Cantillon Capital Management LLC Sells 292,725 Shares of Entegris, Inc. $ENTG

Cantillon Capital Management LLC reduced its stake in Entegris, Inc. (NASDAQ:ENTG) by 11.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,166,428 shares of the semiconductor company’s stock after selling 292,725 shares during the quarter. Entegris makes up 1.7% of Cantillon Capital Management LLC’s investment portfolio, making the stock its 27th largest holding. Cantillon Capital Management LLC’s holdings in Entegris were worth $253,992,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Entegris by 0.3% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 31,400 shares of the semiconductor company’s stock worth $2,645,000 after acquiring an additional 100 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its holdings in shares of Entegris by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 33,918 shares of the semiconductor company’s stock valued at $2,858,000 after purchasing an additional 127 shares during the last quarter. Resona Asset Management Co. Ltd. raised its holdings in shares of Entegris by 0.3% in the first quarter. Resona Asset Management Co. Ltd. now owns 44,907 shares of the semiconductor company’s stock valued at $5,199,000 after purchasing an additional 128 shares during the last quarter. TD Private Client Wealth LLC lifted its position in shares of Entegris by 13.3% during the fourth quarter. TD Private Client Wealth LLC now owns 1,152 shares of the semiconductor company’s stock valued at $97,000 after purchasing an additional 135 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its position in shares of Entegris by 2.1% during the fourth quarter. CIBC Asset Management Inc now owns 6,698 shares of the semiconductor company’s stock valued at $564,000 after purchasing an additional 140 shares in the last quarter.

Insider Activity at Entegris

In related news, SVP Olivier Blachier sold 2,000 shares of Entegris stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $140.04, for a total value of $280,080.00. Following the sale, the senior vice president owned 34,897 shares of the company’s stock, valued at approximately $4,886,975.88. The trade was a 5.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Susan G. Rice sold 19,893 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $132.84, for a total value of $2,642,586.12. Following the completion of the transaction, the senior vice president owned 69,038 shares in the company, valued at approximately $9,171,007.92. The trade was a 22.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 44,466 shares of company stock worth $6,186,624 over the last 90 days. Corporate insiders own 0.53% of the company’s stock.

Entegris Price Performance

Shares of NASDAQ:ENTG opened at $138.74 on Monday. The company has a market capitalization of $21.16 billion, a P/E ratio of 80.20, a price-to-earnings-growth ratio of 1.62 and a beta of 1.31. The company’s 50-day moving average is $146.53 and its 200 day moving average is $131.42. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 3.21. Entegris, Inc. has a fifty-two week low of $67.97 and a fifty-two week high of $186.94.

Entegris (NASDAQ:ENTG) last posted its quarterly earnings data on Thursday, April 30th. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The business had revenue of $811.90 million during the quarter, compared to the consensus estimate of $808.72 million. Entegris had a net margin of 8.18% and a return on equity of 11.45%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.67 earnings per share. Entegris has set its Q2 2026 guidance at 0.760-0.840 EPS. On average, equities research analysts forecast that Entegris, Inc. will post 3.65 earnings per share for the current year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Wednesday, July 29th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, July 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. Entegris’s dividend payout ratio (DPR) is presently 23.12%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Needham & Company LLC upped their price objective on shares of Entegris from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Oppenheimer reissued an “outperform” rating and set a $160.00 target price on shares of Entegris in a research report on Friday, May 1st. Weiss Ratings upgraded Entegris from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Citigroup reaffirmed a “buy” rating on shares of Entegris in a report on Thursday, April 30th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 price target on shares of Entegris in a research report on Friday, May 1st. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Entegris presently has an average rating of “Moderate Buy” and a consensus price target of $164.22.

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.