Findlay Park Partners LLP Takes Position in Entegris, Inc. $ENTG

Findlay Park Partners LLP bought a new stake in Entegris, Inc. (NASDAQ:ENTG) in the 2nd quarter, Holdings Channel.com reports. The firm bought 969,700 shares of the semiconductor company’s stock, valued at approximately $174,410,000. Entegris accounts for about 2.4% of Findlay Park Partners LLP’s portfolio, making the stock its 18th largest position.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in Entegris during the second quarter worth about $3,683,556,000. Principal Financial Group Inc. raised its stake in Entegris by 1.2% in the first quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock valued at $689,990,000 after buying an additional 68,152 shares during the period. State Street Corp lifted its position in shares of Entegris by 1.2% in the fourth quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock valued at $434,071,000 after buying an additional 61,549 shares during the last quarter. Durable Capital Partners LP lifted its position in shares of Entegris by 23.2% in the third quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock valued at $348,115,000 after buying an additional 709,121 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Entegris by 13.4% during the 4th quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock worth $302,682,000 after acquiring an additional 424,812 shares during the period.

Insider Buying and Selling

In other Entegris news, insider Olivier Blachier sold 2,000 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the sale, the insider directly owned 34,997 shares in the company, valued at $5,622,618.02. This represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $308,310.24. Following the completion of the transaction, the senior vice president directly owned 66,976 shares in the company, valued at approximately $10,014,251.52. This represents a 2.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 18,395 shares of company stock valued at $2,808,134 in the last ninety days. Insiders own 0.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. BMO Capital Markets raised their price objective on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Mizuho lifted their price target on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Freedom Capital upgraded Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. 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 report on Wednesday, August 5th. Two research 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 MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $170.89.

Entegris Stock Performance

Shares of NASDAQ:ENTG opened at $143.66 on Friday. The company’s 50 day moving average price is $147.98 and its two-hundred day moving average price is $137.08. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. The firm has a market cap of $21.91 billion, a PE ratio of 72.19, a PEG ratio of 1.32 and a beta of 1.35. 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 issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business had revenue of $883.20 million for the quarter, compared to the consensus estimate of $835.79 million. During the same quarter in the prior year, the business posted $0.66 earnings per share. The firm’s quarterly 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. Equities research analysts predict that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were issued 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 of this dividend was Wednesday, July 29th. Entegris’s dividend payout ratio is 20.10%.

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.