Van ECK Associates Corp Trims Stock Holdings in Entegris, Inc. $ENTG

Van ECK Associates Corp lowered its holdings in Entegris, Inc. (NASDAQ:ENTG) by 13.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,357,023 shares of the semiconductor company’s stock after selling 217,884 shares during the period. Van ECK Associates Corp’s holdings in Entegris were worth $244,074,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Entegris during the second quarter worth $3,683,556,000. Principal Financial Group Inc. grew its position in shares of 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 purchasing an additional 68,152 shares in the last quarter. State Street Corp raised its stake in shares of Entegris by 1.2% during the 4th quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock valued at $434,071,000 after purchasing an additional 61,549 shares during the period. Durable Capital Partners LP raised its stake in shares of Entegris by 23.2% during the 3rd quarter. Durable Capital Partners LP now owns 3,765,035 shares of the semiconductor company’s stock valued at $348,115,000 after purchasing an additional 709,121 shares during the period. Finally, Invesco Ltd. lifted its holdings in 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 purchasing an additional 424,812 shares in the last quarter.

Insider Transactions at Entegris

In other news, SVP Joseph Colella sold 3,916 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $164.48, for a total value 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. This represents a 7.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James P. Lederer sold 3,569 shares of the 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 in the company, valued at $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 11,547 shares of company stock worth $1,786,207 in the last three months. Insiders own 0.53% of the company’s stock.

Entegris Price Performance

Entegris stock opened at $134.92 on Friday. The business has a 50-day simple moving average of $145.39 and a 200 day simple moving average of $137.93. Entegris, Inc. has a 52 week low of $67.97 and a 52 week high of $186.94. The stock has a market cap of $20.58 billion, a price-to-earnings ratio of 67.80, a PEG ratio of 1.34 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, 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 firm had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. During the same quarter last year, the company posted $0.66 EPS. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, research analysts forecast that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ENTG shares. Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Deutsche Bank Aktiengesellschaft raised shares of 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 report on Wednesday, August 12th. Oppenheimer restated an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a research report on Friday, May 1st. Mizuho boosted their price objective on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Finally, The Goldman Sachs Group raised shares of Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Two 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 company 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.