Allstate Corp acquired a new stake in Entegris, Inc. (NASDAQ:ENTG – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,115 shares of the semiconductor company’s stock, valued at approximately $473,000. Get Entegris alerts: Several other institutional investors have also recently made changes to their positions in the business. ORG Wealth Partners LLC lifted its position in Entegris by 862.1% in the third quarte ...

Entegris has initiated a comprehensive search process for a permanent CFO with the assistance of a leading executive search firm. Mr. Sauer has 37 years of experience in key finance and accounting roles at Entegris. For the last 13 years, Mike has served as Entegris' Controller and Chief Accounting Officer. He previously served as Corporate Controller and Director of Treasury and Risk Management. Earlier in his career, he held various roles of increasing responsibility within Entegris' finance and accountin ...

BILLERICA, Mass.--(BUSINESS WIRE)--Entegris, Inc. (NASDAQ: ENTG), will release its financial results for the fourth quarter of 2025, before the opening of the market on Tuesday, February 10, 2026. A teleconference with management is scheduled for the same day at 8:00am ET. Participants should dial +1 833-316-1983 or +1 785-838-9310 and reference Conference ID: ENTGQ425. Participants are asked to dial in 5 to 10 minutes prior to the start of the call. For the live webcast and replay of the call, please Clic ...

Group 1 - Entegris Inc. (NASDAQ:ENTG) reached a new 52-week high, driven by investor interest ahead of an upcoming dividend and a significant price target increase from an analyst [1][3] - The stock climbed to a peak of $118 during intra-day trading, ultimately closing up 9.08% at $113.54 [2] - UBS upgraded its recommendation on Entegris from "neutral" to "buy," raising the price target from $90 to $145, indicating a potential upside of 27.7% from the latest closing price [2][3] Group 2 - UBS's optimism regarding Entegris is based on expectations of a broader recovery in the MSI system, expansion of Taiwan Semiconductor's N2 nodes production, and increased adoption of molybdenum [3] - Projected revenue growth for Entegris is estimated at 10% in 2026 and 11% in 2027, reflecting positive market conditions [3] - Entegris announced a quarterly cash dividend of $0.10 per share, payable on February 18, 2026, to shareholders as of January 28 [4]

Group 1 - Entegris (ENTG) shares increased by 9.1% to close at $113.54, supported by strong trading volume, and have gained 22.4% over the past four weeks [1] - The company is experiencing growth driven by AI in advanced logic and memory, increased demand for liquid filtration, CMP consumables, and advanced packaging solutions [1] - Entegris is expected to report quarterly earnings of $0.67 per share, reflecting a year-over-year decline of 20.2%, with revenues projected at $813.76 million, down 4.3% from the previous year [2] Group 2 - The consensus EPS estimate for Entegris has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] - Entegris holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [3] - Himax Tech (HIMX), a competitor in the same industry, has a consensus EPS estimate of $0.04, representing a significant year-over-year decline of 71.4%, and also holds a Zacks Rank of 3 (Hold) [4]

