Westfield Capital Management Co. LP Sells 85,248 Shares of Entegris, Inc. $ENTG

Westfield Capital Management Co. LP cut its stake in shares of Entegris, Inc. (NASDAQ:ENTG) by 15.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 460,440 shares of the semiconductor company’s stock after selling 85,248 shares during the quarter. Westfield Capital Management Co. LP’s holdings in Entegris were worth $42,572,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Verdence Capital Advisors LLC increased its holdings in Entegris by 2.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 4,817 shares of the semiconductor company’s stock worth $454,000 after purchasing an additional 126 shares during the period. First National Advisers LLC increased its stake in shares of Entegris by 0.5% during the second quarter. First National Advisers LLC now owns 28,895 shares of the semiconductor company’s stock valued at $2,330,000 after buying an additional 154 shares during the period. State of Michigan Retirement System raised its holdings in shares of Entegris by 0.6% in the second quarter. State of Michigan Retirement System now owns 36,400 shares of the semiconductor company’s stock valued at $2,936,000 after acquiring an additional 200 shares in the last quarter. SBI Securities Co. Ltd. lifted its stake in Entegris by 260.8% in 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 during the period. Finally, Welch & Forbes LLC grew its holdings in Entegris by 6.6% during the 3rd quarter. Welch & Forbes LLC now owns 3,659 shares of the semiconductor company’s stock worth $338,000 after acquiring an additional 225 shares in the last quarter.

Entegris Trading Down 3.7%

Shares of Entegris stock opened at $132.20 on Friday. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $142.50. The firm’s 50 day simple moving average is $111.88 and its two-hundred day simple moving average is $95.15. The company has a current ratio of 3.35, a quick ratio of 2.04 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $20.09 billion, a price-to-earnings ratio of 85.84, a PEG ratio of 2.58 and a beta of 1.33.

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

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th were paid a $0.10 dividend. The ex-dividend date was Wednesday, January 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Entegris’s dividend payout ratio is presently 25.97%.

Insider Activity at Entegris

In other Entegris news, Director James P. Lederer sold 2,008 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $92.84, for a total transaction of $186,422.72. Following the sale, the director directly owned 20,434 shares of the company’s stock, valued at approximately $1,897,092.56. This trade represents a 8.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 stock was sold at an average price of $120.00, for a total value of $699,600.00. Following the sale, the senior vice president directly owned 37,743 shares in the company, valued at approximately $4,529,160. This trade represents a 13.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 285,652 shares of company stock valued at $34,253,163 over the last ninety days. Corporate insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

ENTG has been the topic of several research reports. Citigroup lifted their price objective on shares of Entegris from $145.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Mizuho set a $150.00 price target on Entegris in a research report on Wednesday, February 11th. The Goldman Sachs Group raised their price objective on Entegris from $75.00 to $95.00 and gave the company a “sell” rating in a research report on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, December 29th. Finally, Needham & Company LLC reaffirmed a “strong-buy” rating on shares of Entegris in a research report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $133.78.

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.