Korea Investment CORP Makes New Investment in Entegris, Inc. $ENTG

Korea Investment CORP bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG) during the second quarter, HoldingsChannel reports. The institutional investor bought 100,913 shares of the semiconductor company’s stock, valued at approximately $18,150,000.

A number of other institutional investors have also modified their holdings of the stock. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Entegris by 0.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock valued at $2,645,000 after purchasing an additional 100 shares during the period. Parvin Asset Management LLC increased its holdings in Entegris by 19.2% during the 1st quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after purchasing an additional 120 shares during the period. Lido Advisors LLC raised its position in Entegris by 1.5% during the 1st quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock valued at $1,002,000 after purchasing an additional 125 shares in the last quarter. Northwestern Mutual Investment Management Company LLC raised its position in Entegris by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after purchasing an additional 127 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. lifted its holdings in shares of Entegris by 0.3% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock worth $5,199,000 after buying an additional 128 shares during the period.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $143.66 on Monday. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. The stock’s fifty day simple moving average is $147.98 and its two-hundred day simple moving average is $137.21. The stock has a market capitalization of $21.91 billion, a PE ratio of 72.19, a price-to-earnings-growth ratio of 1.32 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 released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 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%.The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, analysts expect that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

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

Insiders Place Their Bets

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 sale, the senior vice president directly owned 66,976 shares in the company, valued at approximately $10,014,251.52. This trade represents a 2.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction that occurred on Thursday, August 13th. The stock was 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 directly owned 50,297 shares in the company, valued at approximately $8,272,850.56. The trade was a 7.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 18,395 shares of company stock valued at $2,808,134 in the last three months. 0.53% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised Entegris from a “hold” rating to a “buy” rating and increased their price target for the stock from $152.00 to $200.00 in a research report on Wednesday, August 12th. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Mizuho increased their target price on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Oppenheimer reissued an “outperform” rating and set a $160.00 target price on shares of Entegris in a research report on Friday, May 1st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Two equities research 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. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $170.89.

About Entegris

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.