Hsbc Holdings PLC Purchases New Position in Entegris, Inc. $ENTG

Hsbc Holdings PLC purchased a new position in 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 purchased 74,841 shares of the semiconductor company’s stock, valued at approximately $13,404,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. 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 during the period. Squarepoint Ops LLC lifted its position 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 during the last quarter. Treasurer of the State of North Carolina boosted its stake 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 worth $5,647,000 after buying an additional 1,114 shares during the period. Alliancebernstein L.P. increased its position in Entegris by 3.8% during the second quarter. Alliancebernstein L.P. now owns 200,823 shares of the semiconductor company’s stock valued at $16,196,000 after acquiring an additional 7,292 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in shares of Entegris in the second quarter valued at $241,000.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research note on Monday, August 3rd. UBS Group raised their price target on Entegris from $205.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. The Goldman Sachs Group upgraded Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Finally, Freedom Capital raised Entegris to a “strong-buy” rating in a research report on Monday, August 3rd. Two equities research 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 MarketBeat, the stock has an average rating of “Buy” and an average price target of $170.89.

Insider Transactions at Entegris

In other news, insider Olivier Blachier sold 2,000 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $160.66, for a total value of $321,320.00. Following the transaction, the insider directly owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. This represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 3,569 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $143.59, for a total value of $512,472.71. Following the completion of the transaction, the director owned 18,277 shares of the company’s stock, valued at approximately $2,624,394.43. The trade was a 16.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 11,547 shares of company stock worth $1,786,207. Insiders own 0.53% of the company’s stock.

Entegris Stock Performance

ENTG opened at $145.31 on Friday. Entegris, Inc. has a 52-week low of $67.97 and a 52-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. The company has a market cap of $22.16 billion, a P/E ratio of 73.02, a price-to-earnings-growth ratio of 1.31 and a beta of 1.35. The firm’s 50-day moving average price is $146.27 and its 200-day moving average price is $137.95.

Entegris (NASDAQ:ENTG) last released its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.11. The company had revenue of $883.20 million during the quarter, compared to analysts’ expectations of $835.79 million. Entegris had a net margin of 9.18% and a return on equity of 12.25%. Entegris’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period last year, the business earned $0.66 EPS. Entegris has set its Q3 2026 guidance at 0.960-1.040 EPS. As a group, equities analysts anticipate that Entegris, Inc. will post 3.91 EPS for the current fiscal year.

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend 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%.

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.