Summary of Key Points from Conference Call Records Industry Overview: Semiconductors Core Insights - **Sustained WFE Growth**: The semiconductor industry is expected to see an 11% year-over-year (YoY) growth in wafer fabrication equipment (WFE) by 2026, driven by transitions in leading-edge logic and DRAM due to AI datacenter expansions [1][6][10]. - **Memory Market Dynamics**: The NAND supply/demand balance has tightened significantly, with price increases anticipated through 2026, supported by strong SSD demand from hyperscalers and enterprises [1][6]. - **Investor Expectations**: Elevated investor expectations following strong third-quarter results mean that upcoming earnings and guidance must meet high standards [1][7]. Company-Specific Insights Applied Materials (AMAT) - **Rating**: Buy - **Outlook**: Expected upside in guidance due to improved memory spending outlook, with a focus on DRAM and foundry/logic segments [2][6]. - **Financial Estimates**: Anticipated 1% revenue upside for the quarter and 4% quarter-over-quarter (QoQ) revenue improvement, with non-GAAP EPS estimates 8% above consensus for CY26 [8][10]. Entegris (ENTG) - **Rating**: Sell - **Concerns**: Cautious outlook due to margin headwinds and limited growth from fab construction-related CapEx, which constitutes about 25% of revenue [3][58]. - **Financial Estimates**: Expected 2% revenue downside for the quarter, with guidance for flattish revenue QoQ [60]. Lam Research (LRCX) - **Rating**: Buy - **Focus Areas**: Investors are expected to concentrate on DRAM spending and NAND upgrades, with modest revenue upside anticipated for the quarter [16][18]. - **Financial Estimates**: Expected 2% revenue upside for the quarter, with non-GAAP EPS estimates 1% above consensus for CY26 [17]. KLA (KLAC) - **Rating**: Neutral - **Investor Focus**: Management's view on process control intensity and growth expectations for 2026 WFE will be critical [24][26]. - **Financial Estimates**: Anticipated over 1% revenue upside for the quarter, with guidance for flat revenue QoQ [25]. MKS Instruments (MKSI) - **Rating**: Sell - **Outlook**: Focus on 2026 WFE expectations and chemistry momentum, with a balanced investor positioning [32][34]. - **Financial Estimates**: Expected 1% revenue upside for the quarter, with guidance for slight revenue growth QoQ [33]. Teradyne (TER) - **Rating**: Buy - **Key Focus**: Sustainability of semi-test growth and Merchant GPU qualification progress [40][43]. - **Financial Estimates**: Expected 2% revenue upside for the quarter, with non-GAAP EPS estimates 13% above consensus for CY26 [42]. Qnity (Q) - **Rating**: Buy - **Investor Focus**: Wafer start recovery and operational execution will be key areas of interest [49][52]. - **Financial Estimates**: Expected 2% revenue upside for the quarter, with guidance for flattish revenue QoQ [51]. SanDisk (SNDK) - **Rating**: Buy - **Focus Areas**: Sustainability of NAND pricing growth and enterprise SSD qualification momentum [66][68]. - **Financial Estimates**: Expected 2% revenue upside for the quarter, with non-GAAP EPS estimates 9% below consensus for CY26 [67]. Seagate (STX) - **Rating**: Buy - **Investor Focus**: Sustainability of HDD pricing growth and HAMR production ramp [73][75]. - **Financial Estimates**: Expected 1% revenue upside for the quarter, with guidance for flattish revenue QoQ [74]. Additional Considerations - **CapEx Monitoring**: Investors are advised to closely monitor CapEx revisions from leading foundry and memory players, as well as signs of wafer start recovery, which could create upside for select suppliers [1][19]. - **China Exposure**: Continued focus on China exposure and its implications for revenue growth in 2026 remains a critical point for investors [9][26]. This summary encapsulates the key insights and financial expectations from the semiconductor industry and specific companies, highlighting potential investment opportunities and risks.

Core Viewpoint - The article discusses the competitive landscape of the global electronic gases market, highlighting the dominance of companies from Europe, the United States, and Japan in this sector [3]. Group 1: Major Companies in Europe and the United States - Linde Group (Germany/Ireland) is a leading industrial gas company with a projected revenue of $33 billion for the fiscal year 2024, where electronic gases account for approximately $3 billion, or 9% of its total revenue [6]. - Air Liquide (France) anticipates a revenue of €27.058 billion for the fiscal year 2024, with electronic gases contributing around €2.4 billion, also representing 9% of its total revenue [6]. - Air Products and Chemicals (USA) reported a total revenue of $12.6 billion in 2023, focusing on the sale of industrial gases and specialty gases [6]. - Merck KGaA (Germany) has a strong position in high-purity electronic specialty gases, particularly in the semiconductor processing sector [6]. - Entegris (USA) expects a revenue of $3.2 billion in 2024, with its electronic gas revenue scale unspecified [6]. - Messer Group (Germany) has a projected revenue of €4.5 billion in 2024, with electronic gas revenue details not disclosed [6]. - Solvay (Belgium) is a leading producer of advanced materials and specialty chemicals, including electronic chemicals [6]. - REC Silicon (Norway) is a major producer of high-purity polysilicon and silane gases, with a projected revenue of $140 million in 2024 [6]. Group 2: Major Companies in Japan - Taiyo Nippon Sanso is Japan's largest industrial gas and air separation equipment manufacturer, with a projected revenue of ¥1.31 trillion for the fiscal year 2024 [7]. - Resonac (formerly Showa Denko) has electronic gas products including high-purity gases, with an expected revenue of ¥1.39 trillion in 2024 [7]. - Kanto Denka is a major supplier of fluorinated gases, focusing on semiconductor cleaning and etching processes, with an overall revenue of approximately ¥380 billion in 2023 [7]. - Sumitomo Seika offers a wide range of electronic specialty gases, with a projected revenue of ¥150 billion for the fiscal year 2025 [7]. - Iwatani Corporation specializes in rare gases and semiconductor specialty gases, contributing significantly to the electronic gas market [7]. - Central Glass focuses on high-purity fluorinated gases for semiconductor manufacturing [7]. - ADEKA Corporation has a strong position in high-end fluorinated chemicals and electronic functional materials [7]. - Daikin Industries is a major supplier of fluorinated electronic specialty gases, with significant production capacities [7]. Group 3: Major Companies in South Korea - Daesung Industrial Gases is a key supplier of electronic specialty gases, with a projected revenue of approximately 1.48 trillion KRW (around $1.12 billion) for the fiscal year 2024 [8]. - SK Specialty focuses on semiconductor gases, with major products including trifluorine and hexafluorotungsten, serving major clients like Samsung and SK Hynix [8]. - Wonik Materials is a leading manufacturer of electronic specialty gases, with a focus on ammonia and nitrous oxide [8]. - Foosung specializes in fluorinated electronic gases, particularly hexafluorotungsten and trifluorine [8]. - Hyosung TNC has a strong position in the electronic specialty gas market, particularly in trifluorine [8]. Group 4: Major Companies in China - TEAN is the largest domestic electronic specialty gas company, with a revenue of 1.695 billion CNY in 2024, covering over 80 products [9]. - Yingde Gases is a leading independent industrial gas producer, with a revenue of 16.1 billion CNY in 2021 [9]. - Jiangsu Nanda Optoelectronic Materials is a leading manufacturer of phosphine and arsine, with a revenue of 1.506 billion CNY in 2024 [9]. - Wu Hua Chemical Technology Group is a major supplier of fluorinated electronic gases, with significant production capacities [9]. - Guangdong Huate Gas is a comprehensive service provider of electronic bulk gases, with a projected revenue of 1.84 billion CNY in 2024 [9].

