Perpetual Ltd Acquires 145,806 Shares of Entegris, Inc. $ENTG

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 increased its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 55.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 409,637 shares of the semiconductor company's stock after acquiring an additional 145,806 shares during the quarter. Perpetual Ltd owned about 0.27% of Entegris worth $33,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of ENTG. IFM Investors Pty Ltd grew its position in Entegris by 5.5% during the 2nd quarter. IFM Investors Pty Ltd now owns 28,960 shares of the semiconductor company's stock valued at $2,336,000 after purchasing an additional 1,510 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Entegris by 16.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,234 shares of the semiconductor company's stock valued at $627,000 after purchasing an additional 1,046 shares during the last quarter. Gateway Investment Advisers LLC grew its position in Entegris by 7.4% during the 2nd quarter. Gateway Investment Advisers LLC now owns 18,883 shares of the semiconductor company's stock valued at $1,523,000 after purchasing an additional 1,308 shares during the last quarter. Swedbank AB grew its position in Entegris by 2.1% during the 1st quarter. Swedbank AB now owns 1,583,657 shares of the semiconductor company's stock valued at $138,538,000 after purchasing an additional 32,715 shares during the last quarter. Finally, First Hawaiian Bank grew its position in Entegris by 0.9% during the 1st quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company's stock valued at $1,381,000 after purchasing an additional 143 shares during the last quarter.

Insider Buying and Selling

In other news, SVP Susan G. Rice sold 8,858 shares of Entegris stock in a transaction that occurred 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 owned 56,912 shares in the company, valued at $4,543,854.08. This trade represents a 13.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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 transaction of $326,430.00. Following the sale, the senior vice president owned 37,743 shares in the company, valued at approximately $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.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ENTG. Wall Street Zen downgraded shares of Entegris from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Mizuho raised their price target on shares of Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. The Goldman Sachs Group began coverage on shares of Entegris in a report on Thursday, July 10th. They set a "neutral" rating and a $85.00 price target on the stock. UBS Group dropped their price target on shares of Entegris from $95.00 to $90.00 and set a "neutral" rating on the stock in a report on Thursday, July 31st. Finally, KeyCorp reissued an "overweight" rating and issued a $103.00 price objective (down previously from $112.00) on shares of Entegris in a report on Thursday, July 31st. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $105.30.

Entegris Price Performance

NASDAQ ENTG opened at $93.32 on Friday. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $117.88. The stock has a market cap of $14.15 billion, a price-to-earnings ratio of 48.10 and a beta of 1.29. The company's 50 day moving average is $83.70 and its two-hundred day moving average is $81.82. The company has a current ratio of 3.30, a quick ratio of 1.95 and a debt-to-equity ratio of 1.04.

Entegris (NASDAQ:ENTG - Get Free Report) last released its earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $753.85 million. During the same quarter last year, the business earned $0.71 EPS. The firm's revenue was down 2.5% compared to the same quarter last year. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. As a group, research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

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

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).

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