Vise Technologies Inc. acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,171 shares of the semiconductor company’s stock, valued at approximately $1,110,000.
Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in shares of Entegris in the 4th quarter worth approximately $158,669,000. Legal & General Group Plc lifted its position in shares of Entegris by 2.6% during the 4th quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock worth $41,661,000 after buying an additional 12,348 shares during the period. Natixis Advisors LLC boosted its stake in Entegris by 15.0% in the 4th quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock valued at $35,449,000 after buying an additional 54,973 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Entegris by 122.0% in the 4th quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock valued at $38,408,000 after buying an additional 250,574 shares in the last quarter. Finally, Wilson Asset Management International PTY Ltd. bought a new stake in Entegris in the fourth quarter valued at $2,732,000.
Analysts Set New Price Targets
ENTG has been the subject of several analyst reports. Citigroup reissued a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Oppenheimer reaffirmed an “outperform” rating and set a $160.00 price objective on shares of Entegris in a report on Friday, May 1st. BMO Capital Markets lifted their target price on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Needham & Company LLC boosted their target price on Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a research 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 assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $170.89.
Entegris Price Performance
Entegris stock opened at $143.66 on Friday. The firm has a market capitalization of $21.91 billion, a P/E ratio of 72.19, a PEG ratio of 1.32 and a beta of 1.35. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The business has a 50-day moving average of $147.98 and a 200-day moving average of $137.08. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83.
Entegris (NASDAQ:ENTG – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating 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 company had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same quarter in the previous year, the business earned $0.66 EPS. The firm’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, equities analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current year.
Entegris Dividend Announcement
The business also recently disclosed 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. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio is currently 20.10%.
Insider Buying and Selling at Entegris
In related news, insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the sale, the insider owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 3,569 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the transaction, the director directly owned 18,277 shares in the company, valued at $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 a total of 18,395 shares of company stock valued at $2,808,134 over the last quarter. 0.53% of the stock is currently owned by corporate 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.
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