Korea Investment CORP Makes New Investment in Entegris, Inc. $ENTG

Korea Investment CORP acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 100,913 shares of the semiconductor company's stock, valued at approximately $18,150,000. Korea Investment CORP owned approximately 0.07% of Entegris at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. California Public Employees Retirement System raised its stake in Entegris by 7.5% during the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company's stock valued at $15,573,000 after purchasing an additional 13,544 shares in the last quarter. Squarepoint Ops LLC lifted its position in Entegris by 66.3% during the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company's stock valued at $3,680,000 after purchasing an additional 18,195 shares during the last quarter. Treasurer of the State of North Carolina grew its stake in shares of Entegris by 1.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company's stock worth $5,647,000 after buying an additional 1,114 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of Entegris by 3.8% in the 2nd quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company's stock worth $16,196,000 after buying an additional 7,292 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of Entegris in the 2nd quarter worth about $241,000.

Wall Street Analyst Weigh In

A number of research analysts recently commented on ENTG shares. The Goldman Sachs Group raised shares of Entegris from a "sell" rating to a "buy" rating in a report on Wednesday, August 12th. Zacks Research raised Entegris from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft upgraded Entegris from a "hold" rating to a "buy" rating and upped their price objective for the company from $152.00 to $200.00 in a research report on Wednesday, August 12th. UBS Group raised their price objective on Entegris from $205.00 to $215.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Finally, Citigroup reiterated a "buy" rating on shares of Entegris in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $170.89.

Insider Transactions at Entegris

In related news, SVP Susan G. Rice sold 2,062 shares of the business'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 completion of the transaction, the senior vice president owned 66,976 shares in the company, valued at $10,014,251.52. The trade was a 2.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Joseph Colella sold 3,916 shares of the company's stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the transaction, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. This trade represents a 7.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 18,395 shares of company stock valued at $2,808,134. Company insiders own 0.53% of the company's stock.

Entegris Price Performance

ENTG stock opened at $143.66 on Monday. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83. The company has a 50-day moving average price of $147.98 and a 200 day moving average price of $137.21. The stock has a market cap of $21.91 billion, a PE ratio of 72.19, a P/E/G ratio of 1.32 and a beta of 1.35.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.82 by $0.11. The company had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm's revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Equities research analysts anticipate that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris's dividend payout ratio is currently 20.10%.

Entegris Profile

Entegris, Inc is a leading provider of advanced materials and process control solutions for the semiconductor and other high-technology industries. The company develops and supplies a broad portfolio of products designed to ensure purity and reliability throughout the manufacturing process, helping customers address critical contamination and yield challenges.

Entegris's product offerings include high-purity chemicals and specialty materials, liquid and gas filtration and purification systems, and sophisticated wafer and chip handling solutions.

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