Swedbank AB Acquires 32,715 Shares of Entegris, Inc. $ENTG

Key Points

• Swedbank AB has increased its stake in Entegris, Inc. by 2.1%, now owning 1,583,657 shares valued at approximately $138.5 million.
• Entegris reported Q2 earnings per share (EPS) of $0.66, surpassing analysts' expectations, although revenue declined by 2.5% year-over-year.
• The company declared a quarterly dividend of $0.10 per share with an annualized yield of 0.5%, reflecting a payout ratio of 20.62%.

Swedbank AB increased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 2.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,583,657 shares of the semiconductor company's stock after buying an additional 32,715 shares during the quarter. Swedbank AB owned 1.05% of Entegris worth $138,538,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Personal CFO Solutions LLC grew its holdings in Entegris by 6.0% during the first quarter. Personal CFO Solutions LLC now owns 2,466 shares of the semiconductor company's stock worth $216,000 after purchasing an additional 140 shares during the period. MAI Capital Management grew its holdings in Entegris by 19.7% during the first quarter. MAI Capital Management now owns 864 shares of the semiconductor company's stock worth $76,000 after purchasing an additional 142 shares during the period. First Hawaiian Bank grew its holdings in Entegris by 0.9% during the first quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company's stock worth $1,381,000 after purchasing an additional 143 shares during the period. Landscape Capital Management L.L.C. boosted its holdings in shares of Entegris by 7.5% during the first quarter. Landscape Capital Management L.L.C. now owns 2,345 shares of the semiconductor company's stock worth $205,000 after acquiring an additional 164 shares during the period. Finally, Evexia Wealth LLC boosted its holdings in shares of Entegris by 6.3% during the first quarter. Evexia Wealth LLC now owns 2,798 shares of the semiconductor company's stock worth $245,000 after acquiring an additional 166 shares during the period.

Insider Transactions at Entegris

In other news, SVP Clinton M. Haris sold 3,627 shares of the stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $90.00, for a total transaction of $326,430.00. Following the transaction, the senior vice president owned 37,743 shares of the company's stock, valued at $3,396,870. This represents a 8.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Susan G. Rice sold 8,858 shares of the 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 transaction, the senior vice president directly owned 56,912 shares in the company, valued at $4,543,854.08. This trade represents a 13.47% decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. UBS Group reduced their price objective on Entegris from $95.00 to $90.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. KeyCorp reiterated an "overweight" rating and issued a $103.00 price target (down from $112.00) on shares of Entegris in a research note on Thursday, July 31st. The Goldman Sachs Group assumed coverage on Entegris in a research note on Thursday, July 10th. They issued a "neutral" rating and a $85.00 price target for the company. Oppenheimer started coverage on Entegris in a research note on Thursday, September 4th. They issued a "market perform" rating and a $95.00 price target for the company. Finally, Needham & Company LLC restated a "buy" rating and set a $100.00 target price on shares of Entegris in a research note on Tuesday, May 20th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Entegris currently has an average rating of "Moderate Buy" and a consensus target price of $105.30.

Entegris Trading Up 1.7%

NASDAQ ENTG traded up $1.59 on Wednesday, reaching $94.20. The company had a trading volume of 749,400 shares, compared to its average volume of 3,220,969. The firm has a market cap of $14.28 billion, a price-to-earnings ratio of 48.54 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. The business has a 50 day moving average of $83.33 and a two-hundred day moving average of $81.79. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95.

Entegris (NASDAQ:ENTG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.01. The business had revenue of $792.40 million during 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%.Entegris's quarterly revenue was down 2.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.71 earnings per share. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. Analysts forecast that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

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