Caden Capital Partners LP lessened its holdings in Entegris, Inc. (NASDAQ:ENTG – Free Report) by 68.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 110,000 shares of the semiconductor company’s stock after selling 242,964 shares during the period. Entegris comprises approximately 4.1% of Caden Capital Partners LP’s holdings, making the stock its 8th biggest position. Caden Capital Partners LP’s holdings in Entegris were worth $10,171,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the business. Truist Financial Corp increased its stake in shares of Entegris by 21.3% in the 3rd quarter. Truist Financial Corp now owns 63,312 shares of the semiconductor company’s stock worth $5,854,000 after purchasing an additional 11,119 shares in the last quarter. Principal Financial Group Inc. lifted its position in Entegris by 10.1% during the third quarter. Principal Financial Group Inc. now owns 5,876,271 shares of the semiconductor company’s stock valued at $543,325,000 after purchasing an additional 540,755 shares in the last quarter. Mediolanum International Funds Ltd purchased a new position in Entegris during the third quarter valued at $12,093,000. Congress Asset Management Co. grew its holdings in Entegris by 17.9% during the third quarter. Congress Asset Management Co. now owns 182,906 shares of the semiconductor company’s stock valued at $16,912,000 after purchasing an additional 27,813 shares during the period. Finally, iA Global Asset Management Inc. bought a new stake in Entegris during the third quarter valued at about $7,619,000.
Insider Activity at Entegris
In related news, SVP Olivier Blachier sold 1,664 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $131.49, for a total transaction of $218,799.36. Following the completion of the transaction, the senior vice president directly owned 29,497 shares of the company’s stock, valued at approximately $3,878,560.53. This trade represents a 5.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Linda Lagorga sold 11,438 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $135.00, for a total transaction of $1,544,130.00. Following the completion of the sale, the chief financial officer owned 33,810 shares in the company, valued at approximately $4,564,350. The trade was a 25.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 226,074 shares of company stock valued at $29,640,758 in the last ninety days. Corporate insiders own 0.67% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on ENTG
Entegris Stock Performance
NASDAQ ENTG opened at $108.28 on Friday. The company has a quick ratio of 2.04, a current ratio of 3.35 and a debt-to-equity ratio of 0.94. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $142.50. The business has a 50-day moving average price of $119.62 and a 200-day moving average price of $98.37. The firm has a market cap of $16.46 billion, a price-to-earnings ratio of 70.31, a price-to-earnings-growth ratio of 2.03 and a beta of 1.30.
Entegris (NASDAQ:ENTG – Get Free Report) last posted 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. Entegris had a return on equity of 10.87% and a net margin of 7.37%.The company had revenue of $823.90 million for the quarter, compared to analysts’ expectations of $811.04 million. During the same period in the previous year, the firm earned $0.84 EPS. The firm’s revenue was down 3.0% compared to the same quarter last year. 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 fiscal year.
Entegris Announces Dividend
The business also recently announced 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 dividend yield of 0.4%. Entegris’s dividend payout ratio is currently 25.97%.
Entegris Company 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.
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