Handelsbanken Fonder AB Has $8.87 Million Position in Entegris, Inc. $ENTG

Handelsbanken Fonder AB lifted its stake in Entegris, Inc. (NASDAQ:ENTG) by 8.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 49,326 shares of the semiconductor company’s stock after buying an additional 3,900 shares during the period. Handelsbanken Fonder AB’s holdings in Entegris were worth $8,872,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ENTG. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Entegris in the 4th quarter valued at approximately $29,000. Millstone Evans Group LLC increased its position in shares of Entegris by 191.3% during the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 176 shares during the period. Johnson Financial Group Inc. lifted its position in Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 236 shares during the period. First Horizon Corp lifted its position in Entegris by 147.1% in the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 178 shares during the period. Finally, Elevated Capital Advisors LLC acquired a new position in shares of Entegris in the 1st quarter valued at $44,000.

Entegris Stock Up 1.7%

Shares of ENTG opened at $163.81 on Friday. The company has a market capitalization of $24.98 billion, a P/E ratio of 82.32, a PEG ratio of 1.49 and a beta of 1.35. 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, Inc. has a one year low of $67.97 and a one year high of $186.94. The business’s 50 day simple moving average is $146.17 and its 200-day simple moving average is $135.86.

Entegris (NASDAQ:ENTG) last released 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. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The firm had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. During the same period last year, the firm posted $0.66 EPS. 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. As a group, sell-side analysts predict that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. Entegris’s dividend payout ratio (DPR) is 20.10%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ENTG shares. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Mizuho increased their price objective on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. UBS Group lifted their price objective on Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $170.89.

Insider Activity at Entegris

In related news, SVP Susan G. Rice sold 2,062 shares of Entegris stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James P. Lederer sold 3,569 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total transaction of $512,472.71. Following the transaction, the director owned 18,277 shares in the company, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,479 shares of company stock valued at $1,842,710 over the last ninety days. 0.53% of the stock is owned by insiders.

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.