Mitsubishi UFJ Asset Management Co. Ltd. Buys Shares of 178,536 Entegris, Inc. $ENTG

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 178,536 shares of the semiconductor company’s stock, valued at approximately $32,111,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.12% of Entegris as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Entegris during the fourth quarter valued at approximately $29,000. Millstone Evans Group LLC raised its position in Entegris by 191.3% in the first quarter. Millstone Evans Group LLC now owns 268 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 176 shares during the period. Johnson Financial Group Inc. boosted its stake 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 worth $33,000 after acquiring an additional 236 shares during the last quarter. First Horizon Corp boosted its stake in shares of Entegris by 147.1% during the 1st quarter. First Horizon Corp now owns 299 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 178 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in shares of Entegris during the 1st quarter valued at $44,000.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ENTG shares. The Goldman Sachs Group raised Entegris from a “sell” rating to a “buy” rating in a report on Wednesday, August 12th. Zacks Research upgraded Entegris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Oppenheimer reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. UBS Group lifted their price objective on Entegris from $205.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen downgraded Entegris from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Entegris has a consensus rating of “Buy” and a consensus target price of $170.89.

Insider Activity at Entegris

In other Entegris news, 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 transaction of $1,021,927.04. Following the completion of the sale, the senior vice president directly owned 54,961 shares of the company’s stock, valued at $8,201,830.03. This trade represents a 11.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan G. Rice sold 2,062 shares of Entegris stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $149.52, for a total transaction of $308,310.24. Following the sale, the senior vice president owned 66,976 shares in the company, valued at approximately $10,014,251.52. The trade was a 2.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 18,395 shares of company stock worth $2,808,134 in the last three months. Corporate insiders own 0.53% of the company’s stock.

Entegris Stock Up 0.2%

ENTG opened at $144.63 on Friday. The stock has a market cap of $22.06 billion, a price-to-earnings ratio of 72.68, a price-to-earnings-growth ratio of 1.33 and a beta of 1.35. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.85 and a current ratio of 3.05. The firm’s fifty day moving average is $148.12 and its 200 day moving average is $137.04. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94.

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

Entegris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors 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 dividend payout ratio (DPR) is currently 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.