Legal & General Group Plc Makes New Investment in Entegris, Inc. $ENTG

Legal & General Group Plc acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 470,119 shares of the semiconductor company’s stock, valued at approximately $84,556,000. Legal & General Group Plc owned 0.31% of Entegris as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of ENTG. California Public Employees Retirement System boosted its holdings in shares of 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 purchasing an additional 13,544 shares in the last quarter. Squarepoint Ops LLC boosted its stake in Entegris by 66.3% in the second quarter. Squarepoint Ops LLC now owns 45,627 shares of the semiconductor company’s stock worth $3,680,000 after buying an additional 18,195 shares in the last quarter. Treasurer of the State of North Carolina grew its position in Entegris by 1.6% during 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 during the last quarter. Alliancebernstein L.P. raised its stake in shares of Entegris by 3.8% during 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 in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of Entegris in the 2nd quarter worth approximately $241,000.

Analyst Ratings Changes

Several research firms have recently commented on ENTG. Zacks Research upgraded Entegris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. BMO Capital Markets lifted their target price on shares of Entegris from $153.00 to $167.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. Citigroup restated a “buy” rating on shares of Entegris in a research report on Thursday, April 30th. Finally, Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $170.89.

Entegris Stock Performance

Shares of Entegris stock opened at $145.31 on Friday. Entegris, Inc. has a 1 year low of $67.97 and a 1 year high of $186.94. The firm’s 50-day moving average is $146.27 and its 200 day moving average is $137.95. The stock has a market cap of $22.16 billion, a price-to-earnings ratio of 73.02, a PEG ratio of 1.31 and a beta of 1.35. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.05 and a quick ratio of 1.85.

Entegris (NASDAQ:ENTG) 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. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The firm had revenue of $883.20 million for the quarter, compared to analysts’ expectations of $835.79 million. During the same quarter in the prior year, the company posted $0.66 earnings per share. The business’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. Sell-side analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

The firm also recently announced 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 of this dividend 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 (DPR) is presently 20.10%.

Insiders Place Their Bets

In other news, SVP Susan G. Rice sold 2,062 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $149.52, for a total value of $308,310.24. Following the completion of the transaction, the senior vice president owned 66,976 shares in the company, valued at $10,014,251.52. The trade was a 2.99% 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, Director James P. Lederer sold 3,569 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total value of $512,472.71. Following the sale, the director directly owned 18,277 shares in the company, valued at $2,624,394.43. This trade represents a 16.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,547 shares of company stock worth $1,786,207 in the last 90 days. 0.53% of the stock is currently owned by company insiders.

Entegris Company 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.