Group 1: Fund Performance - Ave Maria Growth Fund returned 0.84% in Q3 2025, underperforming the S&P 500 Index which returned 8.12% and the S&P 500® Equal Weight Index which gained 4.84% [1] - The fund's investor letter provides insights into its top 5 holdings for 2025 [1] Group 2: Entegris, Inc. Overview - Entegris, Inc. (NASDAQ:ENTG) is a specialty chemical company that provides consumables for semiconductor manufacturing, making it difficult for customers to switch to competitors [3] - The company reported sales of $807 million for Q3 2025, which was flat year-over-year and up 2% sequentially [4] - Entegris's stock closed at $99.56 per share on January 6, 2026, with a market capitalization of $15.093 billion [2] Group 3: Investment Insights - Ave Maria Growth Fund initiated new positions in Entegris, Shift4 Payments, and Tower Semiconductor, highlighting the growing demand for advanced chips and the potential rebound in demand for less advanced chips as drivers for Entegris's growth [3] - Despite the potential of Entegris as an investment, some analysts believe that certain AI stocks may offer greater upside potential and carry less downside risk [4]

Core Viewpoint - Entegris, Inc. (NASDAQ:ENTG) is facing bearish sentiment from Goldman Sachs, which downgraded the stock from "Neutral" to "Sell" and reduced the price target from $88 to $75, despite the company's management expressing confidence in future growth [2][3]. Group 1: Market Sentiment and Analyst Outlook - Goldman Sachs has revised its outlook for semiconductor stocks, anticipating a surge in hyperscaler artificial intelligence spending in 2026, which is expected to positively impact digital, memory, and storage stocks [2]. - The firm sees cyclical tailwinds for the analog sector due to a gradual recovery in industrial and automotive markets, but does not view Entegris as a beneficiary due to limited margin improvement [3]. Group 2: Company Management and Growth Expectations - Entegris management is optimistic about future growth, citing increasing device complexity as a driver for demand in materials science and purity solutions [4]. - The CEO highlighted strong momentum in products supporting advanced semiconductor nodes, including liquid filtration and purification, deposition materials, and CMP consumables [4]. Group 3: Financial Projections - For the fourth quarter, Entegris expects revenue between $790 million and $830 million, with non-GAAP EPS projected at $0.62 to $0.69 [5]. - Management anticipates adjusted EBITDA margins to be in the range of 26.5% to 27.5% [5].

Group 1: Stock Performance - Nike, Inc. (NYSE:NKE) decreased by 12.81% due to a 17% decline in Greater China sales in Q2 and multiple analysts lowering their price forecasts [1] - Arm Holdings plc (NASDAQ:ARM) fell by 9.77% after Goldman Sachs downgraded the stock from Neutral to Sell, lowering the price forecast from $160 to $120, and B of A Securities reduced it from $205 to $145 [2] - Insmed Incorporated (NASDAQ:INSM) decreased by 11.37% this week [3] - ServiceNow, Inc. (NYSE:NOW) fell by 0.78% after the Phase 2b BiRCh study did not meet its efficacy endpoints [3] - BitMine Immersion Technologies, Inc. (AMEX:BMNR) decreased by 9.15% amid volatility in Bitcoin prices [4] - Lennar Corporation (NYSE:LEN) fell by 9.94% following a fourth-quarter earnings miss and multiple analysts lowering their price forecasts [4] - Coupang, Inc. (NYSE:CPNG) decreased by 8.52% this week [4] - Marathon Petroleum Corporation (NYSE:MPC) slumped by 9.42% due to a CFO transition announcement [4] - Entegris, Inc. (NASDAQ:ENTG) fell by 5.90% after Goldman Sachs downgraded the stock from Neutral to Sell, lowering the price target from $88 to $75 [5] - Phillips 66 (NYSE:PSX) fell by 8.84% as energy stocks traded lower due to Russia-Ukraine ceasefire hopes affecting oil prices and warmer weather forecasts impacting natural gas [5]