Fenimore Asset Management Inc Purchases 26,806 Shares of Entegris, Inc. $ENTG

Fenimore Asset Management Inc raised its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 5.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 547,883 shares of the semiconductor company’s stock after purchasing an additional 26,806 shares during the quarter. Fenimore Asset Management Inc owned 0.36% of Entegris worth $44,187,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ENTG. DAVENPORT & Co LLC grew its position in Entegris by 1.3% during the second quarter. DAVENPORT & Co LLC now owns 8,450 shares of the semiconductor company’s stock valued at $681,000 after buying an additional 110 shares during the period. Phraction Management LLC boosted its stake in shares of Entegris by 32.7% during the 2nd quarter. Phraction Management LLC now owns 90,969 shares of the semiconductor company’s stock worth $7,337,000 after acquiring an additional 22,435 shares during the last quarter. Hilltop National Bank bought a new stake in shares of Entegris during the 2nd quarter valued at $95,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Entegris by 4.9% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,584 shares of the semiconductor company’s stock worth $18,597,000 after purchasing an additional 10,684 shares in the last quarter. Finally, Alpine Bank Wealth Management increased its stake in shares of Entegris by 73.7% in the 2nd quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 132 shares in the last quarter.

Wall Street Analyst Weigh In

Several analysts have issued reports on ENTG shares. KeyCorp reissued an “overweight” rating and set a $103.00 price target (down previously from $112.00) on shares of Entegris in a report on Thursday, July 31st. The Goldman Sachs Group started coverage on Entegris in a research note on Thursday, July 10th. They set a “neutral” rating and a $85.00 price objective for the company. Weiss Ratings restated a “hold (c-)” rating on shares of Entegris in a research note on Saturday, September 27th. Oppenheimer initiated coverage on shares of Entegris in a research report on Thursday, September 4th. They issued a “market perform” rating and a $95.00 price target for the company. Finally, UBS Group decreased their price objective on shares of Entegris from $95.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Seven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.30.

Insider Transactions at Entegris

In other news, SVP Susan G. Rice sold 8,858 shares of Entegris stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total transaction of $707,222.72. Following the completion of the sale, the senior vice president owned 56,912 shares of the company’s stock, valued at approximately $4,543,854.08. The trade was a 13.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Clinton M. Haris sold 3,627 shares of the firm’s stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $90.00, for a total value of $326,430.00. Following the transaction, the senior vice president owned 37,743 shares in the company, valued at $3,396,870. The trade was a 8.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.61% of the company’s stock.

Entegris Stock Up 1.9%

NASDAQ ENTG opened at $98.61 on Monday. The company has a quick ratio of 1.95, a current ratio of 3.30 and a debt-to-equity ratio of 1.04. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $113.90. The firm has a market capitalization of $14.95 billion, a price-to-earnings ratio of 50.83 and a beta of 1.38. The company has a fifty day moving average of $84.60 and a two-hundred day moving average of $81.29.

Entegris (NASDAQ:ENTG) last released its earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.01. Entegris had a net margin of 9.17% and a return on equity of 12.05%. The firm had revenue of $792.40 million during the quarter, compared to analyst estimates of $753.85 million. During the same quarter last year, the business earned $0.71 EPS. The business’s revenue was down 2.5% on a year-over-year basis. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. On average, analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Investors of record on Wednesday, July 30th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, July 30th. Entegris’s dividend payout ratio (DPR) is currently 20.62%.

About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).