 1.0%

Shares of NASDAQ ENTG traded down $0.83 during mid-day trading on Tuesday, hitting $81.32. The company had a trading volume of 419,580 shares, compared to its average volume of 3,243,155. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $117.88. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95. The company has a market capitalization of $12.33 billion, a PE ratio of 42.03 and a beta of 1.29. The business's 50-day simple moving average is $83.28 and its 200 day simple moving average is $82.30.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share for the quarter, beating 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 for the quarter, compared to analysts' expectations of $753.85 million. During the same period last year, the firm earned $0.71 earnings per share. Entegris's quarterly revenue was down 2.5% on a year-over-year basis. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Investors of record on Wednesday, July 30th were given 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 was Wednesday, July 30th. Entegris's payout ratio is currently 20.62%.

Insider Activity at Entegris

In related news, SVP Susan G. Rice sold 8,858 shares of the company's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total transaction 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 approximately $4,543,854.08. This represents a 13.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Clinton M. Haris sold 3,627 shares of the company'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 sale, the senior vice president directly owned 37,743 shares of the company's stock, valued at approximately $3,396,870. This trade represents a 8.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.61% 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).