Cinctive Capital Management LP Invests $11.09 Million in Entegris, Inc. $ENTG

Cinctive Capital Management LP acquired a new position in Entegris, Inc. (NASDAQ:ENTG) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 119,932 shares of the semiconductor company’s stock, valued at approximately $11,089,000.

Several other institutional investors have also added to or reduced their stakes in ENTG. Savant Capital LLC raised its holdings in Entegris by 13.2% during the 2nd quarter. Savant Capital LLC now owns 3,696 shares of the semiconductor company’s stock worth $298,000 after purchasing an additional 431 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in shares of Entegris in the 2nd quarter valued at $599,000. Forsta AP Fonden boosted its stake in shares of Entegris by 3.3% in the 2nd quarter. Forsta AP Fonden now owns 28,400 shares of the semiconductor company’s stock valued at $2,290,000 after purchasing an additional 900 shares during the last quarter. Police & Firemen s Retirement System of New Jersey increased its position in shares of Entegris by 4.4% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 22,796 shares of the semiconductor company’s stock worth $1,838,000 after buying an additional 951 shares during the period. Finally, ABN Amro Investment Solutions acquired a new stake in shares of Entegris during the second quarter worth $2,897,000.

Insiders Place Their Bets

In related news, insider Bertrand Loy sold 50,322 shares of the company’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 transaction 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 represents a 18.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Joseph Colella sold 1,580 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $131.49, for a total value of $207,754.20. Following the completion of the transaction, the senior vice president owned 45,835 shares in the company, valued at approximately $6,026,844.15. The trade was a 3.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 226,074 shares of company stock worth $29,640,758 over the last three months. Insiders own 0.67% of the company’s stock.

Entegris Stock Down 1.5%

Shares of NASDAQ ENTG opened at $108.28 on Friday. The firm has a market cap of $16.46 billion, a PE ratio of 70.31, a P/E/G ratio of 2.03 and a beta of 1.30. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $142.50. The company’s fifty day simple moving average is $119.62 and its 200 day simple moving average is $98.37. 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 (NASDAQ:ENTG) last posted its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $0.70 earnings per share for the quarter, beating 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 firm had revenue of $823.90 million during the quarter, compared to the consensus estimate of $811.04 million. During the same period in the previous year, the firm posted $0.84 earnings per share. The business’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, 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 announced a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Wednesday, January 28th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, January 28th. Entegris’s payout ratio is presently 25.97%.

Wall Street Analyst Weigh In

ENTG has been the topic of several recent analyst reports. UBS Group restated a “buy” rating and issued a $150.00 target price on shares of Entegris in a report on Monday, February 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Entegris in a report on Monday, December 29th. Citigroup lifted their price objective on Entegris from $145.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Mizuho set a $150.00 price objective on Entegris in a research note on Wednesday, February 11th. Finally, Needham & Company LLC restated 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 given 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 company presently has an average rating of “Moderate Buy” and a consensus price target 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.