Farther Finance Advisors LLC Decreases Stake in Entegris, Inc. $ENTG

Farther Finance Advisors LLC lessened its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 17.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,144 shares of the semiconductor company’s stock after selling 238 shares during the quarter. Farther Finance Advisors LLC’s holdings in Entegris were worth $92,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Entegris by 2.3% during the first quarter. Vanguard Group Inc. now owns 15,553,199 shares of the semiconductor company’s stock valued at $1,360,594,000 after acquiring an additional 351,053 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Entegris by 21.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 13,555,677 shares of the semiconductor company’s stock valued at $1,185,852,000 after acquiring an additional 2,361,065 shares during the last quarter. Principal Financial Group Inc. increased its position in Entegris by 235.8% during the first quarter. Principal Financial Group Inc. now owns 5,014,198 shares of the semiconductor company’s stock valued at $438,642,000 after acquiring an additional 3,520,997 shares during the last quarter. Select Equity Group L.P. increased its position in Entegris by 6.9% during the first quarter. Select Equity Group L.P. now owns 4,074,232 shares of the semiconductor company’s stock valued at $356,414,000 after acquiring an additional 263,168 shares during the last quarter. Finally, Durable Capital Partners LP increased its position in Entegris by 43.3% during the first quarter. Durable Capital Partners LP now owns 2,914,417 shares of the semiconductor company’s stock valued at $254,953,000 after acquiring an additional 881,198 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ENTG shares. Oppenheimer started coverage on Entegris in a research report on Thursday, September 4th. They set a “market perform” rating and a $95.00 price objective for the company. KeyCorp reiterated an “overweight” rating and set a $103.00 price objective (down previously from $112.00) on shares of Entegris in a research report on Thursday, July 31st. UBS Group reduced their price objective on Entegris from $95.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, July 31st. The Goldman Sachs Group began coverage on Entegris in a research report on Thursday, July 10th. They issued a “neutral” rating and a $85.00 price target for the company. Finally, Mizuho upped their price target on Entegris from $100.00 to $108.00 and gave the stock an “outperform” rating in a research report on Friday. Seven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $106.30.

Insider Activity at Entegris

In other news, SVP Susan G. Rice sold 8,858 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total value of $707,222.72. Following the completion of the sale, the senior vice president directly owned 56,912 shares of the company’s stock, valued at $4,543,854.08. This trade represents a 13.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Clinton M. Haris sold 3,627 shares of the firm’s stock in a transaction that occurred on 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 directly owned 37,743 shares of the company’s stock, valued at $3,396,870. The trade was a 8.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is owned by company insiders.

Entegris Price Performance

Shares of Entegris stock opened at $98.61 on Friday. The stock has a 50 day moving average of $84.60 and a 200 day moving average of $81.41. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $113.90. The firm has a market cap of $14.95 billion, a PE ratio of 50.83 and a beta of 1.38. The company has a current ratio of 3.30, a quick ratio of 1.95 and a debt-to-equity ratio of 1.04.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.01. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The company had revenue of $792.40 million during the quarter, compared to analyst estimates of $753.85 million. During the same period in the prior year, the company earned $0.71 earnings per share. The firm’s revenue was down 2.5% on a year-over-year basis. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, research analysts expect that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, July 30th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, July 30th. Entegris’s dividend payout ratio (DPR) is presently 20.62%.

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).