CIBC Private Wealth Group LLC Lowers Stake in Entegris, Inc. $ENTG

CIBC Private Wealth Group LLC lessened its holdings in Entegris, Inc. (NASDAQ:ENTG) by 2.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 354,435 shares of the semiconductor company’s stock after selling 7,137 shares during the period. CIBC Private Wealth Group LLC owned about 0.23% of Entegris worth $32,771,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Verdence Capital Advisors LLC grew its holdings in Entegris by 2.7% in the third quarter. Verdence Capital Advisors LLC now owns 4,817 shares of the semiconductor company’s stock valued at $454,000 after purchasing an additional 126 shares during the period. National Bank of Canada FI increased its position in shares of Entegris by 7.5% in the third quarter. National Bank of Canada FI now owns 2,154 shares of the semiconductor company’s stock valued at $199,000 after buying an additional 151 shares in the last quarter. First National Advisers LLC raised its stake in shares of Entegris by 0.5% during the 2nd quarter. First National Advisers LLC now owns 28,895 shares of the semiconductor company’s stock worth $2,330,000 after buying an additional 154 shares during the period. Argent Trust Co raised its stake in shares of Entegris by 2.7% during the 3rd quarter. Argent Trust Co now owns 7,000 shares of the semiconductor company’s stock worth $647,000 after buying an additional 184 shares during the period. Finally, Blair William & Co. IL lifted its position in shares of Entegris by 1.9% during the 3rd quarter. Blair William & Co. IL now owns 10,121 shares of the semiconductor company’s stock valued at $936,000 after buying an additional 187 shares in the last quarter.

Insider Activity at Entegris

In other Entegris news, SVP Daniel D. Woodland sold 30,474 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $130.65, for a total value of $3,981,428.10. Following the completion of the sale, the senior vice president owned 46,904 shares in the company, valued at approximately $6,128,007.60. This represents a 39.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bertrand Loy sold 50,322 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $137.41, for a total transaction of $6,914,746.02. Following the completion of the sale, the insider owned 217,767 shares of the company’s stock, valued at approximately $29,923,363.47. The trade was a 18.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 226,074 shares of company stock worth $29,640,758 in the last 90 days. 0.67% of the stock is owned by insiders.

Wall Street Analyst Weigh In

ENTG has been the topic of a number of research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. The Goldman Sachs Group upped their price objective on shares of Entegris from $75.00 to $95.00 and gave the stock a “sell” rating in a research report on Wednesday, February 11th. BMO Capital Markets reaffirmed an “outperform” rating and set a $148.00 price objective on shares of Entegris in a report on Wednesday, February 11th. Needham & Company LLC reiterated a “strong-buy” rating on shares of Entegris in a research report on Tuesday, January 20th. Finally, UBS Group reissued a “buy” rating and set a $150.00 target price on shares of Entegris in a research note on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $133.78.

Entegris Stock Up 0.2%

NASDAQ ENTG opened at $115.86 on Friday. The business has a fifty day moving average price of $121.00 and a 200 day moving average price of $99.13. 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 company 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. Entegris, Inc. has a one year low of $60.75 and a one year high of $142.50.

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

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Investors 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 payout ratio is presently 25.97%.

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.