OneDigital Investment Advisors LLC purchased a new stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,060 shares of the semiconductor company’s stock, valued at approximately $1,270,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Trivium Point Advisory LLC bought a new stake in Entegris during the 2nd quarter worth $6,323,000. Global Retirement Partners LLC bought a new position in Entegris in the 2nd quarter valued at approximately $620,000. Bank of New York Mellon Corp acquired a new position in Entegris in the 2nd quarter valued at approximately $248,869,000. State of Wyoming bought a new position in shares of Entegris during the second quarter valued at $653,000. Finally, Maridea Wealth Management LLC bought a new stake in shares of Entegris in the second quarter worth $2,069,000.
Wall Street Analyst Weigh In
A number of research firms have commented on ENTG. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. Zacks Research raised Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Needham & Company LLC upped their target price on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Mizuho increased their target price on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Finally, BMO Capital Markets raised their price target on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $170.89.
Entegris Stock Performance
Shares of ENTG opened at $163.09 on Tuesday. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94. The company has a market cap of $24.87 billion, a PE ratio of 81.95, a P/E/G ratio of 1.49 and a beta of 1.35. The stock has a 50-day moving average of $147.50 and a 200-day moving average of $136.49. 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 (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, topping the consensus estimate of $0.82 by $0.11. The business had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities research analysts predict that Entegris, Inc. will post 3.91 EPS for the current fiscal year.
Entegris Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, July 29th. Entegris’s payout ratio is 20.10%.
Insider Activity
In related 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value of $644,103.68. Following the sale, the senior vice president directly owned 50,297 shares of the company’s stock, 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. In the last 90 days, insiders have sold 18,395 shares of company stock valued at $2,808,134. 0.53% of the stock is currently owned by 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.
See Also
- Five stocks we like better than Entegris
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. (NASDAQ:ENTG – Free Report).
Receive News & Ratings for Entegris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegris and related companies with MarketBeat.com's FREE daily email newsletter.
