Trexquant Investment LP Takes $3.59 Million Position in Entegris, Inc. $ENTG

Key Points

• Trexquant Investment LP has acquired 41,032 shares of Entegris, Inc. for approximately $3.59 million, reflecting growing interest from various hedge funds in the semiconductor company.
• Entegris reported earnings of $0.66 per share for the quarter, exceeding analysts' expectations, but revenue fell 2.5% year-over-year.
• The company announced a quarterly dividend of $0.10 per share, leading to a 0.5% yield and a dividend payout ratio of 20.62%.

Trexquant Investment LP purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 41,032 shares of the semiconductor company's stock, valued at approximately $3,589,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ENTG. Costello Asset Management INC bought a new position in Entegris during the first quarter valued at about $26,000. Central Pacific Bank Trust Division increased its stake in Entegris by 125.7% during the first quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock valued at $27,000 after acquiring an additional 171 shares during the period. Neo Ivy Capital Management bought a new position in Entegris during the fourth quarter valued at about $34,000. Summit Securities Group LLC bought a new position in Entegris during the first quarter valued at about $36,000. Finally, Curat Global LLC bought a new position in Entegris during the first quarter valued at about $39,000.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Clinton M. Haris sold 3,627 shares of the company's stock in a transaction on Thursday, July 17th. The stock was 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 represents a 8.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 on Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total value of $707,222.72. Following the transaction, 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 corporate insiders.

Entegris Price Performance

NASDAQ ENTG traded up $2.33 during trading hours on Friday, reaching $81.98. 1,784,462 shares of the company's stock were exchanged, compared to its average volume of 2,437,732. The stock has a market cap of $12.43 billion, a PE ratio of 42.26 and a beta of 1.29. Entegris, Inc. has a one year low of $60.75 and a one year high of $117.88. The firm has a fifty day moving average of $83.25 and a 200-day moving average of $82.63. The company has a current ratio of 3.30, a quick ratio of 1.95 and a debt-to-equity ratio of 1.04.

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 analysts' consensus estimates of $0.65 by $0.01. The business had revenue of $792.40 million for the quarter, compared to analyst estimates of $753.85 million. Entegris had a return on equity of 12.05% and a net margin of 9.17%.Entegris's revenue for the quarter was down 2.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.71 EPS. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, equities research analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, July 30th. This represents a $0.40 annualized dividend and a yield of 0.5%. Entegris's dividend payout ratio is currently 20.62%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Mizuho upped their price objective on Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. Wall Street Zen lowered Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. UBS Group lowered their price objective on Entegris from $95.00 to $90.00 and set a "neutral" rating on the stock 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 objective on the stock. Finally, Oppenheimer assumed coverage on Entegris in a research note on Thursday. They issued a "market perform" rating and a $95.00 price objective on the stock. 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.com, the company presently has a consensus 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).