Cresset Asset Management LLC Boosts Stock Position in Entegris, Inc. $ENTG

Cresset Asset Management LLC lifted its position in shares of Entegris, Inc. (NASDAQ:ENTG) by 15.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 219,010 shares of the semiconductor company’s stock after buying an additional 28,632 shares during the quarter. Cresset Asset Management LLC’s holdings in Entegris were worth $20,250,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC increased its holdings in shares of Entegris by 862.1% during the 3rd 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. SBI Securities Co. Ltd. raised its holdings in shares of Entegris by 260.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 285 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 206 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Entegris during the second quarter valued at approximately $25,000. Quent Capital LLC acquired a new position in Entegris in the 3rd quarter worth $34,000. Finally, Tripletail Wealth Management LLC acquired a new position in shares of Entegris in the third quarter worth about $49,000.

Insider Buying and Selling

In related news, insider Bertrand Loy sold 50,322 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $137.41, for a total value of $6,914,746.02. Following the transaction, the insider directly owned 217,767 shares of the company’s stock, valued at approximately $29,923,363.47. This trade represents a 18.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Linda Lagorga sold 11,438 shares of Entegris stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $135.00, for a total transaction of $1,544,130.00. Following the completion of the transaction, the chief financial officer directly owned 33,810 shares in the company, valued at approximately $4,564,350. This represents a 25.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 228,082 shares of company stock valued at $29,827,181. 0.67% of the stock is owned by company insiders.

Entegris Stock Up 1.7%

NASDAQ:ENTG opened at $129.00 on Thursday. The business’s fifty day moving average price is $115.56 and its 200 day moving average price is $96.80. 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 $19.61 billion, a price-to-earnings ratio of 83.77, a PEG ratio of 2.38 and a beta of 1.30. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $142.50.

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

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Wednesday, January 28th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, January 28th. Entegris’s payout ratio is currently 25.97%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ENTG shares. UBS Group reaffirmed a “buy” rating and issued a $150.00 price target on shares of Entegris in a report on Monday, February 2nd. Needham & Company LLC reiterated a “strong-buy” rating on shares of Entegris in a research note on Tuesday, January 20th. BMO Capital Markets reiterated an “outperform” rating and set a $148.00 price objective on shares of Entegris in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft downgraded shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 price objective for the company. in a report on Tuesday, February 3rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Entegris in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $133.78.

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.