Robeco Schweiz AG purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 387,452 shares of the semiconductor company’s stock, valued at approximately $59,691,000.
Several other hedge funds have also bought and sold shares of the business. Man Group plc purchased a new position in shares of Entegris during the second quarter valued at approximately $2,461,000. Deutsche Bank AG bought a new stake in shares of Entegris in the 2nd quarter worth approximately $69,930,000. BlackRock Inc. purchased a new stake in shares of Entegris in the 2nd quarter worth approximately $3,683,556,000. Corient Private Wealth LLC grew its stake in shares of Entegris by 101.9% in the 4th quarter. Corient Private Wealth LLC now owns 9,253 shares of the semiconductor company’s stock worth $783,000 after buying an additional 4,671 shares during the last quarter. Finally, SEB Asset Management AB purchased a new stake in shares of Entegris in the 1st quarter worth approximately $5,423,000.
Entegris Stock Up 4.8%
Shares of Entegris stock opened at $134.52 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The stock has a market capitalization of $20.51 billion, a PE ratio of 67.60, a price-to-earnings-growth ratio of 1.23 and a beta of 1.40. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. The company has a 50-day simple moving average of $145.86 and a two-hundred day simple moving average of $144.36.
Entegris (NASDAQ:ENTG – Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. During the same quarter in the prior year, the firm 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 anticipate that Entegris, Inc. will post 3.93 EPS for the current fiscal year.
Entegris Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 18th. Investors of record on Wednesday, October 28th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, October 28th. Entegris’s payout ratio is presently 20.10%.
Insider Activity at Entegris
In other Entegris news, SVP Susan G. Rice sold 2,062 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the sale, the senior vice president directly owned 66,976 shares in the company, valued at approximately $10,014,251.52. This trade represents a 2.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the sale, the senior vice president directly owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 7,978 shares of company stock valued at $1,273,734. 0.53% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
A number of research firms recently weighed in on ENTG. Stifel Nicolaus initiated coverage on Entegris in a research report on Wednesday, October 7th. They set a “buy” rating and a $200.00 price objective for the company. Truist Financial started coverage on Entegris in a report on Wednesday, October 14th. They issued a “buy” rating and a $190.00 target price on the stock. Barclays assumed coverage on Entegris in a research note on Monday, October 12th. They issued an “overweight” rating and a $212.00 target price on the stock. Freedom Capital upgraded Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Finally, Zacks Research downgraded Entegris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 7th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Entegris has a consensus rating of “Buy” and a consensus price target of $181.67.
Get Our Latest Analysis on Entegris
Entegris Company Profile
Entegris, Inc is a materials science and process technology company that supplies products and solutions used in the manufacture of semiconductors and other advanced technology products. Its offerings help chipmakers manage contamination, handle sensitive materials, and improve process control across the semiconductor production cycle.
The company’s products include specialty chemicals and gases, filtration and purification systems, wafer and substrate handling products, fluid-management components, and advanced materials used in semiconductor fabrication.
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