Nuveen LLC Takes Position in Entegris, Inc. $ENTG

Key Points

• Nuveen LLC has invested approximately $31.35 million in Entegris, acquiring 358,385 shares during the 1st quarter, giving it a 0.24% ownership stake.
• Entegris recently announced a quarterly dividend of $0.10 per share, which will be paid on August 20th, representing an annualized yield of 0.5%.
• Despite beating analysts' earnings expectations for the last quarter with an EPS of $0.66, Entegris' stock declined by 2.2% and has seen a revenue decrease of 2.5% year-over-year.

Nuveen LLC bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 358,385 shares of the semiconductor company's stock, valued at approximately $31,352,000. Nuveen LLC owned about 0.24% of Entegris at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ENTG. Principal Financial Group Inc. lifted its position 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 acquiring an additional 3,520,997 shares during the period. Price T Rowe Associates Inc. MD raised its position in Entegris by 33.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,194,612 shares of the semiconductor company's stock valued at $1,108,940,000 after purchasing an additional 2,826,463 shares during the last quarter. D1 Capital Partners L.P. raised its position in Entegris by 329.4% in the fourth quarter. D1 Capital Partners L.P. now owns 2,752,902 shares of the semiconductor company's stock valued at $272,702,000 after purchasing an additional 2,111,801 shares during the last quarter. Deutsche Bank AG raised its position in Entegris by 434.1% in the fourth quarter. Deutsche Bank AG now owns 1,470,162 shares of the semiconductor company's stock valued at $145,634,000 after purchasing an additional 1,194,903 shares during the last quarter. Finally, TPG GP A LLC acquired a new stake in shares of Entegris in the fourth quarter valued at about $115,639,000.

Wall Street Analysts Forecast Growth

ENTG has been the subject of several recent analyst reports. Mizuho raised their target price 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 dropped their price target on Entegris from $95.00 to $90.00 and set a "neutral" rating on the stock in a report on Thursday, July 31st. Needham & Company LLC reissued a "buy" rating and issued a $100.00 target price on shares of Entegris in a research report on Tuesday, May 20th. KeyCorp reiterated an "overweight" rating and issued a $103.00 price target (down from $112.00) on shares of Entegris in a research report on Thursday, July 31st. Finally, Wall Street Zen cut Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, August 2nd. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Entegris has an average rating of "Moderate Buy" and an average price target of $106.44.

Insiders Place Their Bets

In related news, SVP Susan G. Rice sold 8,858 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total value of $707,222.72. Following the transaction, the senior vice president directly owned 56,912 shares of the company's stock, valued at approximately $4,543,854.08. This trade represents a 13.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Clinton M. Haris sold 3,627 shares of the 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 completion of the sale, the senior vice president owned 37,743 shares of the company's stock, valued at $3,396,870. The trade was a 8.77% decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by company insiders.

Entegris Stock Up 3.2%

Shares of Entegris stock traded up $2.5690 during midday trading on Thursday, hitting $81.9790. The company had a trading volume of 1,306,430 shares, compared to its average volume of 3,295,813. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.95 and a current ratio of 3.30. The stock has a market capitalization of $12.43 billion, a P/E ratio of 42.33 and a beta of 1.22. The company has a 50 day moving average of $82.11 and a 200 day moving average of $84.67. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $119.95.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 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 return on equity of 12.05% and a net margin of 9.17%.The company's revenue was down 2.5% compared to the same quarter last year. During the same period last year, the business posted $0.71 EPS. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, equities analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Investors of record on Wednesday, July 30th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, July 30th. Entegris's dividend payout ratio (DPR) is currently 20.62%.

About Entegris

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).