Generate Investment Management Ltd acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 61,309 shares of the semiconductor company's stock, valued at approximately $4,945,000.
Several other institutional investors also recently made changes to their positions in ENTG. Principal Financial Group Inc. lifted its stake in shares of Entegris by 235.8% in 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 purchasing an additional 3,520,997 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Entegris by 21.1% in 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 buying an additional 2,361,065 shares in the last quarter. Durable Capital Partners LP lifted its position in shares of Entegris by 43.3% during the 1st quarter. Durable Capital Partners LP now owns 2,914,417 shares of the semiconductor company's stock valued at $254,953,000 after acquiring an additional 881,198 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Entegris by 40.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,759,296 shares of the semiconductor company's stock worth $241,383,000 after acquiring an additional 794,222 shares in the last quarter. Finally, Findlay Park Partners LLP acquired a new stake in shares of Entegris in the 1st quarter worth approximately $44,877,000.
Analyst Ratings Changes
ENTG has been the subject of several research reports. Oppenheimer began coverage on Entegris in a report on Thursday, September 4th. They set a "market perform" rating and a $95.00 price objective for the company. Mizuho lifted their price target on Entegris from $90.00 to $98.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 15th. UBS Group lowered their price objective on shares of Entegris from $95.00 to $90.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. The Goldman Sachs Group began coverage on shares of Entegris in a research report on Thursday, July 10th. They set a "neutral" rating and a $85.00 target price for the company. Finally, KeyCorp reaffirmed an "overweight" rating and issued a $103.00 price target (down previously from $112.00) on shares of Entegris in a report on Thursday, July 31st. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $105.30.
View Our Latest Stock Analysis on ENTG
Insider Buying and Selling
In related news, SVP Susan G. Rice sold 8,858 shares of the company'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 transaction 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 approximately $4,543,854.08. This represents a 13.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 value of $326,430.00. Following the sale, the senior vice president owned 37,743 shares of the company's stock, valued at approximately $3,396,870. The trade was a 8.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by insiders.
Entegris Price Performance
Entegris stock opened at $93.09 on Monday. The stock has a market capitalization of $14.11 billion, a P/E ratio of 47.98 and a beta of 1.29. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $117.44. 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 firm's 50-day moving average is $84.26 and its two-hundred day moving average is $81.45.
Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.01. The business had revenue of $792.40 million for the quarter, compared to the consensus estimate of $753.85 million. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The company's quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.71 earnings per share. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. Equities analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.
Entegris Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were issued a $0.10 dividend. The ex-dividend date was Wednesday, July 30th. This represents a $0.40 annualized dividend and a yield of 0.4%. Entegris's payout ratio is 20.62%.
About Entegris
(
Free Report)
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).
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