Saudi Central Bank Buys 5,061 Shares of Entegris, Inc. $ENTG

Saudi Central Bank raised its stake in Entegris, Inc. (NASDAQ:ENTG) by 90.4% during the second quarter, Holdings Channel reports. The fund owned 10,657 shares of the semiconductor company’s stock after buying an additional 5,061 shares during the period. Saudi Central Bank’s holdings in Entegris were worth $1,917,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of ENTG. California Public Employees Retirement System increased its position in Entegris by 7.5% in the second quarter. California Public Employees Retirement System now owns 193,090 shares of the semiconductor company’s stock worth $15,573,000 after buying an additional 13,544 shares during the last quarter. Squarepoint Ops LLC raised its stake in Entegris by 66.3% in the 2nd quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock valued at $3,680,000 after acquiring an additional 18,195 shares during the period. Treasurer of the State of North Carolina raised its stake in Entegris by 1.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 70,021 shares of the semiconductor company’s stock valued at $5,647,000 after acquiring an additional 1,114 shares during the period. Alliancebernstein L.P. lifted its holdings in Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock valued at $16,196,000 after purchasing an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new position in Entegris during the second quarter worth about $241,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ENTG shares. BMO Capital Markets boosted their price objective on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Needham & Company LLC boosted their price target on shares of Entegris from $165.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Freedom Capital upgraded Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Finally, Mizuho increased their target price on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. 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 company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $170.89.

Entegris Price Performance

Shares of ENTG stock opened at $138.74 on Tuesday. The firm has a market cap of $21.16 billion, a P/E ratio of 69.72, a P/E/G ratio of 1.28 and a beta of 1.37. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The business’s 50 day moving average price is $140.85 and its 200-day moving average price is $138.11. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05.

Entegris (NASDAQ:ENTG) last announced its 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 return on equity of 12.25% and a net margin of 9.18%.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 earned $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, equities research analysts anticipate that Entegris, Inc. will post 3.91 earnings per share for the current year.

Entegris Announces Dividend

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

Insiders Place Their Bets

In other news, SVP Susan Rice sold 2,062 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the sale, the senior vice president directly owned 66,976 shares of the company’s stock, valued at approximately $10,014,251.52. This trade represents a 2.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Joseph Colella sold 3,916 shares of Entegris 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 sale, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. The trade was a 7.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 7,978 shares of company stock worth $1,273,734. 0.53% of the stock is currently owned by corporate insiders.

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.