Entegris Stock Rises After Chip-Gear Maker's Q4 Beat, Guidance | Investor's Business DailyBREAKING: [World's Largest EV Maker Sues U.S. Government]---Semiconductor equipment supplier Entegris (ENTG) on Tuesday topped analyst estimates for the fourth quarter and with its outlook for the current period. Entegris stock rose strongly on the news. The Billerica, Mass.-based company earned an adjusted 70 cents a share on sales of $823.9 million in the December quarter. Analysts polled by FactSet had expected earn ...

PRESS RELEASE BILLERICA, Mass., February 10, 2026 - Entegris, Inc. (NASDAQ: ENTG), today reported its financial results for the Company's fourth quarter ended December 31, 2025. Dave Reeder, Entegris' President and Chief Executive Officer, said: "Our solid performance in the fourth quarter was highlighted by revenue, adjusted EBITDA margin, and non-GAAP EPS all near or above the high-end of our guidance range. For 2025, our unit-driven growth was a result of ongoing strength in liquid filtration, selective ...

Core Insights - Entegris has seen significant changes in institutional investor positions, with ORG Wealth Partners LLC increasing its stake by 862.1% in Q3, now holding 279 shares valued at $26,000 after acquiring 250 additional shares [1] - Analysts have mixed ratings on Entegris, with BMO Capital Markets raising the price target from $105.00 to $126.00 and giving an "outperform" rating, while Goldman Sachs lowered its rating from "neutral" to "sell" with a price target reduction from $88.00 to $75.00 [2] - Entegris reported earnings of $0.72 per share for the last quarter, meeting consensus estimates, with revenue of $807.10 million, slightly above analyst expectations [4] Institutional Investment - ORG Wealth Partners LLC increased its position by 862.1% in Q3, now owning 279 shares worth $26,000 [1] - Alpine Bank Wealth Management raised its stake by 73.7% in Q2, now holding 311 shares valued at $25,000 [1] - New stakes were acquired by Twin Peaks Wealth Advisors LLC, Quent Capital LLC, and Tripletail Wealth Management LLC, with values of approximately $25,000, $34,000, and $49,000 respectively [1][7] Analyst Ratings - BMO Capital Markets increased the price target to $126.00 and rated the stock "outperform" [2] - Zacks Research upgraded the stock from "strong sell" to "hold" [2] - Goldman Sachs downgraded the stock from "neutral" to "sell" with a new price target of $75.00 [2] - Needham & Company LLC maintained a "strong-buy" rating [2] - KeyCorp raised its price objective to $111.00 and rated the stock "overweight" [2] Stock Performance - Entegris opened at $114.71, with a market capitalization of $17.39 billion and a price-to-earnings ratio of 60.69 [3] - The stock has a 52-week low of $60.75 and a high of $122.43 [3] - The company has a quick ratio of 2.13 and a current ratio of 3.44, indicating strong liquidity [3] Earnings Report - Entegris reported $0.72 EPS for the quarter, matching consensus estimates, with a net margin of 8.95% [4] - Revenue for the quarter was $807.10 million, slightly above the expected $804.63 million, but down 0.1% year-over-year [4] - Guidance for Q4 2025 is set at EPS between $0.620 and $0.690 [4] Dividend Information - Entegris announced a quarterly dividend of $0.10 per share, with an annualized dividend of $0.40 and a yield of 0.3% [5] - The payout ratio stands at 21.16% [5] Insider Transactions - Insider Bertrand Loy sold 57,570 shares at an average price of $76.88, totaling approximately $4.43 million, reducing his position by 15.84% [6] - SVP Joseph Colella sold 3,577 shares at an average price of $88.41, totaling approximately $316,243 [6]

Core Viewpoint - Entegris, Inc. announces the resignation of Chief Financial Officer Linda LaGorga, effective February 28, 2026, with Mike Sauer stepping in as Interim CFO starting March 1, 2026, while a search for a permanent CFO is underway [1][2][4]. Group 1: Management Changes - Linda LaGorga will step down as CFO by mutual agreement, effective February 28, 2026 [1]. - Mike Sauer, currently VP, Controller, and Chief Accounting Officer, will take on the role of Interim CFO while retaining his current responsibilities [1]. - LaGorga will serve as a Senior Advisor until May 15, 2026, to ensure a smooth transition [1]. Group 2: Leadership Experience - Mike Sauer has 37 years of experience in finance and accounting roles at Entegris, including 13 years as Controller and Chief Accounting Officer [3]. - Sauer has previously held positions such as Corporate Controller and Director of Treasury and Risk Management, showcasing a strong background in finance [3]. Group 3: Company Statements - Dave Reeder, President and CEO, expressed gratitude for LaGorga's contributions and emphasized her role in strengthening the company's foundation [4]. - LaGorga stated her pride in serving as CFO and confidence in the team's ability to seize future opportunities [4]. - Reeder highlighted Sauer's financial expertise and deep understanding of the semiconductor industry as key assets for the company during the transition [4]. Group 4: Financial Guidance - Entegris reaffirmed its outlook for the fourth quarter of 2025, as previously provided in its third quarter financial results on October 30, 2025 [5]. - A conference call to discuss the fourth quarter 2025 results is scheduled for February 10, 2026, at 8:00 a.m. Eastern Time [6]. Group 5: Company Overview - Entegris is a leading supplier of advanced materials and process solutions for the semiconductor and high-technology industries, employing approximately 8,000 people globally [7]. - The company is ISO 9001 certified and has facilities in multiple countries, including the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan [7].

Company Overview - Entegris, Inc. is a leading supplier of advanced materials and process solutions for the semiconductor and other high-tech industries [3] - The company has approximately 8,000 employees globally and is ISO 9001 certified [3] - Entegris operates manufacturing, customer service, and research facilities in multiple countries including the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan [3] Financial Results Announcement - Entegris will release its financial results for the fourth quarter of 2025 before the market opens on February 10, 2026 [1] - A teleconference with management is scheduled for the same day at 8:00 am ET [1] Teleconference Details - Participants can join the teleconference by dialing +1 833-316-1983 or +1 785-838-9310 and referencing Conference ID: ENTGQ425 [2] - It is recommended that participants dial in 5 to 10 minutes prior to the start of the call [2]

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]