OMERS ADMINISTRATION Corp Buys New Shares in Entegris, Inc. $ENTG

OMERS ADMINISTRATION Corp purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 7,972 shares of the semiconductor company’s stock, valued at approximately $1,434,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sanctuary Advisors LLC bought a new position in shares of Entegris in the second quarter worth about $2,002,000. Polymer Capital Management HK LTD bought a new position in shares of Entegris during the 2nd quarter valued at approximately $4,336,000. E20 Capital Ltd bought a new position in shares of Entegris during the 2nd quarter valued at approximately $19,670,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Entegris in the 2nd quarter worth approximately $9,602,000. Finally, Meiji Yasuda Asset Management Co Ltd. bought a new stake in Entegris during the 2nd quarter worth approximately $697,000.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Citigroup reaffirmed a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Wall Street Zen downgraded shares of Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Needham & Company LLC lifted their target price on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. The Goldman Sachs Group upgraded shares of Entegris from a “sell” rating to a “buy” rating in a research note on Wednesday, August 12th. Finally, BMO Capital Markets upped their target price on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Two 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 stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $170.89.

Entegris Stock Up 2.6%

NASDAQ ENTG opened at $142.46 on Thursday. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. 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 $21.73 billion, a PE ratio of 71.59, a P/E/G ratio of 1.28 and a beta of 1.35. The stock’s 50 day moving average is $146.94 and its 200 day moving average is $137.79.

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, beating analysts’ consensus estimates of $0.82 by $0.11. The business had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The company’s revenue was up 11.5% on a year-over-year basis. During the same period last year, the firm posted $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. Research analysts predict that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Dividend Announcement

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

Insider Activity at Entegris

In other Entegris news, Director James P. Lederer sold 3,569 shares of the business’s 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 sale, the director owned 18,277 shares in the company, valued at $2,624,394.43. The trade was a 16.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Joseph Colella sold 3,916 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.48, for a total transaction of $644,103.68. Following the transaction, the senior vice president directly owned 50,297 shares of the company’s stock, valued at $8,272,850.56. This trade represents a 7.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 11,547 shares of company stock valued at $1,786,207. 0.53% of the stock is currently owned by insiders.

Entegris Company 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.