United Services Automobile Association Invests $828,000 in Entegris, Inc. $ENTG

Key Points

• The United Services Automobile Association (USAA) acquired 9,327 shares of Entegris, Inc. valued at approximately $828,000 during the first quarter.
• Entegris reported $0.66 earnings per share for the last quarter, beating analysts' estimates, and had a revenue of $792.40 million.
• The company declared a quarterly dividend of $0.10 per share, representing a 0.5% dividend yield for investors.

United Services Automobile Association bought a new stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The firm bought 9,327 shares of the semiconductor company's stock, valued at approximately $828,000.

Several other hedge funds have also modified their holdings of ENTG. Principal Financial Group Inc. raised its holdings in shares of Entegris by 235.8% during the 1st quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company's stock valued at $438,642,000 after buying an additional 3,520,997 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Entegris by 21.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 13,555,677 shares of the semiconductor company's stock valued at $1,185,852,000 after buying an additional 2,361,065 shares during the period. TPG GP A LLC purchased a new stake in shares of Entegris during the 4th quarter valued at about $115,639,000. Durable Capital Partners LP raised its holdings in shares of Entegris by 43.3% during the 1st quarter. Durable Capital Partners LP now owns 2,914,417 shares of the semiconductor company's stock valued at $254,953,000 after buying an additional 881,198 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in Entegris by 40.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,759,296 shares of the semiconductor company's stock valued at $241,383,000 after purchasing an additional 794,222 shares in the last quarter.

Entegris Stock Performance

Shares of NASDAQ ENTG traded up $3.72 during mid-day trading on Friday, hitting $87.25. The company had a trading volume of 3,633,810 shares, compared to its average volume of 3,242,438. The stock has a market cap of $13.23 billion, a price-to-earnings ratio of 44.97 and a beta of 1.29. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $117.88. 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's 50 day simple moving average is $83.06 and its two-hundred day simple moving average is $82.15.

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

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were paid 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 payout ratio is presently 20.62%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on ENTG shares. UBS Group lowered their price objective on Entegris from $95.00 to $90.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Oppenheimer started coverage on Entegris in a research note on Thursday, September 4th. They set a "market perform" rating and a $95.00 price objective for the company. Needham & Company LLC restated a "buy" rating and set a $100.00 price objective on shares of Entegris in a research note on Tuesday, May 20th. KeyCorp restated an "overweight" rating and set a $103.00 price objective (down previously from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Finally, Mizuho raised 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. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Entegris currently has a consensus rating of "Moderate Buy" and a consensus price target of $105.30.

Insider Buying and Selling at Entegris

In other Entegris news, SVP Clinton M. Haris sold 3,627 shares of Entegris 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 sale, the senior vice president owned 37,743 shares of the company's stock, valued at $3,396,870. The trade was a 8.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Susan G. Rice sold 8,858 shares of Entegris stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total value of $707,222.72. Following the sale, 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. 0.67% of the stock is owned by insiders.

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).