Nykredit A S Makes New $7.78 Million Investment in Entegris, Inc. $ENTG

Key Points

• Nykredit A/S purchased 43,226 Entegris shares in the second quarter, establishing a new position valued at approximately $7.78 million. Several other institutional investors also increased or initiated holdings.
• Entegris exceeded quarterly expectations, reporting $0.93 EPS versus the $0.82 consensus estimate and revenue of $883.2 million, up 11.5% year over year. The company guided for third-quarter EPS of $0.96–$1.04.
• Analyst sentiment remains positive, with a consensus “Buy” rating and an average price target of $170.89, although insiders sold nearly $1.27 million of stock over the past 90 days.

Nykredit A S bought a new stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 43,226 shares of the semiconductor company's stock, valued at approximately $7,775,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Corient Private Wealth LP increased its position in shares of Entegris by 1.4% in the second quarter. Corient Private Wealth LP now owns 96,022 shares of the semiconductor company's stock worth $17,270,000 after acquiring an additional 1,291 shares in the last quarter. Amundi boosted its position in Entegris by 114.5% during the second quarter. Amundi now owns 643,612 shares of the semiconductor company's stock valued at $115,760,000 after purchasing an additional 343,604 shares during the last quarter. Groupe la Francaise bought a new stake in shares of Entegris in the 2nd quarter valued at approximately $411,000. Styrax Capital LP bought a new stake in Entegris in the second quarter worth approximately $13,490,000. Finally, HB Wealth Management LLC boosted its holdings in Entegris by 7.8% in the second quarter. HB Wealth Management LLC now owns 2,989 shares of the semiconductor company's stock worth $538,000 after purchasing an additional 215 shares in the last quarter.

Entegris Stock Up 0.6%

Entegris stock opened at $143.14 on Tuesday. The company has a 50 day moving average of $138.55 and a 200-day moving average of $138.35. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The stock has a market capitalization of $21.83 billion, a PE ratio of 71.93, a price-to-earnings-growth ratio of 1.31 and a beta of 1.37. The company has a quick ratio of 1.85, a current ratio of 3.05 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 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The company had revenue of $883.20 million during the quarter, compared to analysts' expectations of $835.79 million. During the same period last year, the business earned $0.66 EPS. The business's quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities research analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were issued a dividend of $0.10 per share. 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 payout ratio is presently 20.10%.

Insider Transactions at Entegris

In other news, insider Olivier Blachier sold 2,000 shares of the company's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the sale, the insider directly owned 34,997 shares of the company's stock, valued at approximately $5,622,618.02. This represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 business's stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,978 shares of company stock worth $1,273,734 in the last ninety days. Insiders own 0.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Entegris in a research report on Monday, August 3rd. Freedom Capital raised shares of Entegris to a "strong-buy" rating in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft upgraded Entegris from a "hold" rating to a "buy" rating and increased their target price for the stock from $152.00 to $200.00 in a report on Wednesday, August 12th. UBS Group raised their price target on shares of Entegris from $205.00 to $215.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Finally, Mizuho lifted their price objective on Entegris from $180.00 to $200.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 1st. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Entegris currently has a consensus rating of "Buy" and an average price target of $170.89.

About Entegris

Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced electronic devices. Its offerings are designed to help manufacturers manage contamination, control critical process environments and improve the performance and reliability of production processes.

The company's products include specialty chemicals and gases, liquid and gas filtration systems, wafer-handling and storage products, contamination-control solutions, chemical-mechanical planarization materials, and deposition-related technologies.

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