Narwhal Capital Management Increases Holdings in Entegris, Inc. $ENTG

Key Points

• Narwhal Capital Management increased its holdings in Entegris, Inc. by 37.9% during the second quarter, bringing its total shares to 56,697, valued at approximately $4.57 million.
• Entegris reported a quarterly earnings per share of $0.66, slightly exceeding analysts' expectations of $0.65, with total revenue of $792.40 million for the quarter.
• The company has declared a quarterly dividend of $0.10 per share, translating to an annualized dividend yield of 0.4%.

Narwhal Capital Management lifted its position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 37.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,697 shares of the semiconductor company's stock after buying an additional 15,572 shares during the period. Narwhal Capital Management's holdings in Entegris were worth $4,573,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Entegris by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 15,553,199 shares of the semiconductor company's stock valued at $1,360,594,000 after buying an additional 351,053 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Entegris by 21.1% during the 1st 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. Principal Financial Group Inc. raised its holdings in shares of Entegris by 235.8% during the 1st quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company's stock valued at $438,642,000 after buying an additional 3,520,997 shares in the last quarter. Select Equity Group L.P. raised its holdings in shares of Entegris by 6.9% during the 1st quarter. Select Equity Group L.P. now owns 4,074,232 shares of the semiconductor company's stock valued at $356,414,000 after buying an additional 263,168 shares in the last quarter. Finally, Durable Capital Partners LP raised its holdings 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 buying an additional 881,198 shares in the last quarter.

Entegris Price Performance

Shares of ENTG stock opened at $94.56 on Thursday. The firm has a market cap of $14.34 billion, a P/E ratio of 48.74 and a beta of 1.38. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $112.36. The business's 50 day moving average price is $85.06 and its 200-day moving average price is $81.48. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.95 and a current ratio of 3.30.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.65 by $0.01. The firm had revenue of $792.40 million for the quarter, compared to analyst estimates of $753.85 million. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The business's quarterly revenue was down 2.5% compared to the same quarter last year. During the same period last year, the company earned $0.71 EPS. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, equities research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The company also recently declared 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. The ex-dividend date was Wednesday, July 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.4%. Entegris's payout ratio is currently 20.62%.

Insider Activity at Entegris

In related news, SVP Susan G. Rice sold 8,858 shares of Entegris stock in a transaction that occurred on Wednesday, August 13th. The stock was 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 $4,543,854.08. The trade was a 13.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Clinton M. Haris sold 3,627 shares of Entegris stock in a transaction that occurred on Thursday, July 17th. The shares were 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 in the company, valued at $3,396,870. This represents a 8.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

Wall Street Analysts Forecast Growth

ENTG has been the topic of a number of analyst reports. Wall Street Zen raised Entegris from a "sell" rating to a "hold" rating in a research note on Friday, October 3rd. Zacks Research raised Entegris from a "strong sell" rating to a "hold" rating in a research note on Friday, October 3rd. KeyCorp reaffirmed an "overweight" rating and issued a $103.00 price target (down from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Mizuho lifted their price target on Entegris from $100.00 to $108.00 and gave the stock an "outperform" rating in a research note on Friday, October 3rd. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Entegris in a research note on Wednesday. Seven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $106.30.

Entegris 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).

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