53,387 Shares in Entegris, Inc. $ENTG Purchased by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. bought a new position in Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 53,387 shares of the semiconductor company’s stock, valued at approximately $9,602,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Entegris during the second quarter valued at approximately $3,683,556,000. Principal Financial Group Inc. raised its position in shares of Entegris by 1.2% during the 1st quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock worth $689,990,000 after purchasing an additional 68,152 shares during the period. State Street Corp lifted its holdings 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 worth $434,071,000 after purchasing an additional 61,549 shares during the last quarter. Durable Capital Partners LP lifted its holdings in shares of Entegris by 23.2% in the 3rd quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock worth $348,115,000 after purchasing an additional 709,121 shares during the last quarter. Finally, Invesco Ltd. boosted its position in Entegris by 13.4% during the 4th quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock valued at $302,682,000 after purchasing an additional 424,812 shares during the period.

Entegris Stock Performance

Shares of ENTG stock opened at $142.46 on Thursday. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. The firm has a market capitalization of $21.73 billion, a price-to-earnings ratio of 71.59, a price-to-earnings-growth ratio of 1.28 and a beta of 1.35. The business has a 50 day simple moving average of $146.94 and a 200 day simple moving average of $137.79. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85.

Entegris (NASDAQ:ENTG) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.82 by $0.11. The firm had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The firm’s revenue was up 11.5% compared to the same quarter last year. During the same period last year, the firm earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities research analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current 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 issued 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 20.10%.

Analysts Set New Price Targets

ENTG has been the subject of a number of recent research reports. Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. UBS Group raised their target price on Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Weiss Ratings reissued 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. Finally, Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Entegris has a consensus rating of “Buy” and an average target price of $170.89.

Insider Activity at Entegris

In related news, insider Olivier Blachier sold 2,000 shares of the company’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 of the company’s stock, valued at $5,622,618.02. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 2,062 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the sale, the senior vice president directly owned 66,976 shares of the company’s stock, valued at $10,014,251.52. The trade was a 2.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,547 shares of company stock valued at $1,786,207 in the last ninety days. Company insiders own 0.53% of the company’s stock.

Entegris Company Profile

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.