Legacy Wealth Asset Management LLC Invests $766,000 in Entegris, Inc. $ENTG

Legacy Wealth Asset Management LLC bought a new stake in Entegris, Inc. (NASDAQ:ENTG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,260 shares of the semiconductor company’s stock, valued at approximately $766,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Entegris in the 4th quarter valued at $158,669,000. Legal & General Group Plc raised its stake in 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 acquiring an additional 12,348 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Entegris by 20.9% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,196 shares of the semiconductor company’s stock valued at $17,035,000 after acquiring an additional 34,894 shares during the last quarter. Natixis Advisors LLC lifted its position in Entegris by 15.0% in the fourth quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock valued at $35,449,000 after acquiring an additional 54,973 shares during the last quarter. Finally, Wilson Asset Management International PTY Ltd. acquired a new position in Entegris in the fourth quarter valued at $2,732,000.

Entegris Stock Performance

NASDAQ ENTG opened at $144.21 on Tuesday. The firm has a market cap of $21.99 billion, a P/E ratio of 72.47, a P/E/G ratio of 1.41 and a beta of 1.35. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94. The business’s 50-day moving average price is $145.13 and its 200 day moving average price is $135.00. The company has a quick ratio of 1.85, a current ratio of 3.05 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 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $835.79 million. During the same period in the prior year, the business earned $0.66 EPS. The firm’s revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities research analysts expect that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, July 29th. Entegris’s dividend payout ratio is 20.10%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ENTG. Freedom Capital raised Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Mizuho boosted their target price on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Citigroup reissued a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $152.00 price target on Entegris in a research note on Wednesday, August 5th. Finally, Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $165.56.

Insider Activity

In other Entegris news, SVP Clinton M. Haris sold 6,848 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total transaction of $1,021,927.04. Following the completion of the transaction, the senior vice president owned 54,961 shares in the company, valued at approximately $8,201,830.03. This represents a 11.08% decrease in their position. The sale was disclosed in a 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, SVP Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.04, for a total transaction of $280,080.00. Following the completion of the sale, the senior vice president owned 34,897 shares of the company’s stock, valued at $4,886,975.88. This trade represents a 5.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 44,466 shares of company stock valued at $6,186,624. 0.53% of the stock is currently owned by company insiders.

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.