Cinctive Capital Management LP Buys Shares of 119,932 Entegris, Inc. $ENTG

Cinctive Capital Management LP purchased a new stake in Entegris, Inc. (NASDAQ:ENTG) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 119,932 shares of the semiconductor company’s stock, valued at approximately $11,089,000. Cinctive Capital Management LP owned about 0.08% of Entegris as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Entegris during the 2nd quarter worth $25,000. Ameriflex Group Inc. bought a new position in Entegris in the third quarter valued at about $25,000. ORG Wealth Partners LLC raised its stake in Entegris by 862.1% during the third quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 250 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in Entegris by 260.8% during 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 in the last quarter. Finally, Quent Capital LLC bought a new position in shares of Entegris in the third quarter worth about $34,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Needham & Company LLC restated a “strong-buy” rating on shares of Entegris in a research note on Tuesday, January 20th. UBS Group reiterated a “buy” rating and set a $150.00 price objective on shares of Entegris in a research report on Monday, February 2nd. KeyCorp increased their price objective on shares of Entegris from $111.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft lowered shares of Entegris from a “buy” rating to a “hold” rating and set a $105.00 target price on the stock. in a research report on Tuesday, February 3rd. Finally, The Goldman Sachs Group boosted their target price on shares of Entegris from $75.00 to $95.00 and gave the stock a “sell” rating in a research note on Wednesday, February 11th. One equities research 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 issued a Sell rating to the stock. According to data from MarketBeat, Entegris has an average rating of “Moderate Buy” and a consensus price target of $133.78.

Entegris Stock Performance

NASDAQ:ENTG opened at $108.28 on Friday. The stock has a market cap of $16.46 billion, a P/E ratio of 70.31, a price-to-earnings-growth ratio of 2.03 and a beta of 1.30. 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 stock’s 50-day moving average is $119.62 and its 200-day moving average is $98.37. Entegris, Inc. has a 1-year low of $60.75 and a 1-year high of $142.50.

Entegris (NASDAQ:ENTG) last released its quarterly earnings data 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. The company had revenue of $823.90 million during the quarter, compared to the consensus estimate of $811.04 million. Entegris had a return on equity of 10.87% and a net margin of 7.37%.The firm’s revenue was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.84 earnings per share. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. Equities research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Wednesday, January 28th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.4%. The ex-dividend date was Wednesday, January 28th. Entegris’s dividend payout ratio is 25.97%.

Insider Activity

In related news, SVP Clinton M. Haris sold 5,830 shares of the stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $120.00, for a total value of $699,600.00. Following the completion of the sale, the senior vice president directly owned 37,743 shares in the company, valued at $4,529,160. This represents a 13.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Linda Lagorga sold 11,438 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $135.00, for a total value of $1,544,130.00. Following the transaction, the chief financial officer directly owned 33,810 shares of the company’s stock, valued at approximately $4,564,350. This represents a 25.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 226,074 shares of company stock valued at $29,640,758. 0.67% of the stock is currently owned by company insiders.

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.