Man Group plc Makes New Investment in Entegris, Inc. $ENTG

Key Points

• Man Group plc acquired 13,683 Entegris shares during the second quarter, valued at approximately $2.46 million. Several other institutional investors also initiated or increased their positions.
• Analyst sentiment remains positive: Entegris has a consensus “Buy” rating, with recent target-price increases from Mizuho, UBS, and Deutsche Bank.
• Entegris exceeded quarterly expectations, reporting $0.93 in EPS versus an $0.82 estimate and revenue of $883.2 million. The company also raised its outlook with third-quarter EPS guidance of $0.96 to $1.04.

Man Group plc purchased a new stake 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 and Exchange Commission. The institutional investor purchased 13,683 shares of the semiconductor company's stock, valued at approximately $2,461,000.

Several other large investors also recently added to or reduced their stakes in ENTG. Millstone Evans Group LLC boosted its position in Entegris by 191.3% during the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company's stock worth $31,000 after purchasing an additional 176 shares during the period. Ancora Advisors LLC purchased a new stake in shares of Entegris during the 2nd quarter valued at approximately $31,000. Johnson Financial Group Inc. boosted its holdings in Entegris by 147.5% in the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company's stock worth $33,000 after buying an additional 236 shares during the period. First Horizon Corp boosted its holdings in Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company's stock worth $35,000 after buying an additional 178 shares during the period. Finally, Elevated Capital Advisors LLC purchased a new position in Entegris in the 1st quarter valued at approximately $44,000.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Mizuho raised their target price on Entegris from $180.00 to $200.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 1st. Weiss Ratings reissued a "hold (c)" rating on shares of Entegris in a report on Monday, August 3rd. Wall Street Zen cut shares of Entegris from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. UBS Group upped their target price on shares of Entegris from $205.00 to $215.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Entegris from a "hold" rating to a "buy" rating and raised their price target for the company from $152.00 to $200.00 in a report on Wednesday, August 12th. 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 company's stock. According to MarketBeat, Entegris presently has a consensus rating of "Buy" and an average price target of $170.89.

Entegris Stock Performance

NASDAQ ENTG opened at $129.51 on Wednesday. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. The company has a fifty day moving average of $143.64 and a 200-day moving average of $138.00. The company has a market capitalization of $19.75 billion, a P/E ratio of 65.08, a P/E/G ratio of 1.25 and a beta of 1.36. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05.

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

Entegris Dividend Announcement

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

Insider Buying and Selling

In other Entegris news, insider Olivier Blachier sold 2,000 shares of the business's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the sale, the insider directly owned 34,997 shares of the company's stock, valued at $5,622,618.02. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the company's stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the sale, the senior vice president owned 50,297 shares of the company's stock, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 7,978 shares of company stock worth $1,273,734 in the last 90 days. 0.53% of the stock is owned by company insiders.

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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