Saudi Central Bank Buys 5,061 Shares of Entegris, Inc. $ENTG

Saudi Central Bank boosted its stake in Entegris, Inc. (NASDAQ:ENTG) by 90.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,657 shares of the semiconductor company’s stock after acquiring an additional 5,061 shares during the period. Saudi Central Bank’s holdings in Entegris were worth $1,917,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ancora Advisors LLC bought a new stake in shares of Entegris in the 2nd quarter valued at $31,000. Transamerica Financial Advisors LLC bought a new position in Entegris during the second quarter worth $32,000. Millstone Evans Group LLC lifted its holdings in Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 176 shares during the period. First Horizon Corp boosted its position in Entegris by 147.1% during the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 178 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in Entegris during the first quarter valued at $44,000.

Analyst Ratings Changes

Several brokerages recently commented on ENTG. BMO Capital Markets upped their target price on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. The Goldman Sachs Group raised Entegris from a “sell” rating to a “buy” rating in a research note on Wednesday, August 12th. UBS Group increased their price target on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Finally, Needham & Company LLC boosted their target price on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Entegris has an average rating of “Buy” and a consensus target price of $170.89.

Entegris Stock Performance

Shares of ENTG opened at $138.74 on Tuesday. The firm has a market capitalization of $21.16 billion, a P/E ratio of 69.72, a P/E/G ratio of 1.28 and a beta of 1.37. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94. The stock has a 50 day moving average price of $140.85 and a two-hundred day moving average price of $138.11. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05.

Entegris (NASDAQ:ENTG) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (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 company had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. During the same quarter in the previous year, the firm earned $0.66 earnings per share. Entegris’s quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Equities analysts forecast that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Announces Dividend

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

Insiders Place Their Bets

In other news, 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 transaction, the senior vice president owned 50,297 shares in the company, valued at $8,272,850.56. The trade was a 7.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 of the company’s stock, valued at approximately $5,622,618.02. This represents a 5.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 7,978 shares of company stock valued at $1,273,734. Corporate insiders own 0.53% of the company’s stock.

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.