Tensor Edge Capital LLC Acquires New Position in Entegris, Inc. $ENTG

Tensor Edge Capital LLC acquired a new stake in Entegris, Inc. (NASDAQ:ENTG) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 129,100 shares of the semiconductor company’s stock, valued at approximately $15,136,000. Entegris accounts for approximately 2.6% of Tensor Edge Capital LLC’s holdings, making the stock its 13th largest position.

A number of other hedge funds have also added to or reduced their stakes in ENTG. Capital Research Global Investors bought a new stake in shares of Entegris during the third quarter valued at approximately $644,841,000. Van ECK Associates Corp grew its stake in Entegris by 1,721.7% in the third quarter. Van ECK Associates Corp now owns 2,173,165 shares of the semiconductor company’s stock worth $200,931,000 after purchasing an additional 2,053,869 shares in the last quarter. Invesco Ltd. grew its stake in Entegris by 183.5% in the third quarter. Invesco Ltd. now owns 3,167,857 shares of the semiconductor company’s stock worth $292,900,000 after purchasing an additional 2,050,473 shares in the last quarter. Norges Bank bought a new position in Entegris in the fourth quarter worth approximately $158,669,000. Finally, Duquesne Family Office LLC purchased a new position in Entegris during the 2nd quarter worth $132,741,000.

Entegris Stock Performance

Shares of ENTG stock opened at $146.66 on Friday. The firm has a market cap of $22.37 billion, a price-to-earnings ratio of 84.77, a PEG ratio of 1.82 and a beta of 1.31. 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 2.05, a current ratio of 3.21 and a debt-to-equity ratio of 0.91. The company’s 50 day moving average is $148.53 and its 200 day moving average is $127.33.

Entegris (NASDAQ:ENTG) last posted its earnings results on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The company had revenue of $811.90 million during the quarter, compared to analyst estimates of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.Entegris’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, sell-side analysts anticipate that Entegris, Inc. will post 3.6 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Wednesday, April 29th were paid 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 was Wednesday, April 29th. Entegris’s dividend payout ratio is 23.12%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on ENTG shares. Wall Street Zen lowered Entegris from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. UBS Group increased their price target on Entegris from $185.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Mizuho raised their price target on Entegris from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday. Oppenheimer restated an “outperform” rating and issued a $160.00 price objective on shares of Entegris in a report on Friday, May 1st. Finally, Citigroup reaffirmed a “buy” rating on shares of Entegris in a research note on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Entegris has a consensus rating of “Moderate Buy” and an average target price of $156.56.

Insider Activity at Entegris

In other Entegris news, SVP Susan G. Rice sold 19,893 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $132.84, for a total value of $2,642,586.12. Following the completion of the transaction, the senior vice president directly owned 69,038 shares in the company, valued at approximately $9,171,007.92. The trade was a 22.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James P. Lederer sold 3,569 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $143.59, for a total transaction of $512,472.71. Following the sale, the director directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 107,867 shares of company stock valued at $15,215,629 over the last 90 days. Company insiders own 0.53% of the company’s stock.

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.