Trillium Asset Management LLC Takes $4.66 Million Position in Entegris, Inc. $ENTG

Trillium Asset Management LLC bought a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 25,925 shares of the semiconductor company’s stock, valued at approximately $4,663,000.

Other hedge funds also recently bought and sold shares of the company. California Public Employees Retirement System increased its stake in Entegris by 7.5% in the 2nd 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 in the last quarter. Squarepoint Ops LLC lifted its position in shares of Entegris by 66.3% in the second 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 in the last quarter. Treasurer of the State of North Carolina lifted its position in shares of Entegris by 1.6% in the second 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 in the last quarter. Alliancebernstein L.P. boosted its stake in shares of Entegris by 3.8% in the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock worth $16,196,000 after acquiring an additional 7,292 shares during the period. Finally, Diversify Advisory Services LLC bought a new position in shares of Entegris in the second quarter worth about $241,000.

Entegris Price Performance

NASDAQ:ENTG opened at $144.63 on Friday. 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 $22.06 billion, a P/E ratio of 72.68, a P/E/G ratio of 1.33 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 business’s 50-day moving average is $148.12 and its 200 day moving average is $137.04.

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. The company had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. Entegris had a return on equity of 12.25% and a net margin of 9.18%.The firm’s revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities research analysts forecast that Entegris, Inc. will post 3.91 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders 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 currently 20.10%.

Insider Transactions at Entegris

In related news, Director James P. Lederer sold 3,569 shares of the company’s stock in a transaction 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 sale, the director owned 18,277 shares of the company’s stock, valued at $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Susan G. Rice sold 2,062 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the transaction, the senior vice president owned 66,976 shares of the company’s stock, valued at $10,014,251.52. This trade represents a 2.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 18,395 shares of company stock valued at $2,808,134 in the last 90 days. Company insiders own 0.53% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ENTG shares. Zacks Research raised Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Oppenheimer restated an “outperform” rating and issued a $160.00 price target on shares of Entegris in a research note on Friday, May 1st. Needham & Company LLC increased their price objective on shares of Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. BMO Capital Markets boosted their target price on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Entegris from a “hold” rating to a “buy” rating and upped their target price for the stock from $152.00 to $200.00 in a research report on Wednesday, August 12th. Two 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. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $170.89.

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.