Phraction Management LLC Purchases 22,435 Shares of Entegris, Inc. $ENTG

Key Points

• Phraction Management LLC increased its stake in Entegris, Inc. by 32.7%, acquiring an additional 22,435 shares during the 2nd quarter, bringing its total holdings to 90,969 shares.
• Entegris reported earnings of $0.66 per share for the quarter, slightly beating estimates, although its revenue declined 2.5% year-over-year to $792.40 million.
• The company declared a quarterly dividend of $0.10 per share, representing an annualized yield of 0.4%, with a payout ratio of 20.62%.

Phraction Management LLC boosted its position in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 32.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 90,969 shares of the semiconductor company's stock after purchasing an additional 22,435 shares during the period. Entegris comprises 2.3% of Phraction Management LLC's holdings, making the stock its 14th biggest holding. Phraction Management LLC owned approximately 0.06% of Entegris worth $7,337,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Hilltop National Bank bought a new position in shares of Entegris during the second quarter valued at approximately $95,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Entegris by 4.9% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,584 shares of the semiconductor company's stock valued at $18,597,000 after acquiring an additional 10,684 shares during the period. Alpine Bank Wealth Management grew its position in Entegris by 73.7% in the 2nd quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 132 shares during the last quarter. Generate Investment Management Ltd bought a new position in Entegris in the 2nd quarter valued at $4,945,000. Finally, James Hambro & Partners LLP increased its stake in Entegris by 8.4% in the second quarter. James Hambro & Partners LLP now owns 852,889 shares of the semiconductor company's stock worth $68,764,000 after purchasing an additional 66,398 shares during the period.

Entegris Stock Performance

ENTG stock opened at $96.81 on Friday. Entegris, Inc. has a one year low of $60.75 and a one year high of $113.90. The firm has a market cap of $14.68 billion, a price-to-earnings ratio of 49.90 and a beta of 1.38. 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 firm has a 50-day simple moving average of $84.47 and a two-hundred day simple moving average of $81.55.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, beating 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 during the quarter, compared to analysts' expectations of $753.85 million. During the same quarter in the prior year, the company posted $0.71 earnings per share. Entegris's revenue for the quarter was down 2.5% compared to the same quarter last year. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, equities analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were paid a $0.10 dividend. 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 20.62%.

Insider Buying and Selling

In other Entegris news, SVP Susan G. Rice sold 8,858 shares of Entegris stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total transaction of $707,222.72. Following the completion of the sale, the senior vice president owned 56,912 shares of the company's stock, valued at approximately $4,543,854.08. The trade was a 13.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Clinton M. Haris sold 3,627 shares of the business's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $90.00, for a total value 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 owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on ENTG shares. Oppenheimer started coverage on shares of Entegris in a research note on Thursday, September 4th. They set a "market perform" rating and a $95.00 target price for the company. KeyCorp reiterated an "overweight" rating and set a $103.00 price objective (down previously from $112.00) on shares of Entegris in a report on Thursday, July 31st. Wall Street Zen downgraded shares of Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. UBS Group reduced their target price on shares of Entegris from $95.00 to $90.00 and set a "neutral" rating on the stock in a research report on Thursday, July 31st. Finally, The Goldman Sachs Group started coverage on Entegris in a report on Thursday, July 10th. They issued a "neutral" rating and a $85.00 price target for the company. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Entegris currently has a consensus rating of "Moderate Buy" and an average target price of $105.30.

Entegris 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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