Danske Bank A S Takes Position in Entegris, Inc. $ENTG

Danske Bank A S purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 62,300 shares of the semiconductor company’s stock, valued at approximately $11,205,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Entegris during the 4th quarter valued at approximately $29,000. Millstone Evans Group LLC increased its position in Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after buying an additional 176 shares during the last quarter. Johnson Financial Group Inc. increased its position in Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after buying an additional 236 shares during the last quarter. First Horizon Corp raised its stake in shares of Entegris by 147.1% in the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 178 shares during the period. Finally, Elevated Capital Advisors LLC purchased a new position in shares of Entegris during the 1st quarter valued at $44,000.

Entegris Stock Down 0.7%

Shares of Entegris stock opened at $143.66 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. The stock has a market capitalization of $21.91 billion, a price-to-earnings ratio of 72.19, a P/E/G ratio of 1.33 and a beta of 1.35. The company’s 50 day moving average price is $147.98 and its 200-day moving average price is $137.08.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.11. The business had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Equities research analysts forecast that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is presently 20.10%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ENTG shares. Oppenheimer reiterated an “outperform” rating and issued a $160.00 target price on shares of Entegris in a research note on Friday, May 1st. Citigroup reissued a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Needham & Company LLC lifted their price target on Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Mizuho increased their price objective on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $170.89.

Insider Buying and Selling

In other Entegris news, insider Olivier Blachier sold 2,000 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the sale, the insider owned 34,997 shares in the company, valued at approximately $5,622,618.02. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the sale, the senior vice president owned 50,297 shares in the company, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 18,395 shares of company stock valued at $2,808,134 over the last ninety days. Corporate insiders own 0.53% of the company’s stock.

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.