355,538 Shares in Entegris, Inc. $ENTG Acquired by DSM Capital Partners LLC

DSM Capital Partners LLC acquired a new stake in Entegris, Inc. (NASDAQ:ENTG) in the first quarter, Holdings Channel.com reports. The firm acquired 355,538 shares of the semiconductor company’s stock, valued at approximately $41,683,000. Entegris makes up approximately 0.7% of DSM Capital Partners LLC’s portfolio, making the stock its 25th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Oregon Public Employees Retirement Fund lifted its position in shares of Entegris by 3.0% during the first quarter. Oregon Public Employees Retirement Fund now owns 31,188 shares of the semiconductor company’s stock worth $3,656,000 after acquiring an additional 900 shares in the last quarter. Sage Rhino Capital LLC bought a new position in shares of Entegris in the first quarter worth $203,000. Praxis Investment Management Inc. grew its position in shares of Entegris by 20.3% in the first quarter. Praxis Investment Management Inc. now owns 4,198 shares of the semiconductor company’s stock valued at $492,000 after purchasing an additional 708 shares in the last quarter. QRG Capital Management Inc. grew its position in shares of Entegris by 20.4% in the first quarter. QRG Capital Management Inc. now owns 12,585 shares of the semiconductor company’s stock valued at $1,476,000 after purchasing an additional 2,130 shares in the last quarter. Finally, Tensor Edge Capital LLC bought a new stake in shares of Entegris during the 1st quarter valued at $15,136,000.

Insider Activity

In related news, SVP Clinton M. Haris sold 6,848 shares of the stock in a transaction 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 transaction, the senior vice president owned 54,961 shares of the company’s stock, valued at approximately $8,201,830.03. This trade represents a 11.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bertrand Loy sold 44,138 shares of Entegris stock in a transaction on Friday, April 17th. The stock was sold at an average price of $144.41, for a total transaction of $6,373,968.58. Following the completion of the transaction, the insider owned 227,527 shares in the company, valued at approximately $32,857,174.07. The trade was a 16.25% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 106,000 shares of company stock valued at $14,999,860. Insiders own 0.53% of the company’s stock.

Wall Street Analyst Weigh In

ENTG has been the topic of a number of recent research reports. Mizuho increased their price objective on Entegris from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Zacks Research cut Entegris from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Weiss Ratings raised shares of Entegris from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Entegris from $145.00 to $155.00 and gave the company a “hold” rating in a research report on Monday. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $160.00 price objective on shares of Entegris in a research note on Friday, May 1st. Seven equities 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $164.22.

Entegris Price Performance

ENTG opened at $138.71 on Thursday. The stock has a 50-day moving average price of $147.67 and a 200-day moving average price of $128.73. Entegris, Inc. has a 12-month low of $67.97 and a 12-month high of $186.94. The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $21.15 billion, a P/E ratio of 80.18, a PEG ratio of 1.58 and a beta of 1.31.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. The company had revenue of $811.90 million for the quarter, compared to analysts’ expectations of $808.72 million. Entegris had a return on equity of 11.45% and a net margin of 8.18%.Entegris’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted $0.67 EPS. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. Equities analysts predict that Entegris, Inc. will post 3.63 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, April 29th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is 23.12%.

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.