3,125,433 Shares in Entegris, Inc. $ENTG Bought by Primecap Management Co. CA

Primecap Management Co. CA bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,125,433 shares of the semiconductor company’s stock, valued at approximately $562,141,000. Primecap Management Co. CA owned about 2.05% of Entegris at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. California Public Employees Retirement System increased its position in Entegris by 7.5% in the 2nd quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock worth $15,573,000 after buying an additional 13,544 shares during the period. Squarepoint Ops LLC increased its position in Entegris by 66.3% during the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock worth $3,680,000 after acquiring an additional 18,195 shares during the period. Treasurer of the State of North Carolina boosted its holdings in Entegris by 1.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock valued at $5,647,000 after purchasing an additional 1,114 shares during the period. Alliancebernstein L.P. raised its position in shares of Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock valued at $16,196,000 after buying an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of Entegris in the second quarter valued at about $241,000.

Insider Transactions at Entegris

In other news, SVP Susan G. Rice sold 2,062 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total value of $308,310.24. Following the transaction, the senior vice president owned 66,976 shares of the company’s stock, 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 Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Joseph Colella sold 3,916 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the completion of the transaction, the senior vice president owned 50,297 shares in the company, valued at $8,272,850.56. This represents a 7.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 11,547 shares of company stock valued at $1,786,207 in the last three months. Company insiders own 0.53% of the company’s stock.

Entegris Trading Up 0.4%

Shares of NASDAQ ENTG opened at $138.87 on Wednesday. Entegris, Inc. has a 1-year low of $67.97 and a 1-year high of $186.94. The company has a 50-day moving average of $147.24 and a two-hundred day moving average of $137.57. The company has a market cap of $21.18 billion, a PE ratio of 69.78, a P/E/G ratio of 1.27 and a beta of 1.35. 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) last posted its quarterly earnings data 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. The firm had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities analysts expect that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is presently 20.10%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded Entegris from a “hold” rating to a “buy” rating and upped their target price for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. Mizuho upped their price objective on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Needham & Company LLC upped their price target on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Citigroup reissued a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Finally, Oppenheimer reiterated an “outperform” rating and set a $160.00 target price on shares of Entegris in a research report on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Entegris currently has an average rating of “Buy” and an average target price of $170.89.

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.