Entegris, Inc. $ENTG Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB boosted its holdings in Entegris, Inc. (NASDAQ:ENTG) by 8.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,326 shares of the semiconductor company’s stock after acquiring an additional 3,900 shares during the quarter. Handelsbanken Fonder AB’s holdings in Entegris were worth $8,872,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new position in Entegris in the fourth quarter worth approximately $158,669,000. Legal & General Group Plc lifted its position in shares of Entegris by 2.6% during the 4th quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock valued at $41,661,000 after acquiring an additional 12,348 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Entegris by 20.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,196 shares of the semiconductor company’s stock valued at $17,035,000 after acquiring an additional 34,894 shares during the last quarter. Natixis Advisors LLC boosted its stake in shares of Entegris by 15.0% during the 4th quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock worth $35,449,000 after acquiring an additional 54,973 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Entegris by 122.0% during the 4th quarter. BNP Paribas Financial Markets now owns 455,882 shares of the semiconductor company’s stock worth $38,408,000 after acquiring an additional 250,574 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ENTG shares. Needham & Company LLC upped their target price on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft raised Entegris from a “hold” rating to a “buy” rating and lifted their price target for the stock from $152.00 to $200.00 in a research note on Wednesday. Zacks Research upgraded Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. The Goldman Sachs Group raised shares of Entegris from a “sell” rating to a “buy” rating in a research note on Wednesday. Finally, Mizuho lifted their target price on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $170.89.

Insider Buying and Selling

In related news, SVP Clinton M. Haris sold 6,848 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $149.23, for a total value of $1,021,927.04. Following the transaction, the senior vice president directly owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. This trade represents a 11.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total transaction of $308,310.24. Following the completion of the sale, the senior vice president 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. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 12,479 shares of company stock worth $1,842,710. Insiders own 0.53% of the company’s stock.

Entegris Stock Performance

Shares of Entegris stock opened at $163.81 on Friday. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83. The stock has a market cap of $24.98 billion, a PE ratio of 82.32, a price-to-earnings-growth ratio of 1.49 and a beta of 1.35. The business has a fifty day simple moving average of $146.17 and a 200-day simple moving average of $135.86.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $883.20 million during the quarter, compared to the consensus estimate of $835.79 million. During the same period in the prior year, the business earned $0.66 EPS. The business’s revenue for the quarter 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, sell-side analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. Entegris’s dividend payout ratio 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.