Harber Asset Management LLC purchased a new stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,000 shares of the semiconductor company’s stock, valued at approximately $1,799,000.
Several other large investors have also bought and sold shares of ENTG. Norges Bank bought a new position in shares of Entegris during the 4th quarter worth approximately $158,669,000. Legal & General Group Plc grew its holdings in shares of Entegris by 2.6% in the fourth quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock valued at $41,661,000 after acquiring an additional 12,348 shares in the last quarter. Natixis Advisors LLC grew its holdings in shares of Entegris by 15.0% in the fourth quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock valued at $35,449,000 after acquiring an additional 54,973 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Entegris by 122.0% during the fourth quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock valued at $38,408,000 after acquiring an additional 250,574 shares during the last quarter. Finally, Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Entegris during the fourth quarter valued at approximately $2,732,000.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on ENTG shares. UBS Group boosted their price objective on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. BMO Capital Markets boosted their price target on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Needham & Company LLC increased their price target on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Citigroup restated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Entegris currently has a consensus rating of “Buy” and a consensus price target of $170.89.
Insider Activity at Entegris
In related news, SVP Joseph Colella sold 3,916 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $164.48, for a total transaction of $644,103.68. Following the sale, the senior vice president owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James P. Lederer sold 3,569 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, the director directly owned 18,277 shares in the company, valued at $2,624,394.43. This trade represents a 16.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 18,395 shares of company stock worth $2,808,134 in the last 90 days. 0.53% of the stock is owned by company insiders.
Entegris Stock Down 0.7%
ENTG opened at $143.66 on Friday. The company has a 50 day moving average of $147.98 and a 200 day moving average of $137.08. The company has a market cap of $21.91 billion, a PE ratio of 72.19, a price-to-earnings-growth ratio of 1.33 and a beta of 1.35. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83.
Entegris (NASDAQ:ENTG – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The business had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. Entegris’s revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, sell-side analysts expect that Entegris, Inc. will post 3.91 EPS for the current year.
Entegris Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were given a $0.10 dividend. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s payout ratio is 20.10%.
Entegris Company Profile
Entegris, Inc is a leading provider of advanced materials and process control solutions for the semiconductor and other high-technology industries. The company develops and supplies a broad portfolio of products designed to ensure purity and reliability throughout the manufacturing process, helping customers address critical contamination and yield challenges.
Entegris’s product offerings include high-purity chemicals and specialty materials, liquid and gas filtration and purification systems, and sophisticated wafer and chip handling solutions.
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