Entegris, Inc. $ENTG Shares Sold by Tran Capital Management L.P.

Key Points

• Tran Capital Management L.P. significantly decreased its stake in Entegris, Inc., selling 102,037 shares and holding only 9,230 shares valued at $744,000 by the end of the last quarter.
• Several hedge funds, including Mackenzie Financial Corp and New York State Teachers Retirement System, either boosted their positions or initiated new investments in Entegris during recent quarters.
• Entegris reported a 0.66 EPS for the last quarter, surpassing estimates, but experienced a 2.5% year-over-year revenue decline, with analysts predicting an average price target of $105.30 for the stock.

Tran Capital Management L.P. cut its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 91.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 9,230 shares of the semiconductor company's stock after selling 102,037 shares during the period. Tran Capital Management L.P.'s holdings in Entegris were worth $744,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Mackenzie Financial Corp raised its holdings in Entegris by 61.4% in the 1st quarter. Mackenzie Financial Corp now owns 8,891 shares of the semiconductor company's stock valued at $778,000 after acquiring an additional 3,382 shares during the last quarter. Compass Wealth Management LLC acquired a new position in Entegris in the 1st quarter valued at $1,614,000. Sequoia Financial Advisors LLC raised its holdings in Entegris by 11.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,767 shares of the semiconductor company's stock valued at $242,000 after acquiring an additional 285 shares during the last quarter. Sarasin & Partners LLP acquired a new stake in shares of Entegris during the 1st quarter worth $1,544,000. Finally, New York State Teachers Retirement System acquired a new stake in shares of Entegris during the 1st quarter worth $4,870,000.

Entegris Stock Down 0.2%

Shares of NASDAQ:ENTG traded down $0.19 during trading on Tuesday, hitting $95.63. The company's stock had a trading volume of 1,165,505 shares, compared to its average volume of 3,235,233. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.95 and a current ratio of 3.30. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $117.88. The stock's 50-day moving average price is $83.89 and its two-hundred day moving average price is $81.50. The company has a market capitalization of $14.50 billion, a PE ratio of 49.29 and a beta of 1.29.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, topping 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 business had revenue of $792.40 million for the quarter, compared to analysts' expectations of $753.85 million. During the same quarter in the previous year, the firm posted $0.71 earnings per share. The company'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, sell-side analysts expect that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Investors 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 annualized dividend and a dividend yield of 0.4%. Entegris's payout ratio is 20.62%.

Insider Activity

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 approximately $3,396,870. This trade represents a 8.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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. The trade was a 13.47% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.61% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. The Goldman Sachs Group assumed coverage on Entegris in a report on Thursday, July 10th. They set a "neutral" rating and a $85.00 price objective for the company. UBS Group dropped 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. Oppenheimer assumed coverage on Entegris in a report on Thursday, September 4th. They set a "market perform" rating and a $95.00 price objective for the company. Mizuho upped their price objective on Entegris from $90.00 to $98.00 and gave the stock an "outperform" rating in a report on Tuesday, July 15th. Finally, KeyCorp restated an "overweight" rating and set a $103.00 price objective (down from $112.00) on shares of Entegris in a report on Thursday, July 31st. Seven investment 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, the company presently has an average rating of "Moderate Buy" and an average price target 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).