UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 38,873 Shares of Entegris, Inc. $ENTG

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Entegris, Inc. (NASDAQ:ENTG) by 5.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 716,170 shares of the semiconductor company’s stock after acquiring an additional 38,873 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Entegris were worth $128,810,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ENTG. Legal & General Group Plc raised its position in Entegris by 2.6% in the 4th quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock valued at $41,661,000 after buying an additional 12,348 shares during the last quarter. Norges Bank purchased a new position in Entegris during the 4th quarter worth $158,669,000. Natixis Advisors LLC grew its stake in shares of Entegris by 15.0% in the 4th quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock worth $35,449,000 after acquiring an additional 54,973 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Entegris by 122.0% in the 4th quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock worth $38,408,000 after acquiring an additional 250,574 shares in the last quarter. Finally, Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Entegris in the fourth quarter valued at about $2,732,000.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ENTG. UBS Group boosted their price target on shares of Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. BMO Capital Markets upped their target price on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Freedom Capital raised Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft raised Entegris from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $152.00 to $200.00 in a research report on Wednesday, August 12th. Finally, Mizuho upped their price objective on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $170.89.

Insider Buying and Selling

In related news, SVP Susan G. Rice sold 2,062 shares of Entegris stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the sale, the senior vice president owned 66,976 shares of the company’s stock, valued at approximately $10,014,251.52. This trade represents a 2.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were 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 $5,622,618.02. This represents a 5.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 7,978 shares of company stock valued at $1,273,734. 0.53% of the stock is owned by insiders.

Entegris Trading Down 4.3%

NASDAQ:ENTG opened at $129.51 on Wednesday. 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. The firm’s 50 day moving average is $143.64 and its 200 day moving average is $138.00. The stock has a market capitalization of $19.75 billion, a PE ratio of 65.08, a price-to-earnings-growth ratio of 1.25 and a beta of 1.36.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data 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 business had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same period in the prior year, the company earned $0.66 earnings per share. Entegris’s revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Sell-side analysts expect that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Announces Dividend

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

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.