44,869 Shares in Entegris, Inc. $ENTG Purchased by Robinhood Asset Management LLC

Robinhood Asset Management LLC bought a new stake in Entegris, Inc. (NASDAQ:ENTG) during the second quarter, HoldingsChannel.com reports. The fund bought 44,869 shares of the semiconductor company’s stock, valued at approximately $8,070,000.

Several other institutional investors have also recently bought and sold shares of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of Entegris by 0.3% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock worth $2,645,000 after acquiring an additional 100 shares in the last quarter. Parvin Asset Management LLC lifted its position in shares of Entegris by 19.2% in the first quarter. Parvin Asset Management LLC now owns 745 shares of the semiconductor company’s stock worth $87,000 after purchasing an additional 120 shares in the last quarter. Lido Advisors LLC lifted its position in shares of Entegris by 1.5% in the first quarter. Lido Advisors LLC now owns 8,542 shares of the semiconductor company’s stock worth $1,002,000 after purchasing an additional 125 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its holdings in Entegris by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock worth $2,858,000 after purchasing an additional 127 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. boosted its holdings in Entegris by 0.3% during the first quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock worth $5,199,000 after purchasing an additional 128 shares during the last quarter.

Entegris Price Performance

NASDAQ:ENTG opened at $143.66 on Friday. The stock has a market capitalization of $21.91 billion, a PE ratio of 72.19, a P/E/G ratio of 1.33 and a beta of 1.35. Entegris, Inc. has a 1-year low of $67.97 and a 1-year high of $186.94. The firm has a fifty day simple moving average of $147.98 and a 200 day simple moving average of $137.08. The company has a current ratio of 3.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.83.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.11. The firm had revenue of $883.20 million for the quarter, compared to analyst estimates of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.66 earnings per share. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. On average, research analysts expect that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, July 29th. Entegris’s dividend payout ratio is presently 20.10%.

Analysts Set New Price Targets

Several brokerages have issued reports on ENTG. Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Zacks Research upgraded shares of Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. BMO Capital Markets raised their price objective on Entegris from $153.00 to $167.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Freedom Capital raised Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Finally, Citigroup reiterated a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given 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.

Insider Buying and Selling

In other Entegris news, SVP Joseph Colella sold 3,916 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $164.48, for a total transaction of $644,103.68. Following the transaction, the senior vice president owned 50,297 shares of the company’s stock, valued at $8,272,850.56. The trade was a 7.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Clinton M. Haris sold 6,848 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $149.23, for a total value of $1,021,927.04. Following the completion of the sale, the senior vice president owned 54,961 shares in the company, valued at $8,201,830.03. This represents a 11.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 18,395 shares of company stock worth $2,808,134 in the last 90 days. 0.53% of the stock is owned by corporate 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.