Man Group plc Purchases New Shares in Entegris, Inc. $ENTG

Man Group plc acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 13,683 shares of the semiconductor company’s stock, valued at approximately $2,461,000.

Several other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of Entegris during the 2nd quarter valued at about $3,683,556,000. Principal Financial Group Inc. boosted its position 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 valued at $689,990,000 after acquiring an additional 68,152 shares in the last quarter. State Street Corp boosted its position in 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 acquiring an additional 61,549 shares in the last quarter. Durable Capital Partners LP grew its holdings 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 worth $348,115,000 after acquiring an additional 709,121 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of 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 acquiring an additional 424,812 shares during the period.

Analysts Set New Price Targets

ENTG has been the subject of a number of research analyst reports. UBS Group raised their target price on Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. The Goldman Sachs Group upgraded Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. BMO Capital Markets lifted their target price on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Finally, Mizuho boosted their price target on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Entegris has an average rating of “Buy” and a consensus target price of $170.89.

Entegris Stock Down 4.3%

Shares of Entegris stock opened at $129.51 on Wednesday. The stock has a market capitalization of $19.75 billion, a PE ratio of 65.08, a price-to-earnings-growth ratio of 1.25 and a beta of 1.36. 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 company has a 50-day simple moving average of $143.64 and a two-hundred day simple moving average of $138.00. Entegris, Inc. has a 52-week low of $67.97 and a 52-week high of $186.94.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.11. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. During the same period in the prior year, the firm posted $0.66 EPS. The firm’s quarterly revenue 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, analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Dividend Announcement

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

Insider Buying and Selling at Entegris

In other news, insider Olivier Blachier sold 2,000 shares of Entegris stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the completion of the sale, the insider directly owned 34,997 shares in the company, valued at $5,622,618.02. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 2,062 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the transaction, the senior vice president directly owned 66,976 shares of the company’s stock, valued at $10,014,251.52. The trade was a 2.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 7,978 shares of company stock worth $1,273,734. Company insiders own 0.53% of the company’s stock.

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.