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

Key Points

• Cresset Asset Management LLC increased its stake in Entegris (NASDAQ:ENTG) by 15.0% to 219,010 shares, worth about $20.25 million at quarter-end.
• Entegris beat quarterly estimates with $0.70 EPS and $823.9M revenue (revenue down 3% YoY) and set Q1 2026 guidance of $0.700–0.780 EPS; the stock trades at a high P/E (~83.8) with a market cap near $19.6B.
• Insider selling has been heavy, with 228,082 shares sold (~$29.8M) in the last 90 days, including Bertrand Loy’s sale of 50,322 shares, leaving insiders owning about 0.67% of the company.

Cresset Asset Management LLC grew its position in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 15.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 219,010 shares of the semiconductor company's stock after purchasing an additional 28,632 shares during the period. Cresset Asset Management LLC owned approximately 0.14% of Entegris worth $20,250,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ENTG. ORG Wealth Partners LLC lifted its holdings in shares of Entegris by 862.1% in the 3rd quarter. ORG Wealth Partners LLC now owns 279 shares of the semiconductor company's stock valued at $26,000 after buying an additional 250 shares during the period. SBI Securities Co. Ltd. raised its position 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 during the period. Twin Peaks Wealth Advisors LLC purchased a new position in Entegris in the 2nd quarter valued at about $25,000. Quent Capital LLC purchased a new position in shares of Entegris in the third quarter valued at approximately $34,000. Finally, Tripletail Wealth Management LLC acquired a new stake in Entegris during the 3rd quarter worth $49,000.

Entegris Stock Up 1.7%

ENTG opened at $129.00 on Thursday. The company has a quick ratio of 2.04, a current ratio of 3.35 and a debt-to-equity ratio of 0.94. The business has a 50 day moving average price of $115.56 and a two-hundred day moving average price of $96.80. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $142.50. The company has a market cap of $19.61 billion, a PE ratio of 83.77, a P/E/G ratio of 2.38 and a beta of 1.30.

Entegris (NASDAQ:ENTG - Get Free Report) last announced 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 for the quarter, compared to analysts' expectations of $811.04 million. Entegris had a net margin of 7.37% and a return on equity of 10.87%. Entegris's revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.84 EPS. Entegris has set its Q1 2026 guidance at 0.700-0.780 EPS. As a group, research analysts anticipate that Entegris, Inc. will post 3.51 EPS for the current year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Investors 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 payout ratio is 25.97%.

Analyst Upgrades and Downgrades

ENTG has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft cut Entegris from a "buy" rating to a "hold" rating and set a $105.00 target price for the company. in a report on Tuesday, February 3rd. Weiss Ratings reissued a "hold (c)" rating on shares of Entegris in a research note on Monday, December 29th. Needham & Company LLC reissued a "strong-buy" rating on shares of Entegris in a research report on Tuesday, January 20th. KeyCorp upped their target price on shares of Entegris from $111.00 to $156.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 11th. Finally, Mizuho set a $150.00 price target on Entegris in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $133.78.

Insider Activity at Entegris

In related news, insider Bertrand Loy sold 50,322 shares of the firm's stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $137.41, for a total value of $6,914,746.02. Following the completion of the sale, the insider owned 217,767 shares in the company, valued at $29,923,363.47. This trade represents a 18.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Olivier Blachier sold 1,664 shares of the company's stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $131.49, for a total transaction of $218,799.36. Following the transaction, the senior vice president owned 29,497 shares in the company, valued at $3,878,560.53. The trade was a 5.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 228,082 shares of company stock worth $29,827,181. 0.67% of the stock is currently owned by 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.

Want to see what other hedge funds are holding ENTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegris, Inc. (NASDAQ:ENTG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.