Maverick Capital Ltd. Makes New $1.51 Million Investment in Entegris, Inc. $ENTG

Maverick Capital Ltd. purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,859 shares of the semiconductor company’s stock, valued at approximately $1,508,000.

A number of other large investors have also made changes to their positions in ENTG. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Entegris by 0.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock valued at $2,645,000 after purchasing an additional 100 shares during the period. Lido Advisors LLC boosted its holdings in Entegris by 1.5% during the first quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock worth $1,002,000 after buying an additional 125 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its position in Entegris by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock worth $2,858,000 after buying an additional 127 shares during the period. Resona Asset Management Co. Ltd. grew its position in Entegris by 0.3% during the first quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock worth $5,199,000 after buying an additional 128 shares during the period. Finally, TD Private Client Wealth LLC increased its holdings in Entegris by 13.3% in the fourth quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock valued at $97,000 after buying an additional 135 shares in the last quarter.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Oppenheimer reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 price objective on shares of Entegris in a report on Friday, May 1st. Needham & Company LLC boosted their target price on Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Citigroup reissued a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Entegris currently has a consensus rating of “Moderate Buy” and a consensus target price of $164.22.

Insider Activity

In other Entegris news, SVP Susan G. Rice sold 19,893 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $132.84, for a total transaction of $2,642,586.12. Following the sale, the senior vice president owned 69,038 shares in the company, valued at approximately $9,171,007.92. This represents a 22.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.17, for a total value of $886,715.42. Following the transaction, the senior vice president directly owned 50,121 shares of the company’s stock, valued at $7,025,460.57. The trade was a 11.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 44,466 shares of company stock worth $6,186,624 in the last quarter. 0.53% of the stock is currently owned by corporate insiders.

Entegris Stock Performance

Shares of ENTG opened at $126.37 on Tuesday. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. The stock has a market cap of $19.27 billion, a P/E ratio of 73.05, a PEG ratio of 1.50 and a beta of 1.31. The company has a 50-day moving average of $145.79 and a two-hundred day moving average of $133.29. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94.

Entegris (NASDAQ:ENTG) last released its quarterly earnings results on Thursday, April 30th. The semiconductor company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.75 by $0.11. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The business had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. During the same period in the prior year, the business earned $0.67 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. As a group, research analysts predict that Entegris, Inc. will post 3.65 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be paid a $0.10 dividend. The ex-dividend date of this dividend is 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 presently 23.12%.

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.