Curi RMB Capital LLC Trims Position in Entegris, Inc. $ENTG

Key Points

• Curi RMB Capital LLC has reduced its holdings in Entegris, Inc. by 33%, selling 74,975 shares, and now owns approximately 0.10% of the company valued at about $13.3 million.
• Multiple hedge funds increased their positions in Entegris, with Principal Financial Group Inc. boosting its stake by 235.8%, acquiring over 3.5 million shares valued at around $438.6 million during the first quarter.
• Entegris recently reported Q2 earnings that exceeded analysts' expectations, with an EPS of $0.66 against a forecast of $0.65 and revenue of $792.4 million, compared to an expected $753.85 million.

Curi RMB Capital LLC lessened its holdings in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 33.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 152,071 shares of the semiconductor company's stock after selling 74,975 shares during the period. Curi RMB Capital LLC owned approximately 0.10% of Entegris worth $13,303,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Personal CFO Solutions LLC grew its position in Entegris by 6.0% in the 1st quarter. Personal CFO Solutions LLC now owns 2,466 shares of the semiconductor company's stock valued at $216,000 after acquiring an additional 140 shares during the last quarter. MAI Capital Management grew its holdings in shares of Entegris by 19.7% in the first quarter. MAI Capital Management now owns 864 shares of the semiconductor company's stock worth $76,000 after purchasing an additional 142 shares during the last quarter. First Hawaiian Bank grew its holdings in shares of Entegris by 0.9% in the first quarter. First Hawaiian Bank now owns 15,786 shares of the semiconductor company's stock worth $1,381,000 after purchasing an additional 143 shares during the last quarter. Ensign Peak Advisors Inc increased its stake in Entegris by 0.3% in the 4th quarter. Ensign Peak Advisors Inc now owns 53,230 shares of the semiconductor company's stock worth $5,273,000 after buying an additional 150 shares during the period. Finally, Landscape Capital Management L.L.C. lifted its holdings in Entegris by 7.5% during the 1st quarter. Landscape Capital Management L.L.C. now owns 2,345 shares of the semiconductor company's stock valued at $205,000 after buying an additional 164 shares in the last quarter.

Entegris Stock Up 0.2%

ENTG traded up $0.16 on Monday, hitting $82.14. The company had a trading volume of 1,247,083 shares, compared to its average volume of 3,259,887. The stock has a market capitalization of $12.45 billion, a price-to-earnings ratio of 42.34 and a beta of 1.29. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.95 and a current ratio of 3.30. The stock has a fifty day moving average price of $83.25 and a 200-day moving average price of $82.46. Entegris, Inc. has a 12-month low of $60.75 and a 12-month high of $117.88.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $0.01. Entegris had a return on equity of 12.05% and a net margin of 9.17%.The business had revenue of $792.40 million for the quarter, compared to the consensus estimate of $753.85 million. During the same period in the prior year, the firm posted $0.71 earnings per share. The business's quarterly revenue was down 2.5% on a year-over-year basis. Entegris has set its Q3 2025 guidance at 0.680-0.700 EPS. Analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, July 30th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.5%. The ex-dividend date was Wednesday, July 30th. Entegris's payout ratio is presently 20.62%.

Wall Street Analyst Weigh In

ENTG has been the topic of a number of research analyst reports. KeyCorp restated an "overweight" rating and issued a $103.00 target price (down from $112.00) on shares of Entegris in a research note on Thursday, July 31st. Oppenheimer started coverage on Entegris in a research note on Thursday. They issued a "market perform" rating and a $95.00 price objective on the stock. Mizuho lifted their target price on Entegris from $90.00 to $98.00 and gave the company an "outperform" rating in a research report on Tuesday, July 15th. Wall Street Zen cut Entegris from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Finally, Needham & Company LLC restated a "buy" rating and set a $100.00 price target on shares of Entegris in a research note on Tuesday, May 20th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $105.30.

Insider Buying and Selling at Entegris

In related news, SVP Clinton M. Haris sold 3,627 shares of the business's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $90.00, for a total value of $326,430.00. Following the completion of the transaction, the senior vice president directly owned 37,743 shares in the company, valued at $3,396,870. The trade was a 8.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Susan G. Rice sold 8,858 shares of the company's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $79.84, for a total transaction of $707,222.72. Following the completion of the transaction, the senior vice president owned 56,912 shares of the company's stock, valued at approximately $4,543,854.08. This trade represents a 13.47% decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by corporate insiders.

Entegris Profile

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).