Public Employees Retirement System of Ohio raised its stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 0.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,437 shares of the semiconductor company’s stock after purchasing an additional 300 shares during the period. Public Employees Retirement System of Ohio’s holdings in Entegris were worth $3,826,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Entegris by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 15,553,199 shares of the semiconductor company’s stock valued at $1,360,594,000 after purchasing an additional 351,053 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Entegris by 21.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 13,555,677 shares of the semiconductor company’s stock worth $1,185,852,000 after acquiring an additional 2,361,065 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Entegris by 235.8% during the 1st quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company’s stock worth $438,642,000 after acquiring an additional 3,520,997 shares during the period. Select Equity Group L.P. lifted its holdings in shares of Entegris by 6.9% during the 1st quarter. Select Equity Group L.P. now owns 4,074,232 shares of the semiconductor company’s stock worth $356,414,000 after acquiring an additional 263,168 shares during the period. Finally, Durable Capital Partners LP lifted its holdings in shares of Entegris by 43.3% during the 1st quarter. Durable Capital Partners LP now owns 2,914,417 shares of the semiconductor company’s stock worth $254,953,000 after acquiring an additional 881,198 shares during the period.
Insider Activity
In other Entegris news, SVP Clinton M. Haris sold 3,627 shares of the firm’s stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $90.00, for a total value of $326,430.00. Following the completion of the sale, the senior vice president owned 37,743 shares in the company, valued at approximately $3,396,870. This trade represents a 8.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Susan G. Rice sold 8,858 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total transaction of $707,222.72. Following the completion of the sale, the senior vice president owned 56,912 shares of the company’s stock, valued at $4,543,854.08. The trade was a 13.47% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.61% of the company’s stock.
Entegris Trading Down 1.1%
Entegris (NASDAQ:ENTG – Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.01. The firm had revenue of $792.40 million during the quarter, compared to the consensus estimate of $753.85 million. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The firm’s quarterly revenue was down 2.5% on a year-over-year basis. During the same period last year, the firm posted $0.71 EPS. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. Research analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.
Entegris Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.4%. The ex-dividend date was Wednesday, July 30th. Entegris’s dividend payout ratio (DPR) is presently 20.62%.
Analyst Ratings Changes
A number of equities analysts have recently commented on ENTG shares. The Goldman Sachs Group started coverage on shares of Entegris in a report on Thursday, July 10th. They set a “neutral” rating and a $85.00 price objective for the company. Oppenheimer started coverage on shares of Entegris in a report on Thursday, September 4th. They set a “market perform” rating and a $95.00 price objective for the company. UBS Group reduced their price objective on shares of Entegris from $95.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Wall Street Zen downgraded shares of Entegris from a “hold” rating to a “sell” rating in a report on Saturday, August 2nd. Finally, KeyCorp reaffirmed an “overweight” rating and set a $103.00 price objective (down from $112.00) on shares of Entegris in a report on Thursday, July 31st. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Entegris has a consensus rating of “Moderate Buy” and an average target price of $105.30.
Check Out Our Latest Stock Report on Entegris
About Entegris
Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).
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