California State Teachers Retirement System Grows Stake in Entegris, Inc. $ENTG

California State Teachers Retirement System increased its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 17,158.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 40,736,671 shares of the semiconductor company’s stock after purchasing an additional 40,500,626 shares during the period. California State Teachers Retirement System owned about 0.27% of Entegris worth $7,326,898,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of ENTG. Millstone Evans Group LLC increased its position in shares of Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 176 shares during the period. Ancora Advisors LLC purchased a new stake in Entegris in the second quarter valued at $31,000. Transamerica Financial Advisors LLC acquired a new stake in Entegris during the second quarter worth about $32,000. Johnson Financial Group Inc. grew its holdings in Entegris by 147.5% during the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 236 shares during the period. Finally, First Horizon Corp grew its stake in shares of Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 178 shares during the period.

Entegris Price Performance

NASDAQ:ENTG opened at $141.09 on Wednesday. The stock has a 50 day moving average of $140.07 and a two-hundred day moving average of $138.18. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The firm has a market cap of $21.52 billion, a P/E ratio of 70.90, a price-to-earnings-growth ratio of 1.28 and a beta of 1.37. 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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The firm had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. During the same period in the previous year, the company posted $0.66 earnings per share. The business’s 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 expect that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Dividend Announcement

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

Analyst Ratings Changes

ENTG has been the subject of a number of analyst reports. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft upgraded Entegris from a “hold” rating to a “buy” rating and lifted their price target for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Finally, Freedom Capital raised Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $170.89.

Insider Buying and Selling

In related news, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the transaction, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Olivier Blachier sold 2,000 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at $5,622,618.02. This trade 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. Over the last three months, insiders have sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is owned by insiders.

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.