Nykredit A S Acquires New Position in Entegris, Inc. $ENTG

Nykredit A S bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 47,897 shares of the semiconductor company’s stock, valued at approximately $8,615,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ENTG. BlackRock Inc. purchased a new position in Entegris in the second quarter valued at $3,683,556,000. Principal Financial Group Inc. increased its holdings in Entegris by 1.2% during the 1st quarter. Principal Financial Group Inc. now owns 5,885,239 shares of the semiconductor company’s stock worth $689,990,000 after purchasing an additional 68,152 shares during the period. State Street Corp increased its holdings in Entegris by 1.2% during the 4th quarter. State Street Corp now owns 5,152,176 shares of the semiconductor company’s stock worth $434,071,000 after purchasing an additional 61,549 shares during the period. Durable Capital Partners LP raised its position in Entegris by 23.2% in 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 in the last quarter. Finally, Invesco Ltd. raised its position in Entegris by 13.4% in the 4th quarter. Invesco Ltd. now owns 3,592,669 shares of the semiconductor company’s stock valued at $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 on Thursday, August 13th. The shares were 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 owned 50,297 shares in the company, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Olivier Blachier sold 2,000 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $160.66, for a total transaction of $321,320.00. Following the completion of the transaction, the insider directly owned 34,997 shares in the company, valued at $5,622,618.02. This trade represents a 5.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is currently owned by insiders.

Entegris Trading Up 6.2%

ENTG opened at $138.74 on Friday. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94. The company has a market cap of $21.16 billion, a P/E ratio of 69.72, a PEG ratio of 1.28 and a beta of 1.37. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The business’s 50-day simple moving average is $141.50 and its 200-day simple moving average is $138.00.

Entegris (NASDAQ:ENTG) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.11. The business had revenue of $883.20 million for 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 quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the company earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities research analysts expect that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed 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. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s payout ratio is currently 20.10%.

Wall Street Analysts Forecast Growth

ENTG has been the subject of a number of analyst reports. Zacks Research raised Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Wall Street Zen cut shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. UBS Group boosted their price target on shares of Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, 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. 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.com, the company has a consensus rating of “Buy” and a consensus 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.