Madison Asset Management LLC Makes New Investment in Entegris, Inc. $ENTG

Madison Asset Management LLC purchased a new position in Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 21,906 shares of the semiconductor company’s stock, valued at approximately $3,940,000.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in Entegris during the second quarter worth $3,683,556,000. Invesco Ltd. lifted its holdings in Entegris by 183.5% in the third quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock valued at $292,900,000 after buying an additional 2,050,473 shares during the period. Norges Bank acquired a new stake in Entegris during the 4th quarter worth about $158,669,000. Duquesne Family Office LLC acquired a new stake in Entegris during the 2nd quarter worth about $132,741,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Entegris in the 2nd quarter worth about $248,869,000.

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, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the transaction, the director owned 18,277 shares of the company’s stock, valued at $2,624,394.43. This trade represents a 16.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 18,395 shares of company stock valued at $2,808,134. 0.53% of the stock is currently owned by insiders.

Entegris Stock Up 0.2%

Shares of NASDAQ:ENTG opened at $144.63 on Friday. The business’s 50 day simple moving average is $148.12 and its two-hundred day simple moving average is $137.04. The firm has a market cap of $22.06 billion, a P/E ratio of 72.68, a PEG ratio of 1.33 and a beta of 1.35. 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, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.11. The firm had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, research analysts forecast that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is currently 20.10%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ENTG shares. Deutsche Bank Aktiengesellschaft raised Entegris from a “hold” rating to a “buy” rating and boosted their price objective for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. Freedom Capital upgraded Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Oppenheimer reaffirmed an “outperform” rating and set a $160.00 price objective on shares of Entegris in a research report on Friday, May 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Finally, Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Entegris presently has an average rating of “Buy” and an average target price of $170.89.

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.