Generate Investment Management Ltd purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 61,309 shares of the semiconductor company’s stock, valued at approximately $4,945,000.
A number of other institutional investors have also modified their holdings of ENTG. Rise Advisors LLC bought a new stake in shares of Entegris in the 1st quarter worth approximately $26,000. Costello Asset Management INC bought a new stake in Entegris in the first quarter valued at $26,000. Central Pacific Bank Trust Division boosted its holdings in shares of 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. Summit Securities Group LLC bought a new position in shares of Entegris during the first quarter worth about $36,000. Finally, Curat Global LLC bought a new position in shares of Entegris during the first quarter worth about $39,000.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. Mizuho upped their target price on shares of Entegris from $90.00 to $98.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Oppenheimer started coverage on Entegris in a research report on Thursday, September 4th. They set a “market perform” rating and a $95.00 price objective for the company. UBS Group lowered their target price on Entegris from $95.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. KeyCorp reaffirmed an “overweight” rating and set a $103.00 target price (down previously from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Finally, The Goldman Sachs Group started coverage on Entegris in a research note on Thursday, July 10th. They issued a “neutral” rating and a $85.00 price target for the company. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $105.30.
Insider Activity at Entegris
In related news, SVP Clinton M. Haris sold 3,627 shares of the company’s stock in a transaction that occurred on 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 owned 37,743 shares in the company, valued at approximately $3,396,870. This represents a 8.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Susan G. Rice sold 8,858 shares of Entegris stock in a transaction that occurred on 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 owned 56,912 shares in the company, valued at approximately $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. 0.61% of the stock is currently owned by corporate insiders.
Entegris Stock Up 1.3%
ENTG stock opened at $93.09 on Monday. The firm has a market cap of $14.11 billion, a PE ratio of 47.98 and a beta of 1.29. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $117.44. 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 has a 50 day simple moving average of $84.26 and a 200 day simple moving average of $81.45.
Entegris (NASDAQ:ENTG – Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.01. The business had revenue of $792.40 million during 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%.The company’s revenue was down 2.5% compared to the same quarter last year. During the same period last year, the company posted $0.71 EPS. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. Equities research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.
Entegris Dividend Announcement
The business 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. This represents a $0.40 annualized dividend and a yield of 0.4%. The ex-dividend date was Wednesday, July 30th. Entegris’s 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).
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