Rakuten Investment Management Inc. Acquires New Position in Entegris, Inc. $ENTG

Rakuten Investment Management Inc. acquired a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 28,685 shares of the semiconductor company’s stock, valued at approximately $4,906,000.

A number of other large investors also recently bought and sold shares of the company. 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 acquiring an additional 176 shares in the last quarter. Ancora Advisors LLC acquired a new position in Entegris in the second quarter worth $31,000. Transamerica Financial Advisors LLC bought a new stake in Entegris during the second quarter valued at $32,000. Johnson Financial Group Inc. increased its stake in Entegris by 147.5% during the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 236 shares during the last quarter. Finally, First Horizon Corp raised its holdings in shares of Entegris by 147.1% during the first quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 178 shares during the period.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. BMO Capital Markets lifted their price target on shares of Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. UBS Group raised their target price on shares of Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Needham & Company LLC lifted their target price on Entegris from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Freedom Capital raised Entegris to a “strong-buy” rating in a report on Monday, August 3rd. Finally, Mizuho increased their price target on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $170.89.

Entegris Stock Down 7.2%

ENTG stock opened at $134.92 on Friday. The stock has a market cap of $20.58 billion, a PE ratio of 67.80, a price-to-earnings-growth ratio of 1.24 and a beta of 1.35. The firm’s 50-day simple moving average is $145.39 and its 200 day simple moving average is $137.93. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94. The company has a quick ratio of 1.85, a current ratio of 3.05 and a debt-to-equity ratio of 0.83.

Entegris (NASDAQ:ENTG) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (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 during the quarter, compared to analyst estimates of $835.79 million. During the same period in the previous year, the business posted $0.66 EPS. Entegris’s revenue was up 11.5% on a year-over-year basis. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, sell-side analysts predict that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date was Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s payout ratio is currently 20.10%.

Insiders Place Their Bets

In other Entegris news, insider Olivier Blachier sold 2,000 shares of the business’s 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 completion of the transaction, the insider owned 34,997 shares in the company, valued at approximately $5,622,618.02. The trade was a 5.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president directly owned 50,297 shares in the company, valued at $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 11,547 shares of company stock valued at $1,786,207. 0.53% of the stock is owned by corporate insiders.

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.