Polymer Capital Management HK LTD Makes New Investment in Entegris, Inc. $ENTG

Polymer Capital Management HK LTD purchased a new position in Entegris, Inc. (NASDAQ:ENTG) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 24,105 shares of the semiconductor company’s stock, valued at approximately $4,336,000.

A number of other hedge funds also recently modified their holdings of ENTG. E20 Capital Ltd bought a new stake in Entegris during the 2nd quarter worth approximately $19,670,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Entegris during the 2nd quarter worth approximately $9,602,000. Meiji Yasuda Asset Management Co Ltd. bought a new position in Entegris in the second quarter valued at approximately $697,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Entegris in the second quarter valued at approximately $486,101,000. Finally, Bank of Nova Scotia acquired a new position in shares of Entegris in the second quarter valued at approximately $12,075,000.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ENTG shares. Oppenheimer reissued an “outperform” rating and set a $160.00 price objective on shares of Entegris in a research report on Friday, May 1st. Needham & Company LLC boosted their price target 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 upped their price objective for the stock from $152.00 to $200.00 in a research report on Wednesday, August 12th. The Goldman Sachs Group raised Entegris from a “sell” rating to a “buy” rating in a research report on Wednesday, August 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Entegris currently has an average rating of “Buy” and a consensus target price of $170.89.

Entegris Stock Performance

Shares of NASDAQ ENTG opened at $143.66 on Monday. 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 company has a market capitalization of $21.91 billion, a P/E ratio of 72.19, a P/E/G ratio of 1.32 and a beta of 1.35. Entegris, Inc. has a 12 month low of $67.97 and a 12 month high of $186.94. The stock has a 50 day moving average of $147.98 and a 200-day moving average of $137.21.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS 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 business had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. During the same quarter in the prior year, the business earned $0.66 EPS. Entegris’s quarterly revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities research analysts predict that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Dividend Announcement

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

Insider Activity

In other news, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the transaction, the director directly owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Olivier Blachier sold 2,000 shares of the business’s 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 completion of the sale, 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 18,395 shares of company stock worth $2,808,134. Insiders own 0.53% of the company’s stock.

About Entegris

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.