CenterBook Partners LP Decreases Position in Entegris, Inc. $ENTG

CenterBook Partners LP cut its holdings in Entegris, Inc. (NASDAQ:ENTG) by 83.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,716 shares of the semiconductor company’s stock after selling 59,843 shares during the period. CenterBook Partners LP’s holdings in Entegris were worth $1,083,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Entegris in the second quarter worth about $25,000. ORG Wealth Partners LLC grew its position in Entegris by 862.1% during the 3rd quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 250 shares during the last quarter. SBI Securities Co. Ltd. increased its stake in Entegris by 260.8% in the 3rd quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 206 shares during the period. Quent Capital LLC bought a new stake in Entegris in the third quarter valued at approximately $34,000. Finally, Tripletail Wealth Management LLC purchased a new stake in shares of Entegris during the third quarter valued at approximately $49,000.

Insider Transactions at Entegris

In related news, SVP Clinton M. Haris sold 5,830 shares of the stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $120.00, for a total value of $699,600.00. Following the completion of the transaction, the senior vice president directly owned 37,743 shares in the company, valued at $4,529,160. This trade represents a 13.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Daniel D. Woodland sold 30,474 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $130.65, for a total transaction of $3,981,428.10. Following the sale, the senior vice president directly owned 46,904 shares in the company, valued at $6,128,007.60. The trade was a 39.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 161,132 shares of company stock worth $17,097,985. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

ENTG has been the topic of several analyst reports. The Goldman Sachs Group lifted their target price on shares of Entegris from $75.00 to $95.00 and gave the stock a “sell” rating in a research note on Wednesday, February 11th. UBS Group restated a “buy” rating and issued a $150.00 price objective on shares of Entegris in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft downgraded shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 price objective for the company. in a research note on Tuesday, February 3rd. BMO Capital Markets reissued an “outperform” rating and issued a $148.00 target price on shares of Entegris in a research note on Wednesday, February 11th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $133.78.

Entegris Price Performance

Shares of NASDAQ ENTG opened at $134.49 on Friday. Entegris, Inc. has a 1 year low of $60.75 and a 1 year high of $138.99. The stock has a market capitalization of $20.44 billion, a P/E ratio of 87.33, a P/E/G ratio of 2.49 and a beta of 1.33. The company’s 50-day moving average is $107.98 and its 200 day moving average is $93.42. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.35 and a quick ratio of 2.04.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.03. Entegris had a return on equity of 10.87% and a net margin of 7.37%.The business had revenue of $823.90 million for the quarter, compared to analysts’ expectations of $811.04 million. During the same period in the previous year, the firm posted $0.84 EPS. The business’s revenue was down 3.0% on a year-over-year basis. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. On average, sell-side analysts expect that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th were issued a $0.10 dividend. The ex-dividend date was Wednesday, January 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Entegris’s dividend payout ratio is 25.97%.

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.