CenterBook Partners LP Sells 59,843 Shares of Entegris, Inc. $ENTG

CenterBook Partners LP cut its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 83.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,716 shares of the semiconductor company’s stock after selling 59,843 shares during the quarter. CenterBook Partners LP’s holdings in Entegris were worth $1,083,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of ENTG. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Entegris during the 2nd quarter valued at approximately $25,000. ORG Wealth Partners LLC raised its holdings in Entegris by 862.1% during the 3rd quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 250 shares during the period. SBI Securities Co. Ltd. lifted its position in shares of Entegris by 260.8% during the third quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 206 shares in the last quarter. Quent Capital LLC bought a new position in shares of Entegris in the third quarter worth $34,000. Finally, Tripletail Wealth Management LLC purchased a new position in shares of Entegris in the third quarter valued at $49,000.

Insider Transactions at Entegris

In other news, insider Bertrand Loy sold 65,250 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $119.61, for a total value of $7,804,552.50. Following the completion of the transaction, the insider directly owned 306,422 shares in the company, valued at approximately $36,651,135.42. This represents a 17.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Clinton M. Haris sold 5,830 shares of the firm’s 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 transaction, the senior vice president directly owned 37,743 shares in the company, valued at approximately $4,529,160. This represents a 13.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 161,132 shares of company stock worth $17,097,985. 0.67% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. UBS Group reissued a “buy” rating and set a $150.00 price objective on shares of Entegris in a report on Monday, February 2nd. Zacks Research raised shares of Entegris from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. The Goldman Sachs Group boosted their price objective on shares of Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a research note on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. Finally, Mizuho set a $150.00 price target on shares of Entegris in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $133.78.

Entegris Trading Up 1.4%

Shares of 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 company 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 has a debt-to-equity ratio of 0.94, a current ratio of 3.35 and a quick ratio of 2.04. The firm’s 50 day simple moving average is $107.98 and its 200 day simple moving average is $93.42.

Entegris (NASDAQ:ENTG) last issued its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.03. The firm had revenue of $823.90 million for the quarter, compared to analyst estimates of $811.04 million. Entegris had a net margin of 7.37% and a return on equity of 10.87%. The business’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.84 EPS. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. Sell-side analysts forecast that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th were given a dividend of $0.10 per share. 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 (DPR) is presently 25.97%.

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.