Allstate Corp Buys New Shares in Entegris, Inc. $ENTG

Allstate Corp acquired a new stake in Entegris, Inc. (NASDAQ:ENTG) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,115 shares of the semiconductor company’s stock, valued at approximately $473,000.

Several other institutional investors have also recently made changes to their positions in the business. ORG Wealth Partners LLC lifted its position in Entegris by 862.1% in the third quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock worth $26,000 after buying an additional 250 shares during the last quarter. Alpine Bank Wealth Management raised its stake in shares of Entegris by 73.7% in the second quarter. Alpine Bank Wealth Management now owns 311 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 132 shares during the period. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Entegris in the 2nd quarter worth about $25,000. Quent Capital LLC purchased a new position in shares of Entegris during the 3rd quarter worth about $34,000. Finally, Tripletail Wealth Management LLC bought a new position in Entegris during the 3rd quarter valued at about $49,000.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ENTG. BMO Capital Markets increased their price target on Entegris from $105.00 to $126.00 and gave the stock an “outperform” rating in a research report on Wednesday. Zacks Research raised shares of Entegris from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 30th. The Goldman Sachs Group lowered shares of Entegris from a “neutral” rating to a “sell” rating and reduced their price target for the company from $88.00 to $75.00 in a report on Monday, December 15th. Needham & Company LLC reiterated a “strong-buy” rating on shares of Entegris in a research note on Tuesday. Finally, KeyCorp lifted their price objective on shares of Entegris from $107.00 to $111.00 and gave the company an “overweight” rating in a report on Friday, January 9th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Entegris has an average rating of “Hold” and a consensus target price of $105.63.

Entegris Trading Down 3.2%

NASDAQ:ENTG opened at $114.71 on Friday. The stock has a market capitalization of $17.39 billion, a price-to-earnings ratio of 60.69 and a beta of 1.31. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $122.43. The company has a quick ratio of 2.13, a current ratio of 3.44 and a debt-to-equity ratio of 0.99. The firm has a 50 day moving average of $90.61 and a 200 day moving average of $88.21.

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

Entegris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 18th. Investors of record on Wednesday, January 28th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is 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 21.16%.

Insider Transactions at Entegris

In other news, insider Bertrand Loy sold 57,570 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $76.88, for a total value of $4,425,981.60. Following the completion of the transaction, the insider owned 305,820 shares of the company’s stock, valued at $23,511,441.60. The trade was a 15.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Joseph Colella sold 3,577 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $88.41, for a total value of $316,242.57. Following the completion of the sale, the senior vice president owned 34,364 shares in the company, valued at $3,038,121.24. The trade was a 9.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 69,473 shares of company stock valued at $5,666,033 over the last quarter. Company insiders own 0.67% of the company’s stock.

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.