Cantillon Capital Management LLC Sells 26,054 Shares of Entegris, Inc. $ENTG

Cantillon Capital Management LLC cut its stake in Entegris, Inc. (NASDAQ:ENTG) by 1.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,439,719 shares of the semiconductor company’s stock after selling 26,054 shares during the quarter. Cantillon Capital Management LLC owned about 1.61% of Entegris worth $225,576,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Primecap Management Co. CA raised its stake in Entegris by 12.0% in the second quarter. Primecap Management Co. CA now owns 3,065,170 shares of the semiconductor company’s stock worth $247,206,000 after buying an additional 329,306 shares in the last quarter. Durable Capital Partners LP grew its holdings in shares of Entegris by 4.9% during the 2nd quarter. Durable Capital Partners LP now owns 3,055,914 shares of the semiconductor company’s stock worth $246,459,000 after acquiring an additional 141,497 shares during the period. Bank of America Corp DE raised its position in shares of Entegris by 31.2% in the 2nd quarter. Bank of America Corp DE now owns 3,031,048 shares of the semiconductor company’s stock worth $244,454,000 after acquiring an additional 720,467 shares in the last quarter. Norges Bank purchased a new position in shares of Entegris in the 2nd quarter valued at approximately $211,786,000. Finally, Rafferty Asset Management LLC boosted its position in shares of Entegris by 64.4% during the second quarter. Rafferty Asset Management LLC now owns 1,970,734 shares of the semiconductor company’s stock valued at $158,940,000 after purchasing an additional 771,650 shares in the last quarter.

Entegris Stock Down 1.0%

NASDAQ:ENTG opened at $118.52 on Friday. The firm has a 50-day simple moving average of $89.88 and a two-hundred day simple moving average of $87.99. The firm has a market cap of $17.97 billion, a P/E ratio of 62.71 and a beta of 1.31. Entegris, Inc. has a fifty-two week low of $60.75 and a fifty-two week high of $122.44. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.13 and a current ratio of 3.44.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $0.72 EPS for the quarter, meeting analysts’ consensus estimates of $0.72. The firm had revenue of $807.10 million for the quarter, compared to analysts’ expectations of $804.63 million. Entegris had a net margin of 8.95% and a return on equity of 11.61%. The business’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.77 earnings per share. Entegris has set its Q4 2025 guidance at 0.620-0.690 EPS. Analysts predict that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th will be issued 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, January 28th. Entegris’s dividend payout ratio is presently 21.16%.

Insider Activity

In related news, SVP Clinton M. Haris sold 5,830 shares of Entegris stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $120.00, for a total value of $699,600.00. Following the completion of the sale, the senior vice president directly owned 37,743 shares in the company, valued at approximately $4,529,160. This trade represents a 13.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Olivier Blachier sold 488 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $77.43, for a total transaction of $37,785.84. Following the transaction, the senior vice president owned 14,124 shares in the company, valued at $1,093,621.32. This represents a 3.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 69,473 shares of company stock valued at $5,666,033. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ENTG shares. The Goldman Sachs Group downgraded Entegris from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $88.00 to $75.00 in a report on Monday, December 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research report on Monday, December 29th. Zacks Research raised shares of Entegris from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 30th. Mizuho cut their price objective on shares of Entegris from $108.00 to $96.00 and set an “outperform” rating on the stock in a report on Thursday, November 20th. Finally, BMO Capital Markets lifted their target price on shares of Entegris from $105.00 to $126.00 and gave the company an “outperform” rating in a report on Wednesday. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $105.63.

Entegris Company 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.