UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Boosts Stock Holdings in Entegris, Inc. $ENTG

Key Points

• UBS Asset Management increased its stake in Entegris, Inc. by 3.0%, owning approximately $56.41 million worth of the semiconductor company's stock as of the end of the first quarter.
• Several institutional investors are actively trading shares of Entegris, with notable transactions including new positions purchased by Costello Asset Management and Central Pacific Bank Trust Division.
• The semiconductor company reported a slight increase in earnings per share, exceeding analyst consensus expectations, and it has established a quarterly dividend with a yield of 0.5%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 3.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 644,858 shares of the semiconductor company's stock after acquiring an additional 18,541 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.43% of Entegris worth $56,412,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Rise Advisors LLC acquired a new position in shares of Entegris in the first quarter worth $26,000. Costello Asset Management INC acquired a new position in shares of Entegris in the first quarter worth $26,000. Central Pacific Bank Trust Division grew its stake in shares of Entegris by 125.7% in the first quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 171 shares in the last quarter. Neo Ivy Capital Management acquired a new position in shares of Entegris in the fourth quarter worth $34,000. Finally, Summit Securities Group LLC acquired a new position in shares of Entegris in the first quarter worth $36,000.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. KeyCorp restated an "overweight" rating and issued a $103.00 price target (down previously from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Mizuho boosted their target price on shares of Entegris from $90.00 to $98.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 15th. Oppenheimer assumed coverage on shares of Entegris in a research note on Thursday, September 4th. They set a "market perform" rating and a $95.00 target price for the company. UBS Group lowered their target price on shares of Entegris from $95.00 to $90.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Finally, The Goldman Sachs Group assumed coverage on shares of Entegris in a research note on Thursday, July 10th. They set a "neutral" rating and a $85.00 target price for the company. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Entegris currently has a consensus rating of "Moderate Buy" and an average target price of $105.30.

Insider Transactions at Entegris

In other news, SVP Clinton M. Haris sold 3,627 shares of the company's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $90.00, for a total value of $326,430.00. Following the completion of the sale, the senior vice president directly owned 37,743 shares of the company's stock, valued at approximately $3,396,870. This represents a 8.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Susan G. Rice sold 8,858 shares of the company's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total transaction of $707,222.72. Following the completion of the sale, the senior vice president directly owned 56,912 shares of the company's stock, valued at $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. 0.67% of the stock is currently owned by corporate insiders.

Entegris Stock Performance

ENTG traded down $2.65 on Friday, reaching $93.32. The company had a trading volume of 6,085,240 shares, compared to its average volume of 2,507,739. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $117.88. The stock has a market capitalization of $14.15 billion, a PE ratio of 48.10 and a beta of 1.29. The company has a quick ratio of 1.95, a current ratio of 3.30 and a debt-to-equity ratio of 1.04. The stock has a 50-day moving average price of $83.70 and a 200-day moving average price of $81.82.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.01. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The business had revenue of $792.40 million during the quarter, compared to analysts' expectations of $753.85 million. During the same period in the prior year, the company earned $0.71 earnings per share. The business'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, research analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, July 30th were issued a $0.10 dividend. 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 presently 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).