Nissay Asset Management Corp Japan Raises Stock Position in Entegris, Inc. $ENTG

Nissay Asset Management Corp Japan grew its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 29.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,638 shares of the semiconductor company's stock after acquiring an additional 16,661 shares during the period. Nissay Asset Management Corp Japan's holdings in Entegris were worth $13,245,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of ENTG. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in Entegris by 0.3% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company's stock worth $2,645,000 after purchasing an additional 100 shares in the last quarter. Parvin Asset Management LLC grew its holdings in Entegris by 19.2% in the first quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company's stock valued at $87,000 after purchasing an additional 120 shares during the last quarter. Lido Advisors LLC increased its position in shares of Entegris by 1.5% in the first quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company's stock valued at $1,002,000 after buying an additional 125 shares in the last quarter. Northwestern Mutual Investment Management Company LLC increased its position in shares of Entegris by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company's stock valued at $2,858,000 after buying an additional 127 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. raised its stake in shares of Entegris by 0.3% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company's stock worth $5,199,000 after buying an additional 128 shares during the last quarter.

Entegris Trading Down 7.2%

Entegris stock opened at $134.92 on Friday. The stock has a 50-day moving average price of $145.39 and a 200 day moving average price of $137.93. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94. The stock has a market cap of $20.58 billion, a PE ratio of 67.80, a P/E/G ratio of 1.24 and a beta of 1.35. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83.

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, topping analysts' consensus estimates of $0.82 by $0.11. The business had revenue of $883.20 million during 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 company's quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Equities research analysts predict that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Dividend Announcement

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

Insiders Place Their Bets

In other news, SVP Susan G. Rice sold 2,062 shares of Entegris stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the sale, the senior vice president owned 66,976 shares of the company's stock, valued at $10,014,251.52. The trade was a 2.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 owned 50,297 shares of the company's stock, valued at $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 11,547 shares of company stock worth $1,786,207. 0.53% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ENTG has been the subject of several recent research reports. Weiss Ratings restated a "hold (c)" rating on shares of Entegris in a report on Monday, August 3rd. The Goldman Sachs Group raised shares of Entegris from a "sell" rating to a "buy" rating in a report on Wednesday, August 12th. Needham & Company LLC increased their price target on shares of Entegris from $165.00 to $170.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Wall Street Zen cut shares of Entegris from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. Finally, BMO Capital Markets lifted their price objective on Entegris from $153.00 to $167.00 and gave the stock an "outperform" rating in a research report on Monday, July 6th. 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $170.89.

Entegris Company 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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