Styrax Capital LP Takes Position in Entegris, Inc. $ENTG

Styrax Capital LP purchased a new position in Entegris, Inc. (NASDAQ:ENTG) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 75,000 shares of the semiconductor company’s stock, valued at approximately $13,490,000. Entegris comprises about 0.9% of Styrax Capital LP’s portfolio, making the stock its 16th largest position.

Several other large investors have also recently made changes to their positions in ENTG. Ancora Advisors LLC boosted its stake in Entegris by 85.1% during the 2nd quarter. Ancora Advisors LLC now owns 174 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 80 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Entegris by 0.3% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock worth $2,645,000 after buying an additional 100 shares in the last quarter. Parvin Asset Management LLC raised its position in shares of Entegris by 19.2% in the first quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock valued at $87,000 after buying an additional 120 shares during the last quarter. Lido Advisors LLC raised its position in shares of Entegris by 1.5% in the first quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock valued at $1,002,000 after buying an additional 125 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC lifted its stake in shares of Entegris by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock worth $2,858,000 after buying an additional 127 shares in the last quarter.

Entegris Stock Performance

NASDAQ ENTG opened at $138.74 on Friday. The stock has a fifty day simple moving average of $141.50 and a 200-day simple moving average of $138.00. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83. The stock has a market cap of $21.16 billion, a PE ratio of 69.72, a P/E/G ratio of 1.28 and a beta of 1.37. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94.

Entegris (NASDAQ:ENTG) last issued 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 net margin of 9.18% and a return on equity of 12.25%. The firm had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. During the same period in the previous year, the firm earned $0.66 EPS. Entegris’s revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Equities analysts anticipate that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Announces Dividend

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

Analyst Ratings Changes

Several brokerages recently issued reports on ENTG. The Goldman Sachs Group raised shares of Entegris from a “sell” rating to a “buy” rating in a research note on Wednesday, August 12th. UBS Group raised their target price on shares of Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. BMO Capital Markets boosted their target price on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $170.89.

Insider Transactions at Entegris

In related news, SVP Susan G. Rice sold 2,062 shares of Entegris stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the sale, the senior vice president owned 66,976 shares in the company, valued at approximately $10,014,251.52. This trade represents a 2.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Olivier Blachier sold 2,000 shares of the business’s 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 approximately $5,622,618.02. The trade was a 5.41% decrease in their position. 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 three months, insiders have sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is currently owned by insiders.

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.