OMERS ADMINISTRATION Corp Acquires New Stake in Entegris, Inc. $ENTG

OMERS ADMINISTRATION Corp acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 7,972 shares of the semiconductor company’s stock, valued at approximately $1,434,000.

Several other hedge funds have also added to or reduced their stakes in ENTG. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake 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 worth $2,645,000 after acquiring an additional 100 shares during the last quarter. Parvin Asset Management LLC increased its holdings in shares of Entegris by 19.2% during the first quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock valued at $87,000 after acquiring an additional 120 shares in the last quarter. Lido Advisors LLC raised its position in shares of Entegris by 1.5% in the 1st quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock worth $1,002,000 after purchasing an additional 125 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its position in shares of Entegris by 0.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock worth $2,858,000 after purchasing an additional 127 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. boosted its stake in 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 purchasing an additional 128 shares in the last quarter.

Insider Buying and Selling at Entegris

In other news, insider Olivier Blachier sold 2,000 shares of the 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 transaction, the insider owned 34,997 shares in the company, valued at $5,622,618.02. This represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total transaction of $512,472.71. Following the completion of the transaction, the director directly owned 18,277 shares in the company, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 11,547 shares of company stock worth $1,786,207 over the last 90 days. 0.53% of the stock is owned by company insiders.

Entegris Stock Performance

ENTG stock opened at $142.46 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The company has a market cap of $21.73 billion, a P/E ratio of 71.59, a price-to-earnings-growth ratio of 1.28 and a beta of 1.35. The stock’s fifty day moving average price is $146.94 and its 200-day moving average price is $137.79.

Entegris (NASDAQ:ENTG) last posted 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. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The company had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. During the same quarter in the prior year, the business earned $0.66 earnings per share. Entegris’s revenue for the quarter was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities analysts forecast that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Dividend Announcement

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

Analyst Ratings Changes

Several analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and increased their price objective for the company from $152.00 to $200.00 in a research report on Wednesday, August 12th. BMO Capital Markets upped their target price on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. UBS Group increased their price target on shares of Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. The Goldman Sachs Group raised shares of Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. Finally, Oppenheimer restated an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a report on Friday, May 1st. 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’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target 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.