Mirae Asset Global Investments Co. Ltd. Boosts Stake in Entegris, Inc. $ENTG

Mirae Asset Global Investments Co. Ltd. boosted its stake in Entegris, Inc. (NASDAQ:ENTG) by 4.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 230,584 shares of the semiconductor company’s stock after buying an additional 10,684 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.15% of Entegris worth $18,597,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Alpine Bank Wealth Management boosted its holdings in shares of Entegris by 73.7% during the second quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 132 shares during the last quarter. Personal CFO Solutions LLC raised its position in shares of Entegris by 6.0% in the 1st quarter. Personal CFO Solutions LLC now owns 2,466 shares of the semiconductor company’s stock worth $216,000 after buying an additional 140 shares during the period. MAI Capital Management raised its position in Entegris by 19.7% in the first quarter. MAI Capital Management now owns 864 shares of the semiconductor company’s stock valued at $76,000 after purchasing an additional 142 shares during the period. First Hawaiian Bank raised its position in Entegris by 0.9% in the first quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company’s stock valued at $1,381,000 after purchasing an additional 143 shares during the period. Finally, Landscape Capital Management L.L.C. raised its position in Entegris by 7.5% in the first quarter. Landscape Capital Management L.L.C. now owns 2,345 shares of the semiconductor company’s stock valued at $205,000 after purchasing an additional 164 shares during the period.

Entegris Stock Up 1.9%

NASDAQ:ENTG opened at $98.61 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.95 and a current ratio of 3.30. The stock has a 50-day simple moving average of $84.60 and a 200 day simple moving average of $81.41. Entegris, Inc. has a one year low of $60.75 and a one year high of $113.90. The company has a market capitalization of $14.95 billion, a price-to-earnings ratio of 50.83 and a beta of 1.38.

Entegris (NASDAQ:ENTG) last issued its earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.01. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The company had revenue of $792.40 million during the quarter, compared to the consensus estimate of $753.85 million. During the same period in the previous year, the firm posted $0.71 earnings per share. Entegris’s quarterly revenue was down 2.5% compared to the same quarter last year. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. Sell-side analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Wednesday, July 30th. Entegris’s payout ratio is presently 20.62%.

Analysts Set New Price Targets

Several research analysts have commented on the company. Wall Street Zen raised Entegris from a “sell” rating to a “hold” rating in a research report on Friday. UBS Group cut their price objective on Entegris from $95.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Weiss Ratings reissued a “hold (c-)” rating on shares of Entegris in a research report on Saturday, September 27th. Mizuho raised their price objective on Entegris from $100.00 to $108.00 and gave the company an “outperform” rating in a research report on Friday. Finally, KeyCorp reissued an “overweight” rating and issued a $103.00 price objective (down from $112.00) on shares of Entegris in a research report on Thursday, July 31st. Seven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Entegris has a consensus rating of “Moderate Buy” and an average target price of $106.30.

Insider Buying and Selling

In other Entegris news, SVP Clinton M. Haris sold 3,627 shares of Entegris stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $90.00, for a total value of $326,430.00. Following the completion of the transaction, the senior vice president directly owned 37,743 shares in the company, valued at $3,396,870. The trade was a 8.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Susan G. Rice sold 8,858 shares of Entegris stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $79.84, for a total value of $707,222.72. Following the completion of the transaction, the senior vice president owned 56,912 shares of the company’s stock, valued at approximately $4,543,854.08. The trade was a 13.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Entegris Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).