Entegris, Inc. $ENTG Shares Purchased by Perpetual Ltd

Key Points

• Perpetual Ltd has increased its stake in Entegris, Inc. by 55.3%, acquiring an additional 145,806 shares to reach a total of 409,637 shares valued at approximately $33 million.
• Entegris announced a quarterly dividend of $0.10 per share, resulting in an annualized yield of 0.4%, with a dividend payout ratio currently at 20.62%.
• Wall Street analysts have varied ratings for Entegris, with key updates including a downgrade from "hold" to "sell" by Wall Street Zen, while Mizuho set a new price target of $98.00 with an "outperform" rating.

Perpetual Ltd raised its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 55.3% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 409,637 shares of the semiconductor company's stock after buying an additional 145,806 shares during the period. Perpetual Ltd owned about 0.27% of Entegris worth $33,037,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. lifted 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 purchasing an additional 351,053 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in Entegris by 21.1% in 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 acquiring an additional 2,361,065 shares in the last quarter. Principal Financial Group Inc. lifted its position in Entegris by 235.8% in 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 in the last quarter. Select Equity Group L.P. lifted its position in Entegris by 6.9% in 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 acquiring an additional 263,168 shares in the last quarter. Finally, Durable Capital Partners LP lifted its position in Entegris by 43.3% in 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 acquiring an additional 881,198 shares in the last quarter.

Entegris Stock Performance

Entegris stock traded up $2.30 during mid-day trading on Tuesday, reaching $98.11. 528,259 shares of the company traded hands, compared to its average volume of 3,231,883. The firm's fifty day moving average is $83.89 and its two-hundred day moving average is $81.50. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95. The company has a market capitalization of $14.87 billion, a price-to-earnings ratio of 50.63 and a beta of 1.29. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $117.88.

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

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, July 30th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, July 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. Entegris's dividend payout ratio (DPR) is presently 20.62%.

Insiders Place Their Bets

In related news, SVP Susan G. Rice sold 8,858 shares of the stock in a transaction on Wednesday, August 13th. The shares were 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 of the company's stock, valued at approximately $4,543,854.08. This represents a 13.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Clinton M. Haris sold 3,627 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 37,743 shares in the company, valued at $3,396,870. This represents a 8.77% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.61% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on ENTG. Mizuho boosted their target price on Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. Oppenheimer assumed coverage on Entegris in a research note on Thursday, September 4th. They issued a "market perform" rating and a $95.00 price objective on the stock. Wall Street Zen cut Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. KeyCorp reiterated an "overweight" rating and set a $103.00 target price (down previously from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Finally, The Goldman Sachs Group assumed coverage on shares of Entegris in a report on Thursday, July 10th. They set a "neutral" rating and a $85.00 target price on the stock. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $105.30.

Entegris Company 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).