Evergreen Capital Management LLC Purchases New Position in Entegris, Inc. $ENTG

Key Points

• Evergreen Capital Management LLC acquired a new stake in Entegris, purchasing 3,482 shares valued at approximately $305,000.
• Entegris recently announced a quarterly dividend of $0.10 per share, with an annualized yield of 0.5%.
• The company reported earnings of $0.66 per share for the last quarter, exceeding analysts' expectations, despite a 2.5% decrease in revenue compared to the same quarter last year.

Evergreen Capital Management LLC acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,482 shares of the semiconductor company's stock, valued at approximately $305,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Costello Asset Management INC acquired a new stake in Entegris during the first quarter worth about $26,000. Central Pacific Bank Trust Division increased its stake in shares of Entegris by 125.7% in the first quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 171 shares during the period. Neo Ivy Capital Management acquired a new stake in shares of Entegris in the fourth quarter valued at approximately $34,000. Summit Securities Group LLC acquired a new stake in shares of Entegris in the first quarter valued at approximately $36,000. Finally, Curat Global LLC acquired a new stake in shares of Entegris in the first quarter valued at approximately $39,000.

Entegris Stock Performance

NASDAQ:ENTG traded up $2.33 during midday trading on Friday, reaching $81.98. The stock had a trading volume of 1,784,462 shares, compared to its average volume of 2,437,732. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $117.88. The firm's fifty day simple moving average is $83.25 and its 200-day simple moving average is $82.63. 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 stock has a market capitalization of $12.43 billion, a P/E ratio of 42.26 and a beta of 1.29.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.01. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The business had revenue of $792.40 million for the quarter, compared to analyst estimates of $753.85 million. During the same period last year, the business posted $0.71 EPS. Entegris's revenue 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, equities research analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

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

Insider Buying and Selling at Entegris

In other news, SVP Susan G. Rice sold 8,858 shares of Entegris stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total transaction of $707,222.72. Following the sale, the senior vice president directly owned 56,912 shares in the company, valued at approximately $4,543,854.08. The trade was a 13.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Clinton M. Haris sold 3,627 shares of Entegris stock in a transaction dated Thursday, July 17th. The shares were 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. KeyCorp reiterated an "overweight" rating and issued a $103.00 price objective (down from $112.00) on shares of Entegris in a report on Thursday, July 31st. Mizuho raised their price objective on shares of Entegris from $90.00 to $98.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 15th. Needham & Company LLC reiterated a "buy" rating and issued a $100.00 target price on shares of Entegris in a research report on Tuesday, May 20th. Oppenheimer began coverage on shares of Entegris in a research report on Thursday. They issued a "market perform" rating and a $95.00 target price for the company. Finally, Wall Street Zen downgraded shares of Entegris from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $105.30.

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).