Durable Capital Partners LP Raises Stock Holdings in Entegris, Inc. $ENTG

Durable Capital Partners LP increased its position in Entegris, Inc. (NASDAQ:ENTG) by 43.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,914,417 shares of the semiconductor company’s stock after acquiring an additional 881,198 shares during the period. Entegris makes up about 2.3% of Durable Capital Partners LP’s portfolio, making the stock its 20th biggest holding. Durable Capital Partners LP’s holdings in Entegris were worth $254,953,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ENTG. Costello Asset Management INC purchased a new position in Entegris in the 1st quarter worth $26,000. Central Pacific Bank Trust Division raised 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 acquiring an additional 171 shares during the last quarter. Quarry LP purchased a new position in Entegris in the 4th quarter worth $28,000. Neo Ivy Capital Management purchased a new position in Entegris in the 4th quarter worth $34,000. Finally, Summit Securities Group LLC purchased a new position in Entegris in the 1st quarter worth $36,000.

Entegris Price Performance

NASDAQ:ENTG opened at $83.74 on Monday. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $117.88. 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 market capitalization of $12.69 billion, a PE ratio of 43.16 and a beta of 1.29. The stock’s 50-day moving average price is $83.23 and its 200-day moving average price is $83.37.

Entegris (NASDAQ:ENTG) last posted 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 return on equity of 12.05% and a net margin of 9.17%.The firm had revenue of $792.40 million for the quarter, compared to analysts’ expectations of $753.85 million. During the same period last year, the firm earned $0.71 EPS. The company’s quarterly revenue was down 2.5% on a year-over-year basis. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. As a group, equities analysts expect 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 given a dividend of $0.10 per share. The ex-dividend date was Wednesday, July 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. Entegris’s dividend payout ratio (DPR) is 20.62%.

Insider Transactions at Entegris

In other news, SVP Clinton M. Haris sold 3,627 shares of the firm’s stock in a transaction dated 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 directly owned 37,743 shares in the company, valued at $3,396,870. This trade represents a 8.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Susan G. Rice sold 8,858 shares of the firm’s stock in a transaction dated 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 owned 56,912 shares in the company, valued at $4,543,854.08. This trade represents a 13.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ENTG. Wall Street Zen lowered Entegris from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. 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 target price for the company. Citigroup reduced their price objective on Entegris from $125.00 to $102.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. Mizuho lifted 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. Finally, UBS Group reduced 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. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.44.

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).