Northwestern Mutual Wealth Management Co. Acquires Shares of 5,374 Entegris, Inc. $ENTG

Northwestern Mutual Wealth Management Co. acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,374 shares of the semiconductor company’s stock, valued at approximately $967,000.

Other institutional investors have also recently made changes to their positions in the company. Millstone Evans Group LLC lifted 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 in the last quarter. Johnson Financial Group Inc. grew its position in Entegris by 147.5% in the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 236 shares in the last quarter. First Horizon Corp increased its stake in Entegris by 147.1% in the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 178 shares during the last quarter. Elevated Capital Advisors LLC purchased a new stake in Entegris in the 1st quarter valued at about $44,000. Finally, Los Angeles Capital Management LLC bought a new position in shares of Entegris during the 4th quarter worth approximately $59,000.

Entegris Stock Up 0.4%

Shares of NASDAQ ENTG opened at $138.87 on Wednesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. The stock has a market capitalization of $21.18 billion, a PE ratio of 69.78, a P/E/G ratio of 1.27 and a beta of 1.35. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94. The business’s fifty day moving average price is $147.24 and its 200-day moving average price is $137.57.

Entegris (NASDAQ:ENTG) last posted 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. The company had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.66 earnings per share. 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 announced a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s payout ratio is presently 20.10%.

Wall Street Analysts Forecast Growth

ENTG has been the topic of a number of research analyst reports. UBS Group boosted their target price on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Freedom Capital raised Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. BMO Capital Markets lifted their price target on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Needham & Company LLC upped their price objective on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Two equities research 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 stock. According to data from MarketBeat.com, Entegris presently has an average rating of “Buy” and a consensus target price of $170.89.

Insider Buying and Selling

In other news, SVP Susan G. Rice sold 2,062 shares of the firm’s stock in a transaction on 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. This trade represents a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the transaction, the insider directly owned 34,997 shares of the company’s stock, valued at $5,622,618.02. The trade was a 5.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 11,547 shares of company stock worth $1,786,207. Insiders own 0.53% of the company’s stock.

Entegris 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.