Sanctuary Advisors LLC Buys New Shares in Entegris, Inc. $ENTG

Sanctuary Advisors LLC bought a new position in Entegris, Inc. (NASDAQ:ENTG) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 11,132 shares of the semiconductor company’s stock, valued at approximately $2,002,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Entegris during the 2nd quarter valued at about $3,683,556,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Entegris in the second quarter worth about $486,101,000. Invesco Ltd. lifted its holdings in shares of Entegris by 183.5% during the third quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock worth $292,900,000 after purchasing an additional 2,050,473 shares during the period. Norges Bank acquired a new stake in shares of Entegris during the fourth quarter worth about $158,669,000. Finally, Duquesne Family Office LLC purchased a new stake in Entegris in the second quarter valued at approximately $132,741,000.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ENTG. Needham & Company LLC increased their price target on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Mizuho upped their price objective on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Citigroup reiterated a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Entegris from a “hold” rating to a “buy” rating and boosted their target price for the company from $152.00 to $200.00 in a research report on Wednesday, August 12th. Two research 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 company’s stock. According to MarketBeat.com, Entegris has an average rating of “Buy” and a consensus price target of $170.89.

Entegris Stock Up 2.6%

Shares of ENTG stock opened at $142.46 on Thursday. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The stock has a market cap of $21.73 billion, a P/E ratio of 71.59, a P/E/G ratio of 1.28 and a beta of 1.35. The stock has a 50 day moving average of $146.94 and a 200 day moving average of $137.79. 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) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.82 by $0.11. The business had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, sell-side analysts expect that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s dividend payout ratio is 20.10%.

Insider Activity

In other Entegris news, SVP Susan G. Rice sold 2,062 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the transaction, the senior vice president owned 66,976 shares in the company, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 directly owned 50,297 shares in the company, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 11,547 shares of company stock worth $1,786,207 in the last ninety days. Corporate insiders own 0.53% of the company’s stock.

About Entegris

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.