Commerce Bank Purchases New Shares in Entegris, Inc. $ENTG

Commerce Bank acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 11,844 shares of the semiconductor company’s stock, valued at approximately $2,130,000.

A number of other institutional investors and hedge funds have also made changes to their positions in ENTG. Millstone Evans Group LLC raised its position in shares of Entegris by 191.3% during the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 176 shares in the last quarter. Johnson Financial Group Inc. grew its position in Entegris by 147.5% in the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 236 shares in the last quarter. First Horizon Corp grew its position in Entegris by 147.1% in the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 178 shares in the last quarter. Elevated Capital Advisors LLC bought a new stake in Entegris during the first quarter worth approximately $44,000. Finally, Los Angeles Capital Management LLC purchased a new stake in Entegris during the fourth quarter valued at approximately $59,000.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ENTG shares. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. UBS Group increased their price target on Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Freedom Capital raised shares of Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Finally, Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Two 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.com, the stock currently has an average rating of “Buy” and an average target price of $170.89.

Insider Transactions at Entegris

In other Entegris news, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction dated 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 sale, the senior vice president directly owned 50,297 shares of the company’s stock, valued at $8,272,850.56. The trade was a 7.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James P. Lederer sold 3,569 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total transaction of $512,472.71. Following the completion of the transaction, the director owned 18,277 shares in the company, valued at $2,624,394.43. This represents a 16.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 18,395 shares of company stock valued at $2,808,134. Company insiders own 0.53% of the company’s stock.

Entegris Trading Down 3.8%

ENTG opened at $138.25 on Tuesday. 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 stock’s 50 day moving average price is $147.49 and its 200-day moving average price is $137.38. Entegris, Inc. has a one year low of $67.97 and a one year high of $186.94. The stock has a market cap of $21.08 billion, a price-to-earnings ratio of 69.47, a P/E/G ratio of 1.32 and a beta of 1.35.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same period last year, the company earned $0.66 EPS. Entegris’s quarterly revenue was up 11.5% compared to the same quarter last year. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, equities analysts forecast that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio is presently 20.10%.

Entegris 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.