Entegris, Inc. $ENTG Shares Bought by Nissay Asset Management Corp Japan

Nissay Asset Management Corp Japan grew its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 29.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 73,638 shares of the semiconductor company’s stock after buying an additional 16,661 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Entegris were worth $13,245,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Ancora Advisors LLC acquired a new position in Entegris in the second quarter valued at $31,000. Transamerica Financial Advisors LLC purchased a new position in shares of Entegris in the 2nd quarter worth about $32,000. Millstone Evans Group LLC raised its holdings in shares of Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 176 shares during the period. First Horizon Corp grew its holdings in shares of Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 178 shares during the period. Finally, Elevated Capital Advisors LLC purchased a new stake in shares of Entegris during the 1st quarter worth about $44,000.

Entegris Price Performance

Shares of ENTG stock opened at $134.92 on Friday. The firm has a fifty day simple moving average of $145.39 and a 200-day simple moving average of $137.93. The company has a market capitalization of $20.58 billion, a PE ratio of 67.80, a price-to-earnings-growth ratio of 1.24 and a beta of 1.35. Entegris, Inc. has a twelve month low of $67.97 and a twelve 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.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share for the quarter, beating 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 company had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. During the same period in the prior year, the company posted $0.66 EPS. The firm’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. Equities research analysts anticipate that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 annualized dividend and a yield of 0.3%. Entegris’s payout ratio is currently 20.10%.

Insiders Place Their Bets

In other Entegris news, SVP Joseph Colella sold 3,916 shares of the company’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 value 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 represents a 7.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Olivier Blachier sold 2,000 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $160.66, for a total value of $321,320.00. Following the transaction, the insider owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. This trade represents 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. Insiders have sold 11,547 shares of company stock valued at $1,786,207 over the last 90 days. 0.53% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on ENTG shares. BMO Capital Markets lifted their price target on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Zacks Research upgraded Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. The Goldman Sachs Group raised Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. Finally, Freedom Capital upgraded Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Two 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, Entegris currently has a consensus rating of “Buy” and an average price target of $170.89.

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.