Meiji Yasuda Asset Management Co Ltd. Invests $697,000 in Entegris, Inc. $ENTG

Meiji Yasuda Asset Management Co Ltd. acquired a new position in Entegris, Inc. (NASDAQ:ENTG) in the second quarter, HoldingsChannel reports. The institutional investor acquired 3,876 shares of the semiconductor company’s stock, valued at approximately $697,000.

Other large investors also recently modified their holdings of the company. Norges Bank purchased a new position in shares of Entegris in the fourth quarter valued at about $158,669,000. Legal & General Group Plc grew its position in shares of Entegris by 2.6% during the fourth quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock worth $41,661,000 after purchasing an additional 12,348 shares in the last quarter. Natixis Advisors LLC grew its position in shares of Entegris by 15.0% during the fourth quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock worth $35,449,000 after purchasing an additional 54,973 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Entegris by 122.0% during the 4th quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock valued at $38,408,000 after purchasing an additional 250,574 shares during the period. Finally, Wilson Asset Management International PTY Ltd. bought a new stake in Entegris during the 4th quarter valued at approximately $2,732,000.

Analyst Ratings Changes

Several research analysts have weighed in on ENTG shares. Mizuho upped their price target on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Freedom Capital raised shares of Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Finally, Citigroup reissued a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Two investment 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 company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $170.89.

Insider Buying and Selling

In other Entegris news, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total transaction of $644,103.68. Following the sale, the senior vice president directly owned 50,297 shares of the company’s stock, valued at $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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 stock was sold at an average price of $160.66, for a total value of $321,320.00. Following 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 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 11,547 shares of company stock worth $1,786,207. Insiders own 0.53% of the company’s stock.

Entegris Trading Up 0.4%

Shares of ENTG opened at $138.87 on Wednesday. The stock has a market capitalization of $21.18 billion, a PE ratio of 69.78, a P/E/G ratio of 1.27 and a beta of 1.35. The company’s fifty day moving average is $147.24 and its 200 day moving average is $137.57. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94.

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

Entegris Dividend Announcement

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

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.