Corient Private Wealth LP Acquires New Holdings in Entegris, Inc. $ENTG

Corient Private Wealth LP bought a new stake in Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 95,623 shares of the semiconductor company’s stock, valued at approximately $17,199,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Entegris during the 2nd quarter valued at $3,683,556,000. Principal Financial Group Inc. increased its holdings in Entegris by 1.2% in the 1st quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock worth $689,990,000 after purchasing an additional 68,152 shares in the last quarter. State Street Corp increased its holdings in Entegris by 1.2% in the 4th quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock worth $434,071,000 after purchasing an additional 61,549 shares in the last quarter. Durable Capital Partners LP raised its position in Entegris by 23.2% in the third quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock valued at $348,115,000 after purchasing an additional 709,121 shares during the last quarter. Finally, Invesco Ltd. raised its position in Entegris by 13.4% in the fourth quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock valued at $302,682,000 after purchasing an additional 424,812 shares during the last quarter.

Insider Activity

In other news, SVP Joseph Colella sold 3,916 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the sale, the senior vice president directly 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director James P. Lederer sold 3,569 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total transaction of $512,472.71. Following the sale, the director owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. This trade represents a 16.34% 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 90 days. 0.53% of the stock is owned by company insiders.

Entegris Stock Down 7.2%

Shares of ENTG opened at $134.92 on Friday. The stock’s 50-day moving average price is $145.39 and its two-hundred day moving average price is $137.93. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a market capitalization of $20.58 billion, a PE ratio of 67.80, a PEG ratio of 1.34 and a beta of 1.35. 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 issued 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. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. During the same quarter in the prior year, the firm posted $0.66 earnings per share. The business’s quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ENTG. BMO Capital Markets boosted their price target on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Needham & Company LLC raised their price objective on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Mizuho boosted their target price on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Finally, Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $170.89.

Entegris 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.