SEB Asset Management AB Invests $5.42 Million in Entegris, Inc. $ENTG

SEB Asset Management AB acquired a new stake in Entegris, Inc. (NASDAQ:ENTG) in the 1st quarter, HoldingsChannel reports. The fund acquired 46,259 shares of the semiconductor company’s stock, valued at approximately $5,423,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ENTG. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in 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 during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its stake in 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 valued at $2,858,000 after acquiring an additional 127 shares during the last quarter. Resona Asset Management Co. Ltd. increased its stake in shares of Entegris by 0.3% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock worth $5,199,000 after purchasing an additional 128 shares during the last quarter. TD Private Client Wealth LLC increased its stake in shares of Entegris by 13.3% during the 4th quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock worth $97,000 after purchasing an additional 135 shares during the last quarter. Finally, CIBC Asset Management Inc raised its holdings in shares of Entegris by 2.1% in the 4th quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock valued at $564,000 after purchasing an additional 140 shares during the period.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. UBS Group raised their target price on shares of Entegris from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Weiss Ratings raised Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. BMO Capital Markets upped their price objective on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Wall Street Zen raised Entegris from a “buy” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Finally, Mizuho lifted their target price on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $164.22.

Entegris Price Performance

Shares of Entegris stock opened at $137.48 on Thursday. The company has a quick ratio of 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $20.97 billion, a price-to-earnings ratio of 79.47, a price-to-earnings-growth ratio of 1.63 and a beta of 1.31. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94. The company has a 50-day simple moving average of $145.97 and a two-hundred day simple moving average of $132.52.

Entegris (NASDAQ:ENTG) last announced its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The firm had revenue of $811.90 million for the quarter, compared to analyst estimates of $808.72 million. During the same quarter in the prior year, the business posted $0.67 EPS. The business’s revenue was up 5.0% compared to the same quarter last year. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Analysts forecast that Entegris, Inc. will post 3.65 EPS for the current year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s dividend payout ratio is currently 23.12%.

Insider Activity

In other Entegris news, SVP Joseph Colella sold 6,326 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $140.17, for a total transaction of $886,715.42. Following the transaction, the senior vice president owned 50,121 shares in the company, valued at $7,025,460.57. This trade represents a 11.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James P. Lederer sold 3,569 shares of Entegris stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the completion of the transaction, the director directly owned 18,277 shares of the company’s stock, valued at $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 44,466 shares of company stock worth $6,186,624. 0.53% of the stock is currently owned by insiders.

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.