K2 Principal Fund L.P. Invests $2.47 Million in Entegris, Inc. $ENTG

K2 Principal Fund L.P. bought a new position in shares of Entegris, Inc. (NASDAQ:ENTG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 13,739 shares of the semiconductor company’s stock, valued at approximately $2,471,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Entegris during the 4th quarter worth about $29,000. Millstone Evans Group LLC lifted its stake in shares of Entegris by 191.3% in the 1st quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 176 shares during the period. Johnson Financial Group Inc. boosted its position in shares of Entegris by 147.5% during the 4th 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 in the last quarter. First Horizon Corp boosted its position in shares of Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 178 shares in the last quarter. Finally, Elevated Capital Advisors LLC acquired a new stake in Entegris during the first quarter worth approximately $44,000.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ENTG shares. Zacks Research raised Entegris from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Wall Street Zen lowered shares of Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a report on Monday, August 3rd. 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 research note on Monday, July 6th. Finally, Mizuho increased their price objective on shares of Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $170.89.

Entegris Stock Performance

Shares of Entegris stock opened at $150.26 on Wednesday. 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 business has a 50 day moving average price of $147.82 and a 200-day moving average price of $136.70. The company has a market cap of $22.91 billion, a PE ratio of 75.51, a price-to-earnings-growth ratio of 1.49 and a beta of 1.35.

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

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, July 29th. Entegris’s dividend payout ratio (DPR) is presently 20.10%.

Insider Buying and Selling at Entegris

In other news, insider Olivier Blachier sold 2,000 shares of the business’s stock in a transaction that occurred on 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 owned 34,997 shares in the company, valued at $5,622,618.02. The trade was a 5.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Clinton M. Haris sold 6,848 shares of the 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 sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. The trade was a 11.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 18,395 shares of company stock valued at $2,808,134 in the last quarter. 0.53% of the stock is owned by company insiders.

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.