Deutsche Bank AG Acquires Shares of 388,805 Entegris, Inc. $ENTG

Deutsche Bank AG acquired a new position in Entegris, Inc. (NASDAQ:ENTG) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 388,805 shares of the semiconductor company’s stock, valued at approximately $69,930,000.

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

Insiders Place Their Bets

In other Entegris news, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the transaction, the senior vice president directly owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Olivier Blachier sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were 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 in the company, valued at $5,622,618.02. This trade represents a 5.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 18,395 shares of company stock valued at $2,808,134. 0.53% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ENTG shares. UBS Group upped their target price on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Needham & Company LLC lifted 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. Mizuho upped their price target on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Finally, BMO Capital Markets increased their price objective on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $170.89.

Entegris Trading Up 0.2%

NASDAQ ENTG opened at $144.63 on Friday. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83. The stock’s fifty day moving average price is $148.12 and its 200-day moving average price is $137.04. The stock has a market cap of $22.06 billion, a P/E ratio of 72.68, a P/E/G ratio of 1.33 and a beta of 1.35.

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, topping the consensus estimate of $0.82 by $0.11. The firm had revenue of $883.20 million during 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%.Entegris’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities analysts forecast that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were paid a dividend of $0.10 per share. 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 currently 20.10%.

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.