Danske Bank A S Invests $11.21 Million in Entegris, Inc. $ENTG

Danske Bank A S purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTGFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 62,300 shares of the semiconductor company’s stock, valued at approximately $11,205,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Diversify Advisory Services LLC bought a new stake in Entegris in the 2nd quarter worth approximately $2,303,000. M.D. Sass LLC bought a new stake in shares of Entegris in the second quarter worth $28,331,000. K2 Principal Fund L.P. purchased a new stake in Entegris during the second quarter valued at $2,471,000. Meeder Advisory Services Inc. bought a new position in Entegris in the second quarter valued at about $596,000. Finally, Texas Capital Bank Wealth Management Services Inc bought a new position in Entegris in the second quarter valued at about $489,000.

Insiders Place Their Bets

In related news, insider Olivier Blachier sold 2,000 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $160.66, for a total transaction of $321,320.00. Following the sale, the insider owned 34,997 shares in the company, valued at approximately $5,622,618.02. This represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction 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 completion of the sale, the director owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 18,395 shares of company stock worth $2,808,134. 0.53% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. The Goldman Sachs Group raised Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. 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. BMO Capital Markets upped their price target on Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Finally, UBS Group raised their price objective on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $170.89.

Get Our Latest Stock Analysis on Entegris

Entegris Trading Down 0.7%

Shares of Entegris stock opened at $143.66 on Friday. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The company has a market capitalization of $21.91 billion, a P/E ratio of 72.19, a P/E/G ratio of 1.33 and a beta of 1.35. The company has a fifty day moving average of $147.98 and a 200 day moving average of $137.08.

Entegris (NASDAQ:ENTGGet Free Report) last posted 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. The business had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The business’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period last year, the firm earned $0.66 earnings per share. 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 business also recently disclosed 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. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s dividend payout ratio is 20.10%.

Entegris Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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