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

Other institutional investors also recently modified their holdings of the company. Rise Advisors LLC purchased a new stake in shares of Entegris during the 1st quarter valued at approximately $26,000. Costello Asset Management INC purchased a new stake in Entegris in the 1st quarter worth approximately $26,000. Central Pacific Bank Trust Division lifted its stake in 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 in the last quarter. Neo Ivy Capital Management purchased a new stake in Entegris in the 4th quarter worth approximately $34,000. Finally, Summit Securities Group LLC purchased a new stake in Entegris in the 1st quarter worth approximately $36,000.

Analysts Set New Price Targets

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

Entegris Stock Up 2.7%

NASDAQ ENTG traded up $2.49 during trading hours on Monday, reaching $95.81. 2,713,223 shares of the company's stock traded hands, compared to its average volume of 2,627,791. 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 firm has a market cap of $14.52 billion, a PE ratio of 49.39 and a beta of 1.29. Entegris, Inc. has a 52-week low of $60.75 and a 52-week high of $117.88. The firm has a 50-day simple moving average of $83.89 and a 200 day simple moving average of $81.50.

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

Entegris Dividend Announcement

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

Insider Activity at Entegris

In related news, SVP Clinton M. Haris sold 3,627 shares of the business's 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 completion of the sale, the senior vice president directly owned 37,743 shares in the company, valued at approximately $3,396,870. The trade was a 8.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Susan G. Rice sold 8,858 shares of the company's stock in a transaction that occurred on 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.61% of the company's stock.

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).