Perpetual Ltd Acquires 145,806 Shares of Entegris, Inc. $ENTG

Perpetual Ltd increased its holdings in Entegris, Inc. (NASDAQ:ENTG) by 55.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 409,637 shares of the semiconductor company’s stock after buying an additional 145,806 shares during the period. Perpetual Ltd’s holdings in Entegris were worth $33,037,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. IFM Investors Pty Ltd boosted its stake in Entegris by 5.5% during the second quarter. IFM Investors Pty Ltd now owns 28,960 shares of the semiconductor company’s stock worth $2,336,000 after buying an additional 1,510 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Entegris by 16.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,234 shares of the semiconductor company’s stock worth $627,000 after buying an additional 1,046 shares during the period. Gateway Investment Advisers LLC boosted its stake in Entegris by 7.4% during the second quarter. Gateway Investment Advisers LLC now owns 18,883 shares of the semiconductor company’s stock worth $1,523,000 after buying an additional 1,308 shares during the period. Swedbank AB boosted its stake in Entegris by 2.1% during the first quarter. Swedbank AB now owns 1,583,657 shares of the semiconductor company’s stock worth $138,538,000 after buying an additional 32,715 shares during the period. Finally, First Hawaiian Bank boosted its stake in Entegris by 0.9% during the first quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company’s stock worth $1,381,000 after buying an additional 143 shares during the period.

Analysts Set New Price Targets

Several research analysts have commented on ENTG shares. The Goldman Sachs Group started coverage on shares of Entegris in a research note on Thursday, July 10th. They set a “neutral” rating and a $85.00 price objective for the company. UBS Group dropped their price objective on shares of Entegris from $95.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, July 31st. KeyCorp reaffirmed an “overweight” rating and set a $103.00 price objective (down from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Oppenheimer assumed coverage on shares of Entegris in a research note on Thursday, September 4th. They set a “market perform” rating and a $95.00 target price for the company. Finally, Wall Street Zen lowered shares of Entegris from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.30.

Entegris Stock Performance

ENTG stock opened at $93.32 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.30 and a quick ratio of 1.95. The business has a 50-day moving average price of $83.70 and a 200 day moving average price of $81.82. The company has a market capitalization of $14.15 billion, a P/E ratio of 48.10 and a beta of 1.29. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $117.88.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.01. The firm had revenue of $792.40 million during the quarter, compared to the consensus estimate of $753.85 million. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The firm’s quarterly revenue was down 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.71 earnings per share. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. As a group, equities research analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were issued a $0.10 dividend. The ex-dividend date was Wednesday, July 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. Entegris’s payout ratio is currently 20.62%.

Insider Transactions at Entegris

In other Entegris news, SVP Clinton M. Haris sold 3,627 shares of the business’s stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $90.00, for a total value of $326,430.00. Following the completion of the transaction, the senior vice president directly owned 37,743 shares in the company, valued at approximately $3,396,870. The trade was a 8.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Susan G. Rice sold 8,858 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total transaction of $707,222.72. Following the completion of the transaction, the senior vice president owned 56,912 shares of the company’s stock, valued at $4,543,854.08. This represents a 13.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Entegris Company Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).