Ceredex Value Advisors LLC Purchases New Shares in Entegris, Inc. $ENTG

Ceredex Value Advisors LLC purchased a new position in shares of Entegris, Inc. (NASDAQ:ENTG) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 147,150 shares of the semiconductor company’s stock, valued at approximately $26,466,000. Ceredex Value Advisors LLC owned approximately 0.10% of Entegris as of its most recent SEC filing.

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

Insider Activity at Entegris

In other news, Director James P. Lederer sold 3,569 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the completion of the transaction, the director owned 18,277 shares of the company’s stock, valued at $2,624,394.43. The trade was a 16.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Olivier Blachier sold 2,000 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the sale, the insider owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. This represents a 5.41% decrease in their position. 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 quarter, insiders sold 18,395 shares of company stock valued at $2,808,134. 0.53% of the stock is owned by corporate insiders.

Entegris Price Performance

Entegris stock opened at $144.63 on Friday. 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 has a market capitalization of $22.06 billion, a P/E ratio of 72.68, a PEG ratio of 1.33 and a beta of 1.35. The business has a 50-day moving average of $148.12 and a 200-day moving average of $137.04. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The business had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. Entegris’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period last year, the company posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities analysts anticipate that Entegris, Inc. will post 3.91 EPS 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 given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis 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%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ENTG. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. UBS Group raised their target price on shares of Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. Finally, Wall Street Zen downgraded shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. 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.com, Entegris currently has an average rating of “Buy” and a consensus price target of $170.89.

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.