Meiji Yasuda Asset Management Co Ltd. Invests $697,000 in Entegris, Inc. $ENTG

Meiji Yasuda Asset Management Co Ltd. purchased a new stake in shares of Entegris, Inc. (NASDAQ:ENTG) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,876 shares of the semiconductor company’s stock, valued at approximately $697,000.

Several other institutional investors also recently modified their holdings of the business. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Entegris in the 2nd quarter worth about $486,101,000. Bank of Nova Scotia bought a new position in Entegris during the 2nd quarter valued at about $12,075,000. Compass Financial Management LLC purchased a new stake in shares of Entegris during the 2nd quarter valued at about $285,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Entegris during the 2nd quarter valued at about $774,000. Finally, Commerce Bank bought a new stake in shares of Entegris in the second quarter worth approximately $2,130,000.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Entegris from a “hold” rating to a “buy” rating and boosted their price objective for the company from $152.00 to $200.00 in a report on Wednesday, August 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research report on Monday, August 3rd. Mizuho lifted their target price 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. Freedom Capital upgraded shares of Entegris to a “strong-buy” rating in a research note on Monday, August 3rd. Finally, Wall Street Zen cut Entegris from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $170.89.

Insider Buying and Selling

In related news, insider Olivier Blachier sold 2,000 shares of the firm’s stock in a transaction 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 directly owned 34,997 shares of the company’s stock, valued at approximately $5,622,618.02. This trade represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Colella sold 3,916 shares of Entegris stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $164.48, for a total value of $644,103.68. Following the transaction, the senior vice president owned 50,297 shares in the company, valued at $8,272,850.56. This trade represents a 7.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 11,547 shares of company stock valued at $1,786,207 in the last 90 days. 0.53% of the stock is owned by company insiders.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $138.87 on Wednesday. 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 stock has a market capitalization of $21.18 billion, a PE ratio of 69.78, a price-to-earnings-growth ratio of 1.27 and a beta of 1.35. The firm’s 50 day moving average price is $147.24 and its 200-day moving average price is $137.57. Entegris, Inc. has a twelve month low of $67.97 and a twelve month high of $186.94.

Entegris (NASDAQ:ENTG) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.11. Entegris had a net margin of 9.18% and a return on equity of 12.25%. The company had revenue of $883.20 million during the quarter, compared to analyst estimates of $835.79 million. During the same period in the previous year, the business posted $0.66 earnings per share. The firm’s quarterly 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 research analysts expect that Entegris, Inc. will post 3.91 EPS for the current year.

Entegris Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 29th. Entegris’s dividend payout ratio is 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.