Swedbank AB Sells 469,556 Shares of Entegris, Inc. $ENTG

Key Points

• Swedbank AB has reduced its stake in Entegris, Inc. by 29.7%, selling 469,556 shares and now holding approximately 0.74% of the company valued at $89.85 million.
• Entegris recently reported a quarterly earnings per share of $0.66, surpassing analysts' expectations and has set its Q3 2025 guidance at 0.680-0.700 EPS.
• The company's stock has a current price target range, with analysts projecting an average target of $105.30, with several encouraging ratings and some recent downgrades.

Swedbank AB reduced its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 29.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,114,101 shares of the semiconductor company's stock after selling 469,556 shares during the period. Swedbank AB owned 0.74% of Entegris worth $89,852,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in ENTG. Costello Asset Management INC bought a new position in shares of Entegris in the 1st quarter worth $26,000. Rise Advisors LLC bought a new position in shares of Entegris in the 1st quarter worth $26,000. Central Pacific Bank Trust Division boosted its position in shares of Entegris by 125.7% in the 1st quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 171 shares during the last quarter. Neo Ivy Capital Management bought a new position in shares of Entegris in the 4th quarter worth $34,000. Finally, Summit Securities Group LLC bought a new position in shares of Entegris in the 1st quarter worth $36,000.

Insider Transactions at Entegris

In related news, SVP Clinton M. Haris sold 3,627 shares of Entegris stock in a transaction dated Thursday, July 17th. The stock was 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 of the company's stock, valued at approximately $3,396,870. The trade was a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Susan G. Rice sold 8,858 shares of Entegris stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total value of $707,222.72. Following the completion of the sale, the senior vice president directly owned 56,912 shares in the company, valued at approximately $4,543,854.08. This represents a 13.47% decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by insiders.

Entegris Stock Down 2.8%

Shares of ENTG traded down $2.65 during midday trading on Friday, hitting $93.32. The stock had a trading volume of 6,085,240 shares, compared to its average volume of 2,507,739. The company has a 50 day simple moving average of $83.70 and a two-hundred day simple moving average of $81.82. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $117.88. The firm has a market cap of $14.15 billion, a price-to-earnings ratio of 48.10 and a beta of 1.29. 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 released its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.01. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The firm had revenue of $792.40 million for the quarter, compared to the consensus estimate of $753.85 million. During the same quarter last year, the business posted $0.71 EPS. The company's revenue for the quarter 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, analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Investors of record on Wednesday, July 30th were given a $0.10 dividend. 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 payout ratio is currently 20.62%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ENTG. Mizuho raised their price target on Entegris from $90.00 to $98.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. UBS Group reduced their target price on Entegris from $95.00 to $90.00 and set a "neutral" rating on the stock in a report on Thursday, July 31st. The Goldman Sachs Group began coverage on Entegris in a report on Thursday, July 10th. They set a "neutral" rating and a $85.00 target price on the stock. Oppenheimer began coverage on Entegris in a report on Thursday, September 4th. They set a "market perform" rating and a $95.00 target price on the stock. Finally, KeyCorp reiterated an "overweight" rating and set a $103.00 target price (down from $112.00) on shares of Entegris in a report on Thursday, July 31st. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Entegris has a consensus rating of "Moderate Buy" and a consensus target price 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).