Entegris, Inc. $ENTG Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lessened its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 2.0% during the 3rd quarter, Holdings Channel reports. The fund owned 354,435 shares of the semiconductor company’s stock after selling 7,137 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Entegris were worth $32,771,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. CIBC Bancorp USA Inc. purchased a new position in Entegris during the third quarter worth about $502,000. Captrust Financial Advisors grew its stake in shares of Entegris by 4.0% in the 3rd quarter. Captrust Financial Advisors now owns 21,478 shares of the semiconductor company’s stock valued at $1,986,000 after buying an additional 828 shares during the period. Coldstream Capital Management Inc. increased its holdings in shares of Entegris by 3.7% during the 3rd quarter. Coldstream Capital Management Inc. now owns 5,678 shares of the semiconductor company’s stock worth $525,000 after buying an additional 200 shares during the last quarter. Danske Bank A S acquired a new stake in shares of Entegris during the 3rd quarter worth approximately $6,611,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Entegris during the 3rd quarter valued at approximately $132,000.

Entegris Stock Performance

Shares of ENTG stock opened at $115.86 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.04 and a current ratio of 3.35. The firm has a market cap of $17.61 billion, a P/E ratio of 75.23, a P/E/G ratio of 2.17 and a beta of 1.30. The firm’s 50 day moving average price is $121.00 and its 200-day moving average price is $99.13. Entegris, Inc. has a one year low of $60.75 and a one year high of $142.50.

Entegris (NASDAQ:ENTG) last posted its earnings results 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. The firm had revenue of $823.90 million during the quarter, compared to the consensus estimate of $811.04 million. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The firm’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.84 EPS. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. As a group, equities research analysts predict that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Announces Dividend

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

Insider Transactions at Entegris

In related news, SVP Joseph Colella sold 1,580 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $131.49, for a total value of $207,754.20. Following the sale, the senior vice president owned 45,835 shares in the company, valued at approximately $6,026,844.15. The trade was a 3.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Linda Lagorga sold 11,438 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $135.00, for a total value of $1,544,130.00. Following the transaction, the chief financial officer directly owned 33,810 shares in the company, valued at approximately $4,564,350. The trade was a 25.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 226,074 shares of company stock worth $29,640,758. 0.67% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on ENTG shares. Citigroup upped their price objective on Entegris from $145.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Mizuho set a $150.00 target price on Entegris in a research note on Wednesday, February 11th. UBS Group restated a “buy” rating and issued a $150.00 target price on shares of Entegris in a research report on Monday, February 2nd. Needham & Company LLC reaffirmed a “strong-buy” rating on shares of Entegris in a research note on Tuesday, January 20th. Finally, KeyCorp increased their price target on Entegris from $111.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $133.78.

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.