157,517 Shares in Entegris, Inc. $ENTG Purchased by M.D. Sass LLC

M.D. Sass LLC bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 157,517 shares of the semiconductor company’s stock, valued at approximately $28,331,000. Entegris accounts for about 1.9% of M.D. Sass LLC’s investment portfolio, making the stock its 21st largest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of ENTG. California Public Employees Retirement System raised its position in shares of Entegris by 7.5% during the 2nd quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock valued at $15,573,000 after buying an additional 13,544 shares during the period. Squarepoint Ops LLC lifted its stake in shares of Entegris by 66.3% in the 2nd quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock valued at $3,680,000 after purchasing an additional 18,195 shares during the last quarter. Treasurer of the State of North Carolina lifted its stake in shares of Entegris by 1.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock valued at $5,647,000 after purchasing an additional 1,114 shares during the last quarter. Alliancebernstein L.P. grew its holdings in shares of Entegris by 3.8% during the 2nd quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock worth $16,196,000 after purchasing an additional 7,292 shares during the period. Finally, Diversify Advisory Services LLC purchased a new position in shares of Entegris during the 2nd quarter worth $241,000.

Insider Buying and Selling

In other news, insider Olivier Blachier sold 2,000 shares of the stock in a transaction dated 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 sale, the insider owned 34,997 shares in the company, valued at approximately $5,622,618.02. This represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the firm’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 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 SEC filing for this sale provides additional information. Insiders sold a total of 18,395 shares of company stock valued at $2,808,134 in the last quarter. Corporate insiders own 0.53% of the company’s stock.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $150.26 on Wednesday. The stock has a market cap of $22.91 billion, a P/E ratio of 75.51, a P/E/G ratio of 1.49 and a beta of 1.35. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The stock has a 50 day moving average of $147.82 and a two-hundred day moving average of $136.70. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83.

Entegris (NASDAQ:ENTG) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 9.18% and a return on equity of 12.25%. The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period last year, the firm posted $0.66 earnings per share. 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 year.

Entegris Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have commented on ENTG. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. BMO Capital Markets boosted their target price on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft upgraded Entegris from a “hold” rating to a “buy” rating and lifted their price objective for the company from $152.00 to $200.00 in a research note on Wednesday, August 12th. Mizuho boosted their target price on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Finally, Needham & Company LLC increased their price target on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Two 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. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average 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.