Canada Pension Plan Investment Board Makes New $7.86 Million Investment in Entegris, Inc. $ENTG

Canada Pension Plan Investment Board purchased a new stake in Entegris, Inc. (NASDAQ:ENTG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 43,700 shares of the semiconductor company’s stock, valued at approximately $7,860,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ENTG. Legal & General Group Plc grew its holdings in Entegris by 2.6% in the fourth quarter. Legal & General Group Plc now owns 494,491 shares of the semiconductor company’s stock worth $41,661,000 after purchasing an additional 12,348 shares during the period. Norges Bank acquired a new position in shares of Entegris during the fourth quarter valued at about $158,669,000. BNP Paribas Financial Markets boosted its position 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 purchasing an additional 250,574 shares in the last quarter. Natixis Advisors LLC grew its stake in shares of Entegris by 15.0% in the 4th quarter. Natixis Advisors LLC now owns 420,758 shares of the semiconductor company’s stock valued at $35,449,000 after buying an additional 54,973 shares during the period. Finally, Wilson Asset Management International PTY Ltd. bought a new stake in Entegris in the 4th quarter valued at about $2,732,000.

Entegris Trading Down 7.2%

Shares of Entegris stock opened at $134.92 on Friday. 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 company has a market capitalization of $20.58 billion, a P/E ratio of 67.80, a price-to-earnings-growth ratio of 1.24 and a beta of 1.35. The stock has a fifty day simple moving average of $145.39 and a 200 day simple moving average of $137.93.

Entegris (NASDAQ:ENTG) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $835.79 million. During the same quarter in the prior year, the company posted $0.66 earnings per share. 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. On average, sell-side analysts anticipate that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, July 29th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend 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 business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the transaction, 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Joseph Colella sold 3,916 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the completion of the transaction, the senior vice president directly owned 50,297 shares of the company’s stock, valued at approximately $8,272,850.56. This represents a 7.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 11,547 shares of company stock worth $1,786,207. Corporate insiders own 0.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ENTG. Deutsche Bank Aktiengesellschaft raised Entegris from a “hold” rating to a “buy” rating and upped their price target for the stock from $152.00 to $200.00 in a research note on Wednesday, August 12th. Zacks Research upgraded Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Freedom Capital upgraded Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Mizuho lifted their price target on shares of Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Finally, Wall Street Zen downgraded shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Two equities research 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 company. Based on data from MarketBeat, the stock 